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 3, 2023: The S&P BSE Sensex settled at a fresh closing high of 65,205, soaring 486 points. The broader Nifty50, meanwhile, zoomed 141 points to 19,330
HDFC Bank hit a record high of Rs 1,744.70, while HDFC hit a 52-week high of Rs 2,900.60. The stocks have rallied 7 per cent in the past four trading days
CLOSING BELL ON JUNE 30, 2023: The NSE Nifty 50 was up 217 points on Friday. While the NSE benchmark ended 3.5 per cent higher in June, the index registered a 10.5 per cent gain for Q1FY24.
Shares of HDFC Bank and HDFC Ltd gained 2 per cent each in Friday's intra-day trade ahead of their Board meeting to finalise merger date
On Friday, June 30, the stock surpassed its previous high of Rs 213.50, touched on December 9, 2022
M&M hit a record high of Rs 1,440.75, up 3 per cent on the BSE
Kaleyra is a global omnichannel integrated communication services provider with a set of proprietary platforms, which offers targeted personalisation through messaging, video, push notifications
Meanwhile, shares of MCX slipped 12 per cent to Rs 1,437 on the BSE.
Among individual stocks, HDFC AMC was locked at the temporary 10 per cent upper limit; Nippon Life India AMC surged 11 per cent in Friday's intra-day trade.
CLOSING BELL ON JUNE 28, 2023: The BSE Sensex hit a new all-time high at 64,050; Nifty at 19,011 and Bank Nifty at 44,508 on Wednesday.
According to IPO Watch, the shares are commanding grey market premium (GMP) of Rs 550, signaling a listing gain of 82 per cent over the upper end of the IPO price
Buying out Kurlon Enterprise, which makes the Kurl-on brand of mattresses, will help Sheela Foam nearly double its market share, the report by Moneycontrol said
The stock of the Tata group automobile company was trading at its highest level since September 2016
BLS International recently consolidated its banking correspondence and e-Governance businesses into a Digital Services segment, which is operated through BLS E-Services.
TPG Growth II SF Pte Ltd, on Friday, sold 4.46 million shares for Rs 293 crore through an open market transaction
TRSL recently received the largest-ever order for Wagons from Indian Railways
CLOSING BELL ON JUNE 27, 2023: HDFC-HDFC Bank set July 01 as the merger date; stocks end with gains of around 1.5 per cent each. Cyient DLM IPO sails through on Day 1, subscribed 1.9x as of 3:50 PM.
Thus far in the month of June, the stock has surged 43 per cent after the company reported 30 per cent year-on-year and month-on-month jump in total sales at 2,645 units for the May month.
On June 1, the company's board approved preferential issuance of Rs 1,250 crore to its promoter and promoter group entity, out of the total approved equity fund raise of upto Rs 3,000 crore.
Shares of Apollo Micro Systems hit a new high of Rs 55.25, zooming 355 per cent in past one year, as against 19 per cent rise in the S&P BSE Sensex.