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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 457 - Si Reporter

Sensex extends winning run into 11th day, gains 320 pts; Nifty nears 20,200

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

Sensex extends winning run into 11th day, gains 320 pts; Nifty nears 20,200
Updated On : 15 Sep 2023 | 4:15 PM IST

Restaurant Brands Asia rallies 13%, hits 52-week high on large block deal

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

Restaurant Brands Asia rallies 13%, hits 52-week high on large block deal
Updated On : 15 Sep 2023 | 9:48 AM IST

Sensex, Nifty end flat after hitting record highs; broader indices gain 1%

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

Sensex, Nifty end flat after hitting record highs; broader indices gain 1%
Updated On : 14 Sep 2023 | 4:11 PM IST

Intellect Design Arena rallies 5% on securing new banking contract

The company's consumer banking arm has inked an agreement with AFC Commercial Bank to modernise its banking operations.

Intellect Design Arena rallies 5% on securing new banking contract
Updated On : 14 Sep 2023 | 2:46 PM IST

With 71% jump in 4 days, this PSU stock is at its highest level since 1994

Shares of ITI Limited rallied 7% to Rs 212.45, its highest level since February 1994, on the back of heavy volumes

With 71% jump in 4 days, this PSU stock is at its highest level since 1994
Updated On : 14 Sep 2023 | 2:24 PM IST

Hindalco surges 7% in 2 days on pact with Italian firm to make rail coaches

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

Hindalco surges 7% in 2 days on pact with Italian firm to make rail coaches
Updated On : 14 Sep 2023 | 11:35 AM IST

Sugar stocks rally; Dalmia, Balrampur, Avadh, Uttam, Dhampur soar up to 13%

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

Sugar stocks rally; Dalmia, Balrampur, Avadh, Uttam, Dhampur soar up to 13%
Updated On : 14 Sep 2023 | 11:13 AM IST

NBCC soars 13%, hits 52-week high on Rs 180-cr order win, MoU with govt

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)

NBCC soars 13%, hits 52-week high on Rs 180-cr order win, MoU with govt
Updated On : 14 Sep 2023 | 11:03 AM IST

Bombay Dyeing hits 20% upper limit as board okays Rs 5200 cr land sale deal

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.

Bombay Dyeing hits 20% upper limit as board okays Rs 5200 cr land sale deal
Updated On : 14 Sep 2023 | 9:50 AM IST

Sensex rises 246 pts, Nifty holds 20,050 in broad rally; PSB index zooms 4%

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

Sensex rises 246 pts, Nifty holds 20,050 in broad rally; PSB index zooms 4%
Updated On : 13 Sep 2023 | 4:08 PM IST

IOL Chemicals hits 17-month high, zooms 19% on heavy volumes

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

IOL Chemicals hits 17-month high, zooms 19% on heavy volumes
Updated On : 13 Sep 2023 | 2:20 PM IST

GMR Power wins new contract for smart meters; stock hits 10% upper limit

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.

GMR Power wins new contract for smart meters; stock hits 10% upper limit
Updated On : 13 Sep 2023 | 12:14 PM IST

Ajanta Pharma surges 11% in subdued market on healthy business outlook

In the past two months, the stock has surged 35 per cent after it reported a healthy set of numbers for June quarter

Ajanta Pharma surges 11% in subdued market on healthy business outlook
Updated On : 13 Sep 2023 | 11:33 AM IST

This Ashish Kacholia-owned education stock has zoomed over 69% in 3 days

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

This Ashish Kacholia-owned education stock has zoomed over 69% in 3 days
Updated On : 13 Sep 2023 | 10:56 AM IST

KEC Intl hits new high, gains 11% on winning orders worth Rs 1,012 cr

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

KEC Intl hits new high, gains 11% on winning orders worth Rs 1,012 cr
Updated On : 13 Sep 2023 | 10:18 AM IST

Mid, SmallCap indices sink up to 4% ahead of CPI inflation; benchmarks flat

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

Mid, SmallCap indices sink up to 4% ahead of CPI inflation; benchmarks flat
Updated On : 12 Sep 2023 | 4:07 PM IST

TCS gains 3%, hits 52-week high in range-bound market

TCS continues to witness robust demand for cloud migration, digital engineering, product innovation, and enterprise application solutions, according to analysts

TCS gains 3%, hits 52-week high in range-bound market
Updated On : 12 Sep 2023 | 2:34 PM IST

BSE Smallcap index slips 4%, records sharpest intra-day fall of 2023 so far

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.

BSE Smallcap index slips 4%, records sharpest intra-day fall of 2023 so far
Updated On : 12 Sep 2023 | 1:21 PM IST

Lemon Tree Hotels rallies 15% in 4 days on signing new property in Shimla

The management said the outlook for Lemon Tree Hotels remains promising, with healthy occupancy rates and higher average room rates (ARRs)

Lemon Tree Hotels rallies 15% in 4 days on signing new property in Shimla
Updated On : 12 Sep 2023 | 12:12 PM IST

Bank of India up 3% on heavy volumes; nears 52-week high on healthy outlook

Going ahead, bank targets advance growth of 11- 12 per cent in FY24-25E with continued focus on retail/ MSME segment.

Bank of India up 3% on heavy volumes; nears 52-week high on healthy outlook
Updated On : 12 Sep 2023 | 10:46 AM IST