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 Wednesday, October 18, 2023: Brent crude futures jumped 3 per cent after Iran called for sanctions and oil embargo against Israel
From its March 2023 lows, shares of Astra Microwave Products has more-than-doubled by surging 106 per cent on the bourses
The USFDA has determined the inspection classification as 'OAI' (Official Action Indicated) post inspection of Biocon's step-down subsidiary in Malaysia.
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
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.
The company said the healthy earnings were driven by strong growth in the banking and financial services segment across geographies
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.
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
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
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
The company has secured marketing authorisation for bortezomib cisplatin, doxorubicin, docetaxel, flurouracil and paclitaxel from the Philippines.
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
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
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
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
Analysts believe the Angel Group will continue to strengthen its market position by steady increase in active clients
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
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%
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.
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