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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 452 - Si Reporter

Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens

Closing Bell on Wednesday, October 18, 2023: Brent crude futures jumped 3 per cent after Iran called for sanctions and oil embargo against Israel

Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens
Updated On : 18 Oct 2023 | 4:15 PM IST

This defence-related stock soared 14.5% in weak market, hit record high

From its March 2023 lows, shares of Astra Microwave Products has more-than-doubled by surging 106 per cent on the bourses

This defence-related stock soared 14.5% in weak market, hit record high
Updated On : 18 Oct 2023 | 12:57 PM IST

Biocon slips 4% after USFDA asks for corrective measures at Malaysian unit

The USFDA has determined the inspection classification as 'OAI' (Official Action Indicated) post inspection of Biocon's step-down subsidiary in Malaysia.

Biocon slips 4% after USFDA asks for corrective measures at Malaysian unit
Updated On : 18 Oct 2023 | 10:35 AM IST

Hudco plunges 9% as govt begins partial stake sale via OFS at discount

The floor price for the sale, however, has been set at Rs 79 apiece, which is 12 per cent lower than Tuesday's closing price pf Rs 89.9 per share

Hudco plunges 9% as govt begins partial stake sale via OFS at discount
Updated On : 18 Oct 2023 | 10:04 AM IST

Sensex snaps 3-day losing run, gains 261 pts in broad-based rally

Closing Bell on Tuesday, October 17, 2023: On the National Stock Exchange (NSE), the Nifty50 shut shop 80 points, or 0.40 per cent, higher at 19,812.

Sensex snaps 3-day losing run, gains 261 pts in broad-based rally
Updated On : 17 Oct 2023 | 4:04 PM IST

Newgen Software soars 14%, hits new high on strong September quarter result

The company said the healthy earnings were driven by strong growth in the banking and financial services segment across geographies

Newgen Software soars 14%, hits new high on strong September quarter result
Updated On : 17 Oct 2023 | 3:50 PM IST

Karur Vysya Bank surges 7% post record Q2 profit; stock hits 6-year high

The bank reported its highest-ever quarterly profit of Rs 378 crore for the quarter ended September 2023, up 51 per cent from a year ago period.

Karur Vysya Bank surges 7% post record Q2 profit; stock hits 6-year high
Updated On : 17 Oct 2023 | 12:40 PM IST

Sensex dips 116 pts; Broader indices shine; PSB, metal stocks rally

Closing Bell on October 16, 2023:JSW Steel, Tata Steel, Axis Bank, HCL Tech, Power Grid, M&M, Power Grid, Titan, and NTPC were the top Sensex gainers, up between 0.5 per cent and 1.7 per cent

Sensex dips 116 pts; Broader indices shine; PSB, metal stocks rally
Updated On : 16 Oct 2023 | 4:02 PM IST

3 CPSE stocks are locked in 20% upper circuits, hitting multi-year highs

Shares of STC India, ITDC, and KIOCL from the S&P BSE CPSE index were locked at 20 per cent upper circuit, hitting multi-year highs

3 CPSE stocks are locked in 20% upper circuits, hitting multi-year highs
Updated On : 16 Oct 2023 | 3:25 PM IST

These 2 factors dragged SpiceJet 11% lower today after surging 19% Friday

SpiceJet stock news: The stock of SpiceJet had soared 19.4 per cent last Friday, October 13, after a report had said that Gangwal was looking to buy stake in the airline

These 2 factors dragged SpiceJet 11% lower today after surging 19% Friday
Updated On : 16 Oct 2023 | 1:56 PM IST

Venus Remedies zooms 20%; gets nod for 6 chemotherapy drugs in Philippines

The company has secured marketing authorisation for bortezomib cisplatin, doxorubicin, docetaxel, flurouracil and paclitaxel from the Philippines.

Venus Remedies zooms 20%; gets nod for 6 chemotherapy drugs in Philippines
Updated On : 16 Oct 2023 | 12:52 PM IST

Skipper surges 8% on fresh order win worth Rs 588 crore

In the past six months, the stock price of Skipper has zoomed 131 per cent as compared to 10.5 per cent rise in the S&P BSE Sensex

Skipper surges 8% on fresh order win worth Rs 588 crore
Updated On : 16 Oct 2023 | 11:37 AM IST

GSFC hits record high, up 9% on heavy volumes and stable business outlook

The higher stock levels, coupled with likely momentum to be achieved in fresh production/imports, FY24 is likely to witness a situation of comfortable availabilities in the fertilizer sector

GSFC hits record high, up 9% on heavy volumes and stable business outlook
Updated On : 16 Oct 2023 | 11:00 AM IST

Delta Corp slips 9% on additional GST shortfall notice worth Rs 6,384 crore

The stock was quoting at its lowest level since November 2020, and has tanked 51 per cent from its 52-week high level of Rs 259.95 touched on June 28, 2023

Delta Corp slips 9% on additional GST shortfall notice worth Rs 6,384 crore
Updated On : 16 Oct 2023 | 9:59 AM IST

Sensex, Nifty end lower for 2nd day; Tata Motors jumps 5%, Infy slides 2%

Closing Bell on Friday, October 13, 2023: Among sectors, the Nifty PSU Bank index fell 1.4 per cent, while the Nifty Auto index gained 0.88 per cent

Sensex, Nifty end lower for 2nd day; Tata Motors jumps 5%, Infy slides 2%
Updated On : 13 Oct 2023 | 4:27 PM IST

Angel One hits record high on strong Q2 results; zooms 106% in 7 months

Analysts believe the Angel Group will continue to strengthen its market position by steady increase in active clients

Angel One hits record high on strong Q2 results; zooms 106% in 7 months
Updated On : 13 Oct 2023 | 2:55 PM IST

Tata Motors zooms 5% to fresh high; DVR shares jump 4% amid EV subsidy buzz

According to media reports, the government is working on a policy to support local manufacturing of electric cars, a decision likely to provide a level playing field for the industry

Tata Motors zooms 5% to fresh high; DVR shares jump 4% amid EV subsidy buzz
Updated On : 13 Oct 2023 | 2:45 PM IST

HDFC AMC surges 6% on strong Q2 results; NAM India hits 52-week high

HDFC AMC reported healthy performance in Q2-FY24 with around 4.7% QoQ growth in AUM to Rs 5.23 trillion and market share remaining steady at 11.2%

HDFC AMC surges 6% on strong Q2 results; NAM India hits 52-week high
Updated On : 13 Oct 2023 | 1:35 PM IST

Stock of this mining equipment maker soars 51% in 8 days; hits record high

Thus far in the calendar year 2023, the stock price of Eimco Elecon has skyrocketed 236 per cent, as compared to 8 per cent rise in the S&P BSE Sensex.

Stock of this mining equipment maker soars 51% in 8 days; hits record high
Updated On : 13 Oct 2023 | 12:26 PM IST

Laxmi Organic dips 5% after raising Rs 259 crore via QIP issue

The fund raising committee, at its meeting held on October 10, 2023, approved the allotment of 9.63 million equity shares of face value of Rs 2 at an issue price of Rs 269.20 per share

Laxmi Organic dips 5% after raising Rs 259 crore via QIP issue
Updated On : 12 Oct 2023 | 2:04 PM IST