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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 485 - Si Reporter

Sensex, Nifty end flat; Adani shares rally for 3rd day, SpiceJet sinks 14%

CLOSING BELL: Adani Enterprises led from the front with a near 13-per cent rally, followed by Divis Labs, Bajaj Finserv, BPCL, SBI Life, TC, Asian Paints, Tata Motors, and IndusInd Bank (1 per cent)

Sensex, Nifty end flat; Adani shares rally for 3rd day, SpiceJet sinks 14%
Updated On : 23 May 2023 | 4:19 PM IST

Divi's Lab surges 10% in two days on strong revenue growth guidance

The stock was quoting at its highest level since February 1, 2023 and has recovered 25 per cent from its 52-week low of Rs 2,730, touched on March 14, 2023

Divi's Lab surges 10% in two days on strong revenue growth guidance
Updated On : 23 May 2023 | 12:26 PM IST

eMudhra hits new high, zooms 57% in one month post Q4 results

The company said strong growth led by Enterprise Solutions; change in model for Trust Services resulting in diversification and better quality of revenue for trust services.

eMudhra hits new high, zooms 57% in one month post Q4 results
Updated On : 23 May 2023 | 10:44 AM IST

Adani Group shares extend rally; Adani Enterprises zooms 42% in 3 days

Adani Wilmar was locked in the 10% upper circuit, while, Adani Transmission, Adani Green Energy, Adani Total Gas, and NDTV were locked in 5% upper circuit for the second straight day

Adani Group shares extend rally; Adani Enterprises zooms 42% in 3 days
Updated On : 23 May 2023 | 9:57 AM IST

IT stocks spark 234-pt rally in Sensex; Nifty tops 18,300; Adani Ent up 20%

CLOSING BELL: Among sectors, the Nifty Metal climbed over 3 per cent, followed by the Nifty IT index (up 2.5 per cent)

IT stocks spark 234-pt rally in Sensex; Nifty tops 18,300; Adani Ent up 20%
Updated On : 22 May 2023 | 4:20 PM IST

Jet Airways, SpiceJet hit 52-week lows, slip up to 10% in firm market

Shares of Jet Airways declined 5 per cent as uncertainty continued over the revival of the grounded air line company

Jet Airways, SpiceJet hit 52-week lows, slip up to 10% in firm market
Updated On : 22 May 2023 | 2:43 PM IST

Narayana Hrudayalaya rallies 11% to hit a record high on strong Q4 results

The company reported the highest-ever revenue and profitability in Q4FY23, as well as for FY23, which is attributed to increased patient footfalls along with improvements in speciality and payor mix

Narayana Hrudayalaya rallies 11% to hit a record high on strong Q4 results
Updated On : 22 May 2023 | 12:53 PM IST

Stock of this pharma company has plunged 80% from its record high level

Shares of Gland Pharma tumbled 19 per cent to hit a new low of Rs 872.10 in Monday's intra-day trade, in an otherwise firm market

Stock of this pharma company has plunged 80% from its record high level
Updated On : 22 May 2023 | 12:01 PM IST

Shreyas Shipping zooms 20% as board to mull delisting plan on May 24

The company said delisting proposal will provide the public shareholders an opportunity to realise immediate and certain value for their equity shares.

Shreyas Shipping zooms 20% as board to mull delisting plan on May 24
Updated On : 22 May 2023 | 11:07 AM IST

Siemens dips 10% after board okays sale of low voltage-geared motors biz

In a step to address the fast-growing demand for electric vehicle (EV) charging infrastructure in India, the company signed an agreement to acquire the EV division of Mumbai-based Mass-Tech Controls.

Siemens dips 10% after board okays sale of low voltage-geared motors biz
Updated On : 22 May 2023 | 10:40 AM IST

TCS up 1% as consortium bags Rs 15,000-cr order from BSNL for 4G deployment

Tejas Networks Ltd, too, is a part of the TCS-led consortium which has bagged APO for 4G deployment

TCS up 1% as consortium bags Rs 15,000-cr order from BSNL for 4G deployment
Updated On : 22 May 2023 | 10:21 AM IST

Balaji Amines tanks 19%, hits 52-week low on weak Q4 results

Hemanth Reddy Gaddam has also resigned as whole-time director & CFO of the company with effect from closing hours on May 2023 to focus on its subsidiary Balaji Speciality Chemicals

Balaji Amines tanks 19%, hits 52-week low on weak Q4 results
Updated On : 22 May 2023 | 10:22 AM IST

5 Adani Group stks freeze at 5% upper limit; AWL, Adani Ent surge up to 8%

Shares of Adani Group companies were in demand for the second straight trading day after the SC-appointed panel said that it not possible to conclude that there was a regulatory failure at this stage.

5 Adani Group stks freeze at 5% upper limit; AWL, Adani Ent surge up to 8%
Updated On : 22 May 2023 | 9:57 AM IST

Sensex ends 298 pts up, Nifty reclaims 18,200 led by Adani, auto, IT stocks

CLOSING BELL ON MAY 19, 2023: Shares of Adani Group rallied smartly after the SC reported said it could not pinpoint regulatory failure in the Adani-Hindenburg case.

Sensex ends 298 pts up, Nifty reclaims 18,200 led by Adani, auto, IT stocks
Updated On : 19 May 2023 | 3:56 PM IST

Repro zooms 48% in 1 week after Madhuri Kela acquires 3.6% stake in company

Post the acquisition, their total holding in the company has increased to 6.89 per cent from 3.30 per cent

Repro zooms 48% in 1 week after Madhuri Kela acquires 3.6% stake in company
Updated On : 19 May 2023 | 3:18 PM IST

Ramco Cements rallies 8%; hits 52-week high on healthy Q4 volume growth

While long term prospects of profitability look promising, the short term outlook is expected to improve from Q2FY24, Ramco Cements said.

Ramco Cements rallies 8%; hits 52-week high on healthy Q4 volume growth
Updated On : 19 May 2023 | 12:23 PM IST

Datamatics Global Services zooms 71% in one month on robust Q4 results

The management said it expects to see a sustained growth momentum for FY23- FY24, given a decent pipeline of opportunities.

Datamatics Global Services zooms 71% in one month on robust Q4 results
Updated On : 19 May 2023 | 11:49 AM IST

Adani Total Gas hits over 2-year low; stock slips 26% in six trading days

Last week, global index provider MSCI dropped Adani Total Gas and Adani Transmission from its India index

Adani Total Gas hits over 2-year low; stock slips 26% in six trading days
Updated On : 19 May 2023 | 11:02 AM IST

Thermax declines 7% as investors book profit post March quarter earnings

The company said that the order book for the year stood at a consolidated level stood of Rs 8,788 crore, as compared to Rs 9,410 crore in FY22, down 7 per cent

Thermax declines 7% as investors book profit post March quarter earnings
Updated On : 18 May 2023 | 2:59 PM IST

Tilaknagar Industries surges 14%, hits 52-week high on healthy Q4 results

Despite a reduction in gross margins, the company was able to maintain its EBITDA margin through multiple cost optimization efforts and improved productivity

Tilaknagar Industries surges 14%, hits 52-week high on healthy Q4 results
Updated On : 18 May 2023 | 1:55 PM IST