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.
Capital goods and banking stocks lead gains
INR strengthened to 55.05 against the US dollar
Auto shares continue to languish
BHEL, SBI and DLF top gainers among the Sensex stocks
BSE Auto index down by almost 1%
SGX Nifty was trading at 4,912 ¿ down 0.3%
L&T, SBI top Sensex gainers
The board has recommended a dividend of Rs 7.30 per share for FY11-12
EBITDA margins improved strongly from 20.43% to 26.57% during the recently concluded quarter.
The board recommended a final dividend of 100% on face value of Rs 10/- for FY11-12
In April 2007, the company had issued $100 million Zero Coupon Convertible Bonds due in 2012.
The board announced dividend of 5% or Rs 0.25 per equity share of Rs 5 each.
Buyback of equity shares at a maximum price of Rs 110 per share from the open market purchase.
EBITDA margins declined to 6.92% from 12.82% during the recently concluded quarter
A combined 1.48 million shares have changed hands on the counter so far, against an average 835,000 shares that were traded daily in past two weeks.
The company raised automotive battery prices by 2.5%, with the hike effective June 1.
The pipeline will be built at an estimated investment of $ 7.6 billion approximately.
The company has decided to repay around Rs 3,100 crore ($550 million) of FCCBs
Higher net profit growth on back of other income and lower tax outgo
Broader markets hold ground