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: Among sectors, the Nifty Pharma index leaped over 2 per cent today as India saw over 7,000 fresh cases of Covid-19
Titagarh Wagons hit a new high of Rs 310, surging 8% today, after its consortium with BHEL bagged an order worth Rs 9,600 crore to supply 80 sleeper class Vande Bharat trains
The average trading volumes on the counter jumped nearly 10-fold, as around 14.35 million equity shares, which represented 3 per cent of total equity of NFL changed hands on the NSE and BSE so far
Analysts at Emkay Global Financial Services believe Bajaj Auto's Ebitda margin may expand 196 bps YoY in Q4FY23 due to price hikes, better mix and rupee depreciation
Sugar prices in India have also climbed more than 6 per cent in the past two weeks
On April 11, 2023, Ashish Rameshchandra Kacholia bought 4 lakh equity shares, which represented 1.98 per cent stake of Venus Pipes at Rs 750 per share via block deal
Analysts believe that the wine producer is well placed to leverage global consumer shift towards low-alcohol beverage segment - beer and wine
CLOSING BELL: The Nifty50 added 98 points to end at 17,722 level
Since February 1, the stock of the integrated power utilities company has rallied 26 per cent, as compared to 1 per cent rise in the S&P BSE Sensex
So far in the calendar year 2023, VSSL surged nearly 40 per cent after the company reported strong operational performance in Q3FY23, due to higher sales of value added products and cost optimisation
The consistent good growth in the cigarette business, strong tailwinds in the hotel business and scale-up in non-cigarette FMCG business makes its earning visibility better compared with peers.
The strong order backlog at Rs 1,014 crore as of January 2023, and healthy order pipeline provides strong revenue visibility
In Q4, the operational performance was expected to remain positive across lenders with PSU banks seen delivering continued strong earning trajectory.
This acquisition will help Neogen to strengthen its position in the electrolyte market in India.
CLOSING BELL: Bajaj Finance, Asian Paints, IndusInd Bank, ICICI Bank, Nestle India, HUL, Reliance Industries, HDFC Bank, Axis Bank, and SBI were the top laggards on the Sensex index
The company said it continues to remain optimistic on the long-term growth of the industry, driven by rising prosperity, youthful population and evolving consumer trends driving premiumization.
This move would provide further boost to the affordable and mid-income housing segments, analysts said
On Monday, L&T announced that the hydrocarbon business of the company secured a significant order under its AdVENT (Advanced Value Engineering and Technology) business vertical
The Government of India has accepted several key recommendations made by the Kirit Parikh Committee with respect to the pricing of natural gas produced from the APM fields.
The management said sales growth for the year was on the back of both an improving project mix as well as strong volume growth of 40 per cent.