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 11, 2023: The NSE Nifty ended 84 points or 0.4 per cent higher, while the Bank Nifty and Nifty Financial Services declined 0.2 per cent and 0.4 per cent, respectively on Tuesday.
Thus far in the calendar year 2023, the stock price of Minda Corp has zoomed nearly 50 per cent, as compared to 7.6 per cent rise in the S&P BSE Sensex.
In the past week, the stock has rallied 18 per cent after the company reported over 30 per cent consolidated revenue growth for the June quarter (Q1FY24)
The stock has hit a 52-week high at Rs 174.55 in intra-day trades so far on Tuesday.
CLOSING BELL ON JULY 10, 2023: Reliance alone contributed 302 points to the BSE Sensex as the stock finished 3.8 per cent higher. The NSE Nifty 50 was up 24 points at 19,356 on Monday.
The company will also transfer a mining lease granted by the government over to Ramco Cements for an area of 663.46 hectares
In the past one month, the stock has outperformed the market by gaining 12 per cent as compared to a 4.4 per cent rise in the S&P BSE Sensex
Till 11:07 AM; a combined 11.53 million shares representing 14 per cent of total equity of the company had changed hands on the NSE and BSE.
The stock was listed at Rs 403, a 52 per cent premium over its issue price of Rs 265 per share on the National Stock Exchange.
Under the arrangement, shareholders of RIL will get one share each of Reliance Strategic Investment (RSIL) for every one share held in RIL as of the record date
Closing Bell on July 7, 2023: PowerGrid, IndusInd Bank, HUL, NTPC, Bajaj Finance, HCL tech, Tech M, L&T, Asian Paints, ICICI Bank, ITC, Kotak Bank, Infosys, and HDFC twins declined up to 3 per cent
Based on preliminary cash balances, JLR expects to report positive free cash flow of over £400 million in the June quarter.
So far this calendar year (CY23), shares of Olectra has rallied over 144 per cent, as against 8 per cent rise in the S&P BSE Sensex
In the past two months, the stock of auto components & equipment company has zoomed 64 per cent
Analysts believe this is a positive development for Praj Industries as biodiesel could be the next growth driver for the company
Post listing, the market price of the company doubled against its issue price of Rs 672, hitting an intra-day high of Rs 1,344 on the BSE
The company's jewellery division witnessed a satisfactory performance and grew 21 per cent YoY in the April-June quarter
The sale's value more than doubled, zooming 119 per cent year-on-year, to Rs 1,126 crore from previous year's Q1 sales of Rs 513 crore
The record date for the eligibility of interim dividend payment, if any, will be Saturday July 15, 2023, Hindustan Zinc said in a filing
In the past two months, the market price of Ceat skyrocketed 50 per cent after margins expansion of the company were back to double digit in the January-March quarter (Q4FY23).