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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 466 - Si Reporter

Sensex ends 149 pts up on late buying, Nifty atop 19,600; Steel stocks soar

CLOSING BELL ON AUGUST 09, 2023: The BSE benchmark gained over 600 points from the day's low ; BSE Metal index surged 2.5 per cent; Energy and Consumer Durables indices were up over a per cent each.

Sensex ends 149 pts up on late buying, Nifty atop 19,600; Steel stocks soar
Updated On : 09 Aug 2023 | 4:08 PM IST

Shyam Metalics hits 10% upper circuit post July sales numbers

The stock has rallied nearly 77 per cent so far this fiscal year as against a 12 per cent rally on the benchmark Nifty 50.

Shyam Metalics hits 10% upper circuit post July sales numbers
Updated On : 09 Aug 2023 | 3:49 PM IST

IdeaForge slips 6%, hits lowest level since listing post Q1 results

The stock was quoting lower for the sixth straight day, falling 13 per cent during the period

IdeaForge slips 6%, hits lowest level since listing post Q1 results
Updated On : 09 Aug 2023 | 10:31 AM IST

Ircon International surges 8% on healthy Q1 results, order book

As on June 30, 2023, Ircon total order book position stood at Rs 32,486 crore, of which orders worth of Rs 23,613 crore were from railways.

Ircon International surges 8% on healthy Q1 results, order book
Updated On : 09 Aug 2023 | 10:06 AM IST

Sensex ends 107 pts down post choppy day; PSBs shine, M&M, JSW Steel dip

CLOSING BELL ON AUGUST 08, 2023: The NSE Nifty 50 ended 26 points lower at 19,571. Tech Mahindra, Wipro and Bajaj twins bucked the trend and finished with notable gains on Tuesday.

Sensex ends 107 pts down post choppy day; PSBs shine, M&M, JSW Steel dip
Updated On : 08 Aug 2023 | 4:09 PM IST

Indian Bank soars 10% on heavy volumes; hits 5-year high in subdued market

The stock hit a 5-year high of Rs 381.40 and has zoomed 35% in two months and is inching towards its record high level of Rs 428 touched in November 2017

Indian Bank soars 10% on heavy volumes; hits 5-year high in subdued market
Updated On : 08 Aug 2023 | 2:48 PM IST

Hero MotoCorp rides 4% higher on strong Harley Davidson X440 bookings

In an exchange filing, the company said that it would start production of the Harley Davidson X440 in September 2023 and commence deliveries from October onwards

Hero MotoCorp rides 4% higher on strong Harley Davidson X440 bookings
Updated On : 08 Aug 2023 | 2:28 PM IST

HPL Electric & Power freezes at 5% upper circuit on Rs 417-crore order win

With this, the total pending order book pipeline now stands at Rs 2,267 crore

HPL Electric & Power freezes at 5% upper circuit on Rs 417-crore order win
Updated On : 08 Aug 2023 | 1:47 PM IST

NLC India climbs over 12-year peak, rallies 5% on stable outlook

The company is hopeful that the possession of the required land will be made available at the earliest and will reach to the lignite production level as per the requirement of thermal power station.

NLC India climbs over 12-year peak, rallies 5% on stable outlook
Updated On : 08 Aug 2023 | 12:44 PM IST

Caplin Point rallies 12%, hits 52-week high on strong Q1 results

With a healthy order book, company targets 40-50 per cent growth in revenues in FY24.

Caplin Point rallies 12%, hits 52-week high  on strong Q1 results
Updated On : 08 Aug 2023 | 12:04 PM IST

Gland Pharma freezes at 20% upper circuit on strong June quarter show

The firm's gross profit margin was up 700 bp year-on-year (YoY) to 63 per cent for Q1 due to lower raw material costs. On a sequential basis, gross profit margin improved by 900 bp from 54 per cent

Gland Pharma freezes at 20% upper circuit on strong June quarter show
Updated On : 08 Aug 2023 | 10:45 AM IST

PB Fintech sheds 4% even as Q1 net loss narrows to Rs 12 cr

The stock opened higher and hit a 52-week high at Rs 816, before slipping into the negative zone in intra-day deals on Tuesday.

PB Fintech sheds 4% even as Q1 net loss narrows to Rs 12 cr
Updated On : 08 Aug 2023 | 10:14 AM IST

M&M jumps 3% as Q1 results impresses Street; brokerages remain bullish

In the recently concluded quarter, the company's consolidated revenue rose 19 per cent YoY to Rs 33,892 crore

M&M jumps 3% as Q1 results impresses Street; brokerages remain bullish
Updated On : 07 Aug 2023 | 9:53 PM IST

Sensex ends 232 pts up, Nifty50 near 19,600; Pharma, IT stocks upbeat

Closing Bell on August 7: Among sectors, Nifty Healthcare, Nifty Pharma, and Nifty IT indices emerged as the top leaders, gaining up to 2 per cent

Sensex ends 232 pts up, Nifty50 near 19,600; Pharma, IT stocks upbeat
Updated On : 07 Aug 2023 | 4:12 PM IST

Orient Cement hits 52-week high on heavy volumes; zooms 25% in 3 days

The upward movement in the stock price of the CK Birla Group company has been seen after Ambuja Cement successfully acquired Sanghi Industries in a deal valued at Rs 5,000 crore

Orient Cement hits 52-week high on heavy volumes; zooms 25% in 3 days
Updated On : 07 Aug 2023 | 2:59 PM IST

Aurobindo Pharma hits 2-year high; stock zooms 100% thus far in 2023

Aurobindo said its subsidiary Eugia has received a final approval from the USFDA to manufacture and market Vancomycin Hydrochloride for Injection used in treatment of skin and bone infection.

Aurobindo Pharma hits 2-year high; stock zooms 100% thus far in 2023
Updated On : 07 Aug 2023 | 12:15 PM IST

Britannia Industries slips 3% as Q1FY24 results misses Street estimates

The biscuit maker's revenue and profit-after-tax (PAT) 8.4/35.6 per cent year-on-year growth in Q1FY24 were below consensus estimates by 2.4/10 per cent, respectively

Britannia Industries slips 3% as Q1FY24 results misses Street estimates
Updated On : 07 Aug 2023 | 11:42 AM IST

Adani Green tanks 12% after nearly 3% equity change hands via block deal

At 09:15 AM; around 44.24 million shares representing 2.8 per cent of total equity of AGEL changed hands on the BSE, the exchange data shows.

Adani Green tanks 12% after nearly 3% equity change hands via block deal
Updated On : 07 Aug 2023 | 11:42 AM IST

Telecom infra stocks in focus; Birla Cable, Sterlite Tech surge up to 20%

The Union Cabinet on Friday approved Rs 1.3 trillion ($17 billion) worth of investments to drive the next stage of the government's ambitious BharatNet project.

Telecom infra stocks in focus; Birla Cable, Sterlite Tech surge up to 20%
Updated On : 07 Aug 2023 | 11:15 AM IST

Yatharth Hospital debuts on a quiet note, commands 14% gain at day's high

The stock moved higher to Rs 341, a 14% premium against its issue price of Rs 300 per share, after listing at Rs 306.10 on the NSE.

Yatharth Hospital debuts on a quiet note, commands 14% gain at day's high
Updated On : 07 Aug 2023 | 10:30 AM IST