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 SEPTEMBER 15, 2023: The BSE Sensex hit a new life-time high at 67,927, and the Nifty registered a peak at 20,222 on Friday
Around 125.44 million equity shares representing 25.36 per cent holding worth of Rs 1,494 crore of Restaurant Brands Asia changed hands on the NSE, exchange data shows
Closing Bell on September 14, 2023: Sectorally, the Nifty PSU Bank index gained 1.64 per cent, the Nifty Metal index added 1.5 per cent, and the Nifty Realty eked out gains of 1.4 per cent
The company's consumer banking arm has inked an agreement with AFC Commercial Bank to modernise its banking operations.
Shares of ITI Limited rallied 7% to Rs 212.45, its highest level since February 1994, on the back of heavy volumes
Meanwhile, Novelis, as subsidiary of Hindalco, expects global demand for aluminum beverage can sheet to grow at a 3 per cent compounded annual growth rate from 2022 to 2031
Significant optimism has returned to the sugar sector due to seasonal factors (festival period), and growing concerns on India's sugar production estimate for the upcoming season
NBCC (India), on Wednesday, signed a quadripartite memorandum of understanding (MoU) with Ministry of Steel, Rashtriya Ispat Nigam Limited (RINL), and National Land Monetisation Corp. Ltd. (NLMC)
The average trading volumes on the counter jumped over five-fold today with combined 18.96 million equity shares changing hands on the NSE and BSE till 09:24 AM.
Closing Bell on September 13, 2023:The gains were led by Bharti Airtel (up 2.7 per cent), Titan, Axis Bank, SBI, IndusInd Bank, Power Grid, NTPC, Tata Motors, Ultratech Cement, and Bajaj Finance
Till 01:49 PM, a combined 9.3 million equity shares, representing 15.85 per cent of total equity of IOL Chemicals, had changed hands on the NSE and BSE
Earlier on September 3, GMR Group had received Letter of Award (LOA) worth Rs 5,123 crore for smart metering project from Purvanchal Vidyut Vitran Nigam Limited.
In the past two months, the stock has surged 35 per cent after it reported a healthy set of numbers for June quarter
Shares of NIIT moved higher by 19% to Rs 139 on the BSE in Wednesday's intra-day trade, zooming 69 per cent in the past three trading days
With these orders, the company's year-to-date order intake stands at a record level of over Rs 6,500 crore, a strong growth of 11 per cent over the last year
Closing Bell on September 12, 2023: Among sectors, the Nifty Media index declined nearly 4 per cent, the Nifty Metal index nearly 3 per cent, and the Nifty PSU Bank and Auto indices up to 2.5 per cent
TCS continues to witness robust demand for cloud migration, digital engineering, product innovation, and enterprise application solutions, according to analysts
Total 22 stocks from the Smallcap index including Suzlon Energy, GMR Power, Reliance Infra, PTC Ind, Genus Power, Patel Engg and HPL Electric were locked at their respective lower circuits on the BSE.
The management said the outlook for Lemon Tree Hotels remains promising, with healthy occupancy rates and higher average room rates (ARRs)
Going ahead, bank targets advance growth of 11- 12 per cent in FY24-25E with continued focus on retail/ MSME segment.