The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
The Business Standard's Smart Investor (SI) reports focus on in-depth analysis and timely news concerning strategic investment trends, business deals, and financial manoeuvres within the corporate world.
Oil & gas, Banks gain in afternoon deals
Sensex opens higher by 26 pts
Select banks - Axis Bank, Yes Bank in focus
Private banks, metal shares among top Sensex gainers
Auto shares drop while banks shine
Banks and IT scrips lead gains
RIL, RPower to be in focus
Breadth neutral as 1,271 stocks advance while 1,307 decline
Tata Power and Reliance Infrastructure have rallied 3% each on the Bombay Stock Exchange.
Renuka Sugars, Balarampur Chini, Dhampur Sugars, and EID Parry are trading higher by 2-3% on the BSE
Breadth positive as 1,406 stocks advance while 606 decline
A combined 19.43 million shares have changed hands on the counter in morning trades
Analysts at Prabhudas Lilladher have recommended a BUY rating on the stock
The company has redeemed the outstanding $80 million FCCBs on due date through internal accruals.
Promoter shareholding, currently at 45.21%, needs to be brought down to 20% as per the directive
The stock is outperforming the market by surging 43% in past four days, compared to 0.26% fall in the benchmark Sensex
Morgan Stanley Asia (Singapore) PTE bought 950,000 shares at Rs 131 per share
As of June 25, 2012, the company has purchased 4.10 million equity shares at a total consideration of Rs 46.36 crore.
The stock has gained 25% since June 20, as compared to a marginal 0.33% rise in the Sensex
A combined 297,052 shares have already changed hands on the counter so far, against an average sub 7,500 shares that were traded daily in past two weeks