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.
Aadhar Housing Finance made a flattish stock market debut on Wednesday with its shares of housing finance company (HFC) getting listed at Rs 315 per share ,a 0.22 per cent discount
On the NSE, TBO Tek made debut at Rs 1,426 per share, a 55 per cent premium to its issue price of Rs 920
Stock Market LIVE updates on Wednesday, May 15, 2024: Among sectors, the Nifty PSU Bank index added 1.4 per cent, followed by the Nifty Realty (1 per cent)
Canara Bank stock split: Canara Bank has fixed May 15, 2024 as the record date for determining entitlement of equity shareholders for the purpose of sub division/ split of existing equity shares
On an index level, Nifty PSU Bank was the top sectoral performer of the day on NSE jumping 2 per cent at 7,207 levels in intraday trade
Shares of Indian railways related firms have gained up to 8% in the last two days on back of order wins, and sentiment booster from Indian minister talk.
The Mumbai based developer reported a 64 per cent year-on-year increase in net profit, reaching Rs 788 crore. Total income for the same period surged by 56 per cent to Rs 1,558 crore
LIC news: The revised timeline for LIC to achieve 10 per cent public shareholding is on or before May 16, 2027
The company's consolidated revenue from operations stood at Rs 3,894.6 crore in Q4FY24, as opposed Rs 3,375.4 crore in Q4FY23
Colgate Palmolive Q4 results: despite a sharp ramp up of ad spends (up 18 per cent Y-o-Y), Ebitda margins expanded by 226bp Y-o-Y/216bp Q-o-Q to stand at 35.7 per cent
The fall came a day after the company announced its March quarter results for FY24 (Q4FY24), along with stock-split and dividend announcement
Promoters Shirin Hamied, Rumana Hamied, Samina Hamied and Okasa Pharma Private Limited have sold 2.53 per cent shares of Cipla for an undisclosed amount
Notably, Bharti Airtel is among the top gainers on Bombay Stock Exchange (BSE)
Siemens stock update: In past three trading days, Siemens stock has rallied 17 per cent, while, in past one month, it has zoomed 33 per cent.
The shares are offered at a face value of Rs 2 and is a mix of a fresh issue of equity shares valued at Rs 1,000 crore and an Offer-for-Sale (OFS) of shares worth Rs 500 crore by promoters
The software products company's net profit zoomed 36 per cent on a year-on-year (Y-o-Y) basis to Rs 38 crore in the March quarter of FY24, from Rs 28 crore in the March quarter of FY23
The total revenues of UPL dropped by 15 per cent year on year (YoY) at Rs 14,078 crore in the March quarter of FY24 as against Rs 16,569 crore in the corresponding quarter of the previous fiscal year
The Refractory Shapes IPO, valued at approximately Rs 18.60 crore, comprises a fresh issue of 6,000,000 equity shares with a face value of Rs 10, with no offer-for-sale component
The surge came after the company announced a strong set of quarter-ending March of financial year 2024 (Q4FY24) results
The total consolidated income of Alembic rose by 30.7 per cent at Rs 51 crores in the March quarter of FY24 as against Rs 39 crores in the corresponding quarter of the previous fiscal year