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 June 19, 2023: The BSE Sensex whipsawed 527 points intra-day today
CLOSING BELL ON JUNE 16, 2023: At the high point of the day, the Sensex was just 63 points shy from its record high, and the Nifty 22 points; Debutant IKIO ends at 42 per cent premium over issue price
Shares of Mazagon Dock Shipbuilders hit a new high of Rs 1,213.40, surging 15% on the BSE in Friday's intra-day trade. Over 8 per cent of total equity of the company changed hands on the NSE and BSE
ITC outperformed the market for the eight straight months, has rallied 37% thus far in the calendar year 2023, as compared to 3.8 per cent rise in the S&P BSE Sensex.
The management expects margins to remain in double digits in FY24E on the back of pricing discipline, softening in commodity prices, and operating leverage gains
About 6.41 million shares representing 6.2 per cent of total equity of the company changed hands on the NSE via block deals in pre-opening trade, the exchange data shows.
Their consortium has won contract to supply 1.54 million forged wheels under Atmanirbhar Bharat Initiative by Ministry of Railways
CLOSING BELL ON JUNE 15, 2023: The weekly Nifty and Bank Nifty options expiry pressure saw the NSE benchmark drop 0.4 per cent, while the latter tumble 1.2 per cent.
With the retail loan book gaining traction to almost over 90 per cent of outstanding AUM by FY24E, valuation multiple should witness a re-rating
The Initial License (Form VIJ) for Manufacturing of Small Arms has been granted to Lokesh Machines, subject to payment of applicable fees.
VBL said stock split will enhance liquidity of the company's equity shares and encourage participation of small investors by making equity shares of the company more attractive to invest
KKR's roads Highways Infrastructure Trust is in talks to acquire a portfolio of 12 road projects from the company for an enterprise value of about Rs 9,000 crore.
Around 22.5 million shares representing 0.74 per cent of total equity of Axis Bank changed hands on the NSE in pre-opening deals.
CLOSING BELL ON JUNE 14, 2023: Sectorally, the BSE Metal index surged 1.6 per cent. The Energy and Oil & Gas indices were also up nearly a per cent each.
Paytm has kicked off the current year on a high note, witnessing a remarkable upturn in its business performance
Gujarat Pollution Control Board (GPCB) had ordered closure of Vapi plant in May 2023
Analysts at ICICI Securities believe the India business (food & beverage) would continue to dominate with higher growth from newer segments
Around 1 million shares, representing 2 per cent of total equity of SIL, changed hands on the BSE in the first hour of trade
As per a report, promoters Aditya Birla Group (ABG) and UK's Vodafone Group Plc could infuse Rs 14,000 crore in the company
Till 09:56 am; around 7.7 million shares, which represented 7.4 per cent of total equity of CDSL changed hands on the NSE, exchange data shows