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 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.
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
The company is witnessing a good traction in the tower supply orders, especially in North America, the management said.
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.
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
In an exchange filing, IndiGo said that the Company has not received any such information
The order inflow during the current FY 2023-24 stands at Rs 4,177.83 crore till date, the company said.
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.
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
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
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.
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
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
The management highlighted that most US customers could start buying from Q3FY24 for the next season and overall demand should improve from Q4FY24.
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.
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
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