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 July 17: The benchmark S&P BSE Sensex notched a new high of 66,656 in the intra-day trade, while the Nifty50 hit a new record high of 19,732
The company's consolidated net profit grew merely by 2.5 per cent to Rs 658.71 crore in April-June 2023 quarter (Q1FY24), as lower sales of apparel and general merchandise impacted margins.
Since 2021, the stock price of Lloyds Metals has skyrocketed 5,686 per cent to Rs 582.70 from level of Rs 10.07 at the end of December 2020.
Angel One said NSE's order does not affect the existing business or the activities of the APs affiliated with the company.
CLOSING BELL ON JULY 14, 2023: The BSE benchmark index scaled a fresh summit at 66,160, while the NSE Nifty50 registered a record high at 19,595.
Mphasis surged 4 per cent, while TCS, Infosys, HCL Technologies and L&T Technology Services gained in the range of 2 to 3 per cent
Exide said the strong automobile sales augur well for Company as higher vehicle sales not only help the OEM business but also expand the aftermarkets in years to come.
Thus far in the calendar year, the stock has skyrocketed 200 per cent, as compared to 7.5 per cent rise in the S&P BSE Sensex.
CLOSING BELL ON JULY 13, 2023: The NSE Nifty50 hit a new high of 19,567, before finishing with a modest gain of 29 points on Thursday. Broader indices ended in red.
The stock hit a new high of Rs 199.85, rallied 8% in an otherwise weak broader market.
Shares of Patel Engineering were locked at upper circuit for the third straight day on Thursday, and now quote at the highest level since November 2018.
The management said the strong performance was fueled by the robust growth in AUM, which witnessed a 32 per cent YoY increase, reaching to Rs 43,413 crore
The floor price for the 'Offer for Sale' was fixed at Rs 1,000 per equity share; and the offer will be on July 13 and 14.
CLOSING BELL ON JULY 12, 2023: Shares of online gaming firms wilted under selling pressure on Wednesday owing to the 28% GST levy. Meanwhile, HDFC signed-off its from the bourses with a 0.6% loss.
The board of directors of BSE Ltd, on July 6, approved a share buyback of up to Rs 375 crore at Rs 816 per share
Thus far in the calendar year 2023, the stock zoomed has 148% as compared to a 7% rise in the S&P BSE Sensex
PEL said it has won contracts worth Rs 292.11 crore from the Indian Air Force for supply of Chaffs, and orders amounting to Rs 260.15 crore for supply of Flares
Thus far in the current calendar year, the stock has skyrocketed 184 per cent, as compared to 7.5 per cent rise in the S&P BSE Sensex.
With strong order book in hand across segments, the management is optimistic of sustaining growth momentum going forward
The stock rallied 20 per cent to Rs 504.90 on the BSE in intra-day trade on Tuesday, and has zoomed 91 per cent against its issue price of Rs 265 per share in two days