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.
The BSE benchmark index trades near the day's high
RIL and autos weigh
BSE Bankex index leads the gains
Rate sensitive shares, Infosys lead gains
Global markets firm
A combined 1.08 million shares have changed hands on the counter so far on the NSE and BSE
Wipro, SBI and ITC among the top losers on the Sensex
The stock is outperforming the market by rising 6%post Q4FY12 earnings, compared to 3% drop in the benchmark index Sensex.
The stock is outperforming the market by gaining 51% from its issue price of Rs 150 per share compared to around 4% rise in the benchmark index Sensex.
The company plans to divest as much as 75% stake to pay high cost rupee loans.
UB Holdings, Kingfisher Airlines, United Spirits (USL) and United Breweries are trading higher by more than 5% each on the NSE
Auto stocks under pressure
Tata Motors, Mahindra and Mahindra and Maruti Suzuki India are down 1-2% on the National Stock Exchange
Sebi asked all listed private companies to meet the norm of minimum 25% public holding by June 2013.
The board declared bonus issue in the ratio of 1:2 & final dividend of Rs 5 per share
Accordingly Adone and its wholly-owned subsidiary, Marala Real Estate Private Limited, ceased to be subsidiaries of the company
The change in management could be announced as early as July-August when HCL Tech announces its full year results
BSE Bankex up 1%
April IIP growth at 0.1%
Jet Airways, Kingfisher Airlines & SpiceJet are up 3-4% on the BSE