 "SI Reporter")
SI Reporter
SI Reporter
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.
Page 447 - Si Reporter
Bull run extends on D St! Sensex leaps 353 pts, Nifty nears 20,950
Closing Bell on December 6, 2023: The benchmarks on the BSE and NSE, along with the MidCap index, hit fresh lifetime highs today
 "Bull run extends on D St! Sensex leaps 353 pts, Nifty nears 20,950")
Adani group, banks, RIL help Sensex end above 69,000, Nifty 20,850
Closing Bell on December 5, 2023: The S&P BSE Sensex crossed the 69,000-mark decisively and hit a record high of 69,381 during the day
 "Adani group, banks, RIL help Sensex end above 69,000, Nifty 20,850")
BSE Power index surges nearly 5%; NTPC, Adani Power, ABB hit new peaks
In the past two months, the power index has surged 19 per cent, while in nine months, it zoomed 59 per cent.
 "BSE Power index surges nearly 5%; NTPC, Adani Power, ABB hit new peaks")
DCB Bank gains 5% as Aga Khan Fund mulls fund infusion of $10 million
The purpose is to further strengthen the bank's capital position and support its growth plans
 "DCB Bank gains 5% as Aga Khan Fund mulls fund infusion of $10 million")
Adani group stks zoom up to 19%; Adani Green, Ambuja regain Rs 1 trn m-cap
In the past two trading days Adani Group stocks have surged close to 31 per cent in anticipation that India shall witness a stable government post the 2024 general elections.
 "Adani group stks zoom up to 19%; Adani Green, Ambuja regain Rs 1 trn m-cap")
Sensex, Nifty end at record highs as BJP clinches 3 state polls; banks soar
Closing Bell on December 4, 2023: The S&P BSE Sensex zoomed over 1,400 points intraday to hit a new record high of 68,918. The Nifty50, on the other hand, hit a fresh lifetime high of 20,703
 "Sensex, Nifty end at record highs as BJP clinches 3 state polls; banks soar")
L&T surges 5% to hit fresh high; surpasses its buyback price of Rs 3,200
In the past month, the stock price of L&T has outperformed the market by surging 15 per cent as compared to a nearly 6 per cent rise in the S&P BSE Sensex
 "L&T surges 5% to hit fresh high; surpasses its buyback price of Rs 3,200")
Inox Wind soars 14% as promoter completes Rs 800 crore fund infusion
Inox Wind announced the completion of infusion of around Rs 800 crore (before taxes and fees) into the company by its promoter Inox Wind Energy Limited (IWEL).
 "Inox Wind soars 14% as promoter completes Rs 800 crore fund infusion")
Adani group shares rally; Adani Green, Enterprises, Power surge up to 15%
Last week, the Supreme Court reserved its judgement on the charges made by the Hindenburg report
Sensex leaps 493 pts, Nifty ends at record closing high of 20,268
Closing Bell on Friday, December 1, 2023: The Nifty 50 index scaled a new peak of 20,291.55 in the intraday trade
 "Sensex leaps 493 pts, Nifty ends at record closing high of 20,268")
Hindustan Aeronautics up for 6th straight day; soars 5% on healthy outlook
In the past 10 months, the stock price of HAL has zoomed 111 per cent. Moreover, from its March 2020 low, it has skyrocketed 1,016 per cent
 "Hindustan Aeronautics up for 6th straight day; soars 5% on healthy outlook")
Flair Writing makes strong debut, lists at 65% premium over its issue price
The stock listed at Rs 503 on the BSE and at Rs 501 on the NSE. The issue price was Rs 304 per share
 "Flair Writing makes strong debut, lists at 65% premium over its issue price")
ITD Cementation soars 13% on Rs 1,001 crore order-win; zooms 54% in 1 month
The company has secured a contract for civil and hydro-mechanical works of 500 MW hydel power, pumped storage project worth approximately Rs 1,001 crore excluding GST in Andhra Pradesh
 "ITD Cementation soars 13% on Rs 1,001 crore order-win; zooms 54% in 1 month")
Sensex ends 87 pts up, Nifty at 20,130; Tata Tech surges 165%, Gandhar 79%
Stock market highlights: After listing at a whopping 140 per cent premium, shares of Tata Technologies closed at Rs 1,326, which is 165 per cent higher against the issue price of Rs 500
 "Sensex ends 87 pts up, Nifty at 20,130; Tata Tech surges 165%, Gandhar 79%")
Metro Brands, Nykaa soar up to 9% on inking licensing pact with Foot Locker
Shares of Metro Brands surged 9 per cent to hit a new high of Rs 1,440.45, while Nykaa gained 3.5 per cent to Rs 178.20 on the BSE in intra-day trade today
 "Metro Brands, Nykaa soar up to 9% on inking licensing pact with Foot Locker")
Fedbank Financial makes weak debut; lists at 2% discount to issue price
Fedbank Financial is a retail-focused NBFC promoted by Federal Bank which focuses on Micro, Small & Medium Enterprises (MSMEs) and the emerging self-employed individuals (ESEIs) sector.
 "Fedbank Financial makes weak debut; lists at 2% discount to issue price")
IREDA extends rally in weak market; stock zooms 115% against issue price
The stock hit a new high of Rs 68.91 on the BSE in intra-day trade today, has zoomed 115% against its issue price of Rs 32 per share on the BSE.
 "IREDA extends rally in weak market; stock zooms 115% against issue price")
Gandhar Oil Refinery makes robust debut; stock zooms 104% over issue price
The initial public offer (IPO) of Gandhar Oil Refinery had received good response from the investors and was subscribed 65.63 times.
PCBL surges 6% on plan to acquire Aquapharm Chemicals for Rs 3,800 crore
Thus far in the month of November, the stock price of PCBL has rallied 35 per cent, while since April it has been more than doubled or zoomed 133 per cent
Aster DM Healthcare soars 15%; hits new high on stake sale plan in Gulf biz
The company announced on Tuesday that its subsidiary would sell its stake in Aster DM Healthcare FZC to Alpha GCC for $1.01 billion (Rs 8,125 crore).
 "Aster DM Healthcare soars 15%; hits new high on stake sale plan in Gulf biz")