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.
Closing Bell on October 26, 2023: In the broader market, the BSE MidCap index shed 0.94 per cent, and the BSE SmallCap index fell 0.19 per cent
The board also declared an interim dividend of Rs 7 per share (700 per cent on par value of Rs 1) for the financial year 2023-24
Shares of IRM Energy listed at Rs 477, a 5 per cent discount against its issue price of Rs 505 per share on the National Stock Exchange
ICICI Securities believes key will be how new CEO (from December, 2023) pivots the business to more diversified from current Communication heavy construct ahead
Closing Bell on October 25, 2023: In the broader market, the BSE MidCap index slipped 0.52 per cent and the BSE SmallCap 0.77 per cent as against the frontline indices' 0.8 per cent decline
The grand vision for this project involves an investment of approximately Rs 400 crore, spanning across 62-acre expanse in Illalur village
According to CRISIL, despite reduced exports and a decline in ethanol production, Ebitda margins of MSMEs in the sugar industry are projected to increase in the upcoming quarters
The management expects to report better performance in Q3 due to positive demand uptick in festive season, accelerating margins due to synergies with the acquired B2B business and cost reduction
Closing Bell on October 23, 2023: The broad-based losses were led by PSU banks, metals, real estate, and IT stocks. Their respective indices, thus, fell 3.89%, 3.3%, 3.14%, and 2% on the NSE
Total 14 stocks including Jai Corp, Kesoram Industries, MMTC, Ashapura Minechem, HPL, Omaxe, Prakash Industries and Reliance Infrastructure were locked in their respective lower circuits
The company has secured work allocation order from State Water and Sanitation Mission (SWSM), Water Supply and Sanitation Department (WSSD), Government of Maharashtra amounting to Rs 248.39 crore.
In Q2, the company's net profit nearly doubled to Rs 347 crore, on the back of an improved income profile and strong control on the cost of operations.
BSE revised the transaction charges in equity derivatives segment, across slabs, with effect from November 1, 2023.
The company has received voluntary action indicated (VAI) classification from the United States Food and Drug Administration (USFDA) for its Ratlam, Madhya Pradesh manufacturing facility.
As per the DRHP filed by Honasa Consumer, the proposed IPO consists of fresh issue of shares worth Rs 400 crore, and an Offer for Sale (OFS) of up to 46.80 million equity shares.
The NSE Nifty50 ended 82 points lower at 19,543; broader indices too finished with significant losses. Private banks, however, bucked the trend on Friday.
Closing Bell on Thursday, October 19, 2023: Bajaj Auto, LTIMindtree, and Nestle India were the top gainers, soaring 6.5%, 6%, and 3.5%, respectively, post their September quarter results
In the past two days, the stock of the public sector undertaking (PSU) company has declined 19 per cent
From its 52-week low of Rs 26.4 touched on April 28 this year, the stock had leaped 237 per cent to a new 52-week high of Rs 89 on October 17, Tuesday
The company has received a Letter of Empanelment from MSEDCL for 50,000 Off-Grid SPWPS pumps for the entire state of Maharashtra