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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 502 - Si Reporter

Sensex leaps 446 pts, Nifty tops 17,100 as RIL, Bajaj Fin gain 3%; IT slips

CLOSING BELL: The market breadth was firmly in the favour of buyers as the broader markets, too, rose in tandem with the benchmark indices

Sensex leaps 446 pts, Nifty tops 17,100 as RIL, Bajaj Fin gain 3%; IT slips
Updated On : 21 Mar 2023 | 4:16 PM IST

This private sector lender saw sharpest intra-day surge in 10 months

The sustenance of gold business as a proportion of book coupled with gradual improvement in non-gold segment to bring diversification and steady RoA are key triggers for future price performance.

This private sector lender saw sharpest intra-day surge in 10 months
Updated On : 21 Mar 2023 | 3:01 PM IST

Zee Entertainment zooms 14% in 4 days on hopes of settlement with lenders

Zee had said that the company had been exploring several strategies, including settlement, in relation to the ongoing dispute with IndusInd Bank

Zee Entertainment zooms 14% in 4 days on hopes of settlement with lenders
Updated On : 21 Mar 2023 | 2:35 PM IST

Manappuram Finance extends gain; stock rallies 14% thus far in March

In the past one week, the stock has rallied 6 per cent, as compared to 0.11 per cent decline in the S&P BSE Sensex

Manappuram Finance extends gain; stock rallies 14% thus far in March
Updated On : 21 Mar 2023 | 1:06 PM IST

HDFC AMC gains 5% after SBI MF bought over 2% stake via open market

GQG Partners Emerging Markets Equity Fund sold 2.48 million shares in HDFC AMC worth Rs 396.83 crore.

HDFC AMC gains 5% after SBI MF bought over 2% stake via open market
Updated On : 21 Mar 2023 | 11:46 AM IST

Sterling & Wilson jumps 9% as it emerges bidder for Rs 2,100 cr project

The balance of system (BOS) package comprising of four blocks of 300 MW each in the proposed 1200MW Solar PV Project of NTPC Renewable Energy at Khavda RE Power Park, Rann of Kutch.

Sterling & Wilson jumps 9% as it emerges bidder for Rs 2,100 cr project
Updated On : 21 Mar 2023 | 10:50 AM IST

Hariom Pipe hits new high, up 4% on shareholders nod for preferential issue

In past three months, the stock has zoomed nearly 50 per cent, as compared to 5 per cent decline in the S&P BSE Sensex.

Hariom Pipe hits new high, up 4% on shareholders nod for preferential issue
Updated On : 21 Mar 2023 | 10:25 AM IST

UTI AMC surges 8% after PPFAS MF buys 1.1 million shares via block deal

PPFAS Mutual Fund purchased 1.12 million equity shares representing 0.88 per cent stake in UTI AMC for Rs 71.40 crore.

UTI AMC surges 8% after PPFAS MF buys 1.1 million shares via block deal
Updated On : 21 Mar 2023 | 9:48 AM IST

Sensex gyrates 744 pts, ends 361 pts down; Nifty below 17K; HUL, ITC shine

CLOSING BELL: For better part of the day, equity markets roiled in global rout as fears of a contagion banking sector failure soured sentiment

Sensex gyrates 744 pts, ends 361 pts down; Nifty below 17K; HUL, ITC shine
Updated On : 20 Mar 2023 | 4:30 PM IST

Shipping Corporation fixes March 31 as record date for demerger; stk up 4%

The Government of India is in the process of strategic disinvestment of its equity stake in SCI together with transfer of management control

Shipping Corporation fixes March 31 as record date for demerger; stk up 4%
Updated On : 20 Mar 2023 | 3:18 PM IST

Adani Green trades firm in weak market; stock zooms 94% in 13 days

On March 2, 2023, GQG Partners, a leading US based Global Equity investment boutique, purchased 55.6 million equity shares of AGEL for Rs 2,806 crore at price of Rs 504.60 per share.

Adani Green trades firm in weak market; stock zooms 94% in 13 days
Updated On : 20 Mar 2023 | 2:58 PM IST

Reliance, Wipro, Jubilant FoodWorks, Crompton Greaves hit 52-week lows

Max Financial, Mphasis, Emami, HDFC AMC, Pfizer, Network18, Godrej Agrovet, Laurus Labs and Motilal Oswal Financial were among 34 stocks from the S&P BSE 500 index hit their respective 52-week lows.

Reliance, Wipro, Jubilant FoodWorks, Crompton Greaves hit 52-week lows
Updated On : 20 Mar 2023 | 12:44 PM IST

Sunflag Iron up 15% in two days on acquiring 11.89% stake in Lloyds Metals

LMEL on March 16, converted and allotted the 0% 60 million OFCD's in to 60 million equity shares, representing 11.89% in the total voting equity share capital of LMEL to Sunflag Iron.

Sunflag Iron up 15% in two days on acquiring 11.89% stake in Lloyds Metals
Updated On : 20 Mar 2023 | 10:14 AM IST

Cochin Shipyard gains 7% in weak market on winning Rs 550 cr overseas order

The company has received an order of Rs 550 crore from Norway-based global logistics solution provider Samskip Group.

Cochin Shipyard gains 7% in weak market on winning Rs 550 cr overseas order
Updated On : 20 Mar 2023 | 9:39 AM IST

Banks, IT lift Sensex 355 pts higher, Nifty atop 17,100; auto, pharma dip

CLOSING BELL: IT major TCS ended marginally in red amid high volatility a day after Gopinathan's resignation. In the broader markets, realty stocks also ended with solid gains.

Banks, IT lift Sensex 355 pts higher, Nifty atop 17,100; auto, pharma dip
Updated On : 17 Mar 2023 | 4:12 PM IST

Nifty Realty index gains 3%; DLF, Prestige Estates, Lodha surge up to 5%

In past 2 days, DLF surged 9 per cent after the company said it has sold 1,137 luxury apartments, priced Rs 7 crore and above, in its housing project in Gurugram for over Rs 8,000 crore within 3 days.

Nifty Realty index gains 3%; DLF, Prestige Estates, Lodha surge up to 5%
Updated On : 17 Mar 2023 | 3:20 PM IST

NCC rallies 19% thus far in March on Rs 2,374-crore order win in February

Going forward, the management expects the gained momentum in the order inflows to continue with its strong emphasis on affordable housing, Jal Jeevan mission, roads and expressways, metro and railways

NCC rallies 19% thus far in March on Rs 2,374-crore order win in February
Updated On : 17 Mar 2023 | 2:02 PM IST

Stock of this IT company has zoomed over 1,200% in 3 years

On Wednesday, KPIT Technologies announced its partnership with Honda to realize the journey of Honda's Software-Defined Mobility (SDM)

Stock of this IT company has zoomed over 1,200% in 3 years
Updated On : 17 Mar 2023 | 12:43 PM IST

Eris down 4% in 2 days post acquisition of 9 derma brands from Dr Reddy's

Eris Life said that the transaction would help augment and expand cosmetic dermatology business of the company through their product offerings

Eris down 4% in 2 days post acquisition of 9 derma brands from Dr Reddy's
Updated On : 17 Mar 2023 | 10:47 AM IST

Sterling Tools hits 5-year high, surges 10% on strong business outlook

EV penetration in 2W and 3W is expected to increase at a fast rate over the next few years which augurs well for the company's growth.

Sterling Tools hits 5-year high, surges 10% on strong business outlook
Updated On : 17 Mar 2023 | 10:38 AM IST