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.
Stock Market Highlights on Wednesday, August 21: While the BSE Sensex ended at 80,905, up 102 points, the Nifty settled 71 points higher at 24,770
Shares of Tasty Bite Eatables continued at their upward movement for the fourth straight day, hitting seven-month high of Rs 15,222.90, surging 20% on the BSE in Wednesday's intra-day trade.
Updater Services shares surged up to 10.6 per cent at Rs 358.60 per share on the BSE in Wednesday's intraday deals.
The northward movement in the rally follows the announcement of a whopping 350 per cent dividend, or Rs 35 per share, for FY24
The surge in the stock price came after the company announced that its wholly owned subsidiary (WOS) Relonchem Limited has secured Marketing Authorisation from UKMHRA for three products.
Shares of Divi's Laboratories surged up to 5 per cent at Rs 4960 per share on the BSE in Wednesday's intraday deals
Solara Active Pharma Sciences, Indoco Remedies, Dishman Carbogen Amcis, Krishna Institute of Medical Sciences, Divi's Lab, Strides Pharma, Narayana Hrudayalaya and Vijaya Diagnostic were up 5 per cent
The rise in stock price came after the company announced that its subsidiary RMC Green Energy has secured approval from Rajasthan Renewable Energy Corporation to set up a 50 MW RE park in Rajasthan.
The fall in BGR Energy Systems stock price came after the company announced that its contract has been terminated by Jharkhand Urja Sancharan Nigam Limited (JUSNL).
Dr Reddy's Laboratories shares reached their all time high at Rs 7,101 per share, surging 1.95 per cent at intraday levels on Wednesday
While the buyers and sellers could not be confirmed, General Atlantic Singapore Fund FII Pte Ltd was the likely seller in the housing finance company
The shares of CESC rose after the company announced that its subsidiary, Purvah Green Power Private Limited has incorporated a Wholly Owned Subsidiary (WOS) company, Ecofusion Power Private Limited.
Genus Power Infrastructures shares were locked in 5 per cent upper circuit, hitting their all time high at Rs 438.35 on Wednesday following a large order win by the company
The uptick in HG Infra share price came after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 781.11 crore.
At 09:15 am, as many as 11.87 million equity shares, representing 14.96 per cent of total equity of Cyient DLM, changed hands on the BSE
Stocks to watch on August 21: General Atlantic Singapore Fund FII Pte plans to divest a 5.1 per cent equity stake in PNB Housing Finance through a block deal, with a floor price of Rs 775 per share
Shares of Tech Mahindra soared up to 2.48 per cent, hitting its 52-week high at Rs 1,634.25 per share on the BSE in Tuesday's intraday trade
Margins improved by 217 bps reaching to 8.37% on account of significant improvement in operating profitability of steel pipes biz and stability in the margins of lighting and consumer durable biz.
Shares of Marksans Pharma soared up to 1.98 per cent at Rs 220.14 per share on the BSE in Tuesday's intraday trade
Hindustan Zinc has announced that its board declared a dividend of Rs 19 per equity share, or 950 per cent on the face value of Rs 2 per equity share, for FY25