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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 479 - Si Reporter

Sensex rises for 3rd straight day, up 85pts ahead of Fed outcome; RIL leads

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.

Sensex rises for 3rd straight day, up 85pts ahead of Fed outcome; RIL leads
Updated On : 14 Jun 2023 | 4:04 PM IST

Tata Consumer hits record high; rallies 5% on positive growth outlook

Analysts at ICICI Securities believe the India business (food & beverage) would continue to dominate with higher growth from newer segments

Tata Consumer hits record high; rallies 5% on positive growth outlook
Updated On : 14 Jun 2023 | 1:57 PM IST

Sangam India zooms 18% on heavy volumes on stable outlook

Around 1 million shares, representing 2 per cent of total equity of SIL, changed hands on the BSE in the first hour of trade

Sangam India zooms 18% on heavy volumes on stable outlook
Updated On : 14 Jun 2023 | 10:46 AM IST

Vodafone Idea zooms 10% amid report of Rs 14,000-crore fund raise plan

As per a report, promoters Aditya Birla Group (ABG) and UK's Vodafone Group Plc could infuse Rs 14,000 crore in the company

Vodafone Idea zooms 10% amid report of Rs 14,000-crore fund raise plan
Updated On : 14 Jun 2023 | 10:19 AM IST

CDSL tumbles 6% after over 5% equities change hands on NSE via block deals

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

CDSL tumbles 6% after over 5% equities change hands on NSE via block deals
Updated On : 14 Jun 2023 | 10:16 AM IST

KEC International surges 6% to hit 52-week high on Rs 1,373-crore order win

The company is witnessing a good traction in the tower supply orders, especially in North America, the management said.

KEC International surges 6% to hit 52-week high on Rs 1,373-crore order win
Updated On : 14 Jun 2023 | 9:58 AM IST

RIL, ITC lift Sensex 418 pts, Nifty regains 18,700; MRF tops Rs 1-L mark

CLOSING BELL ON JUNE 13, 2023: In the broader market, the BSE MidCap index soared 1.2 per cent, while the Smallcap added 0.8 per cent on Tuesday.

RIL, ITC lift Sensex 418 pts, Nifty regains 18,700; MRF tops Rs 1-L mark
Updated On : 13 Jun 2023 | 3:56 PM IST

DLF hits highest level since September 2008; zooms 40% thus far in FY24

The Group's strong operating performance in FY2023, which is expected to sustain in FY2024, is supported by continued end-user demand and good affordability

DLF hits highest level since September 2008; zooms 40% thus far in FY24
Updated On : 13 Jun 2023 | 2:48 PM IST

IndiGo falls 5% in 2 days even as Co clarifies on Gangwal stake sale buzz

In an exchange filing, IndiGo said that the Company has not received any such information

IndiGo falls 5% in 2 days even as Co clarifies on Gangwal stake sale buzz
Updated On : 13 Jun 2023 | 2:41 PM IST

Ahluwalia Contracts soars 10% on winning work order worth Rs 427 crore

The order inflow during the current FY 2023-24 stands at Rs 4,177.83 crore till date, the company said.

Ahluwalia Contracts soars 10% on winning work order worth Rs 427 crore
Updated On : 13 Jun 2023 | 12:51 PM IST

Trent rallies 5%, hits all-time high on healthy growth outlook

Thus far in the current calendar year 2023, the stock price of Trent has rallied 25 per cent, while in past one year it surged 53 per cent.

Trent rallies 5%, hits all-time high on healthy growth outlook
Updated On : 13 Jun 2023 | 11:47 AM IST

Inox Wind Energy soars 19% on board's nod for merger with Inox Wind

The board approved swap ratio for the merger - around 158 equity shares of Inox Wind will be issued for every 10 equity shares of Inox Wind Energy

Inox Wind Energy soars 19% on board's nod for merger with Inox Wind
Updated On : 13 Jun 2023 | 11:08 AM IST

ZEE slips 6% as Sebi bars Punit Goenka, Chandra from holding key positions

The matter pertains to a Letter of Comfort (LoC) granted by Chandra in September 2018 towards credit facilities taken by certain group companies from YES Bank. The credit amounted to Rs 200 crore

ZEE slips 6% as Sebi bars Punit Goenka, Chandra from holding key positions
Updated On : 13 Jun 2023 | 9:46 AM IST

IT stocks shine in lacklustre trade; Sensex ends 99 pts higher

CLOSING BELL ON JUNE 12, 2023: The Nifty reclaimed the 17,600 level; In the broader market, BSE Midcap index advanced 0.5 per cent, and Smallcap added 0.7 per cent on Monday.

IT stocks shine in lacklustre trade; Sensex ends 99 pts higher
Updated On : 12 Jun 2023 | 4:13 PM IST

Rakesh, Shobha Gangwal may pare up to 8% stake in IndiGo; shares dip 2%

According to reports, Rakesh and his wife Shobha Gangwal may sell 5-8 per cent stake in the airline next month for up to Rs 7,000 crore

Rakesh, Shobha Gangwal may pare up to 8% stake in IndiGo; shares dip 2%
Updated On : 12 Jun 2023 | 3:21 PM IST

Tata Motors DVR jumps nearly 3%; crosses Rs 300 mark after over 6 years

With debt on a substantial downward trajectory and consequently interest outgo, it outlined its intention to commensurately increase dividends, going forward positive for DVR shareholders

Tata Motors DVR jumps nearly 3%; crosses Rs 300 mark after over 6 years
Updated On : 12 Jun 2023 | 3:07 PM IST

Gokaldas Exports rises 9% to hit 52-week high on hopes of better outlook

The management highlighted that most US customers could start buying from Q3FY24 for the next season and overall demand should improve from Q4FY24.

Gokaldas Exports rises 9% to hit 52-week high on hopes of better outlook
Updated On : 12 Jun 2023 | 1:40 PM IST

Maha Seamless hits new high, up 5% as firm prepays loan to turn debt free

The company made voluntary prepayment of outstanding long term loan of Rs 234 crore on June 09, 2023. The stock has zoomed 53 per cent so far this year.

Maha Seamless hits new high, up 5% as firm prepays loan to turn debt free
Updated On : 12 Jun 2023 | 11:41 AM IST

SRF hits over 2-month low; slips 10% in three days on heavy volumes

In FY24, SRF's primary focus will be on profitability enhancement and further rationalisation of operating cost and working capital in the packaging film biz, its FY23 annual report said

SRF hits over 2-month low; slips 10% in three days on heavy volumes
Updated On : 12 Jun 2023 | 10:54 AM IST

PTC Industries hits 52-week high, hits 20% upper circuit on healthy outlook

PTC is one of the world's leading suppliers of high-precision metal components for critical and super-critical operations across a wide range of segments including Aerospace, Defence, and Industrial

PTC Industries hits 52-week high, hits 20% upper circuit on healthy outlook
Updated On : 12 Jun 2023 | 10:11 AM IST