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 AUGUST 24, 2023: The Nifty tumbled over 200 pts in intra-day deals, and ended with a loss of 57 points. IndusInd Bank, Asian Paints and Infosys, however, gained over a per cent each.
The company said air passenger traffic would gain further momentum with addition of routes and airline capacity
Till 10:05 AM, a combined 13.49 million shares had changed hands on the counter on the BSE and NSE, representing nearly 4 per cent of the company's equity
At 09:15 AM; around 88.4 million shares representing 10.44 per cent of total equity of Manappuram Finance changed hands on the BSE, the exchange data shows.
Centum Electronics and Paras Defence were the top gainers in Thursday's intra-day deals, zooming up to 20 per cent.
Stocks to Watch on August 24, 2023: Coforge promoter Hulst BV is looking to offload its entire 26.63% stake in the firm via a block deal; India may ban sugar exports for the first time in 7 years
Shares of DB Corp were locked in the upper circuit of 10% at Rs 255.30, its highest level since May 2018 on the BSE on Wednesday on expectation of a steady revenue growth in FY24
CLOSING BELL ON AUGUST 23, 2023: The NSE Nifty 50 ended with a gain of 48 points; Shares related to Chandrayaan-3 mission were also in demand on Wednesday.
Thus far in the calendar year, the stock price of HAL has appreciated nearly 60 per cent, as compared to 6.8 per cent rise in the S&P BSE Sensex
A combined 3.33 million shares, representing 12.8 per cent of total equity of Atul Auto, changed hands on the NSE and BSE till 12:05 PM
The market regulator, alleged that the funds raised via preferential issue of shares that were meant to be given as loans and advances to its subsidiaries appeared to be overstated
IDFC and IDFC First Bank have gained as much as 58 per cent and 69.5 per cent so far this fiscal year as against 11.8 per cent gain on the Nifty 50.
So far in the calendar year 2023 (CY23), the stock of this engineering company has surged 30.6 per cent, as against 7 per cent rise in the S&P BSE Sensex
With India poised to lead decarbonization of its economy, the management said it is seeing renewed enthusiasm from India Inc. to drive this green energy transition.
The stock was listed at Rs 207.05 on the NSE as against its issue price of Rs 197 per share.
Thus far in the calendar year 2023, the stock price of Linde India has zoomed 70 per cent, as compared to 6.6 per cent rise in the S&P BSE Sensex.
Analyst believes pickup in thermal power orders and companies focus on diversification in segments such as railways, defence, nuclear, hydro augurs well for company in long term.
The company said that the two additions under two diverse models aligned with their asset-light policy
Till 11:39 am; a combined 6.03 million shares changed hands, with pending sell orders for 106 million shares on the NSE and BSE
The stock has gained nearly 43 per cent so far in FY24 as against a 12 per cent rally in benchmark Sensex.