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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 521 - Si Reporter

Sensex ends 147pts lower at 59,958; Nifty50 below 17,900; RIL declines 2%

CLOSING BELL: Broader markets, too, were subdued in trade as Nifty SmallCap 100 and Nifty MidCap 100 indices slipped up to 0.2 per cent

Sensex ends 147pts lower at 59,958; Nifty50 below 17,900; RIL declines 2%
Updated On : 12 Jan 2023 | 3:48 PM IST

CARE Ratings surges 7%, hits 52-week high in subdued market

In past one month, the stock has outperformed the market by surging 20 per cent, as compared to 3 per cent decline in the Sensex.

CARE Ratings surges 7%, hits 52-week high in subdued market
Updated On : 12 Jan 2023 | 10:23 AM IST

Sensex, Nifty end choppy session flat; Airtel sinks 3%, HUL 2%, OMCs gain

Closing Bell: Sun Pharma claimed the top winner spot on the Sensex with a gain of 1.7 per cent on launching an anti-cancer drug Palbociclib in India for patients with advanced breast cancer

Sensex, Nifty end choppy session flat; Airtel sinks 3%, HUL 2%, OMCs gain
Updated On : 11 Jan 2023 | 3:47 PM IST

Shriram AMC zooms 73% in 3 days post appointment of Kartik Jain as MD & CEO

The company said Jain's appointment as MD and CEO will re-orient the brand's customer strategy and enhance operational efficiency

Shriram AMC zooms 73% in 3 days post appointment of Kartik Jain as MD & CEO
Updated On : 11 Jan 2023 | 2:33 PM IST

Stock of this auto ancillary company has zoomed 38% in 3 days

In the past eight months, it has more-than-doubled or zoomed 203 per cent from Rs 116.05, which it had touched on May 12, 2022

Stock of this auto ancillary company has zoomed 38% in 3 days
Updated On : 11 Jan 2023 | 1:54 PM IST

OMCs trade firm in a range-bound market; IOC, HPCL, BPCL surge up to 5%

After two tight quarters of profit-margin shrinkage due to global volatility, Indian OMCs are expected to see reduction in operational losses in the October-December quarter (Q3FY23).

OMCs trade firm in a range-bound market; IOC, HPCL, BPCL surge up to 5%
Updated On : 11 Jan 2023 | 12:31 PM IST

Bharti Airtel slips 4% after JP Morgan downgrades stock to 'Underweight'

Higher-than-expected capex, delayed price repair and a lack of 5G monetization should halt the industry wide ROIC repair that the brokerage firm now expects to decline/flat-line over FY23-25.

Bharti Airtel slips 4% after JP Morgan downgrades stock to 'Underweight'
Updated On : 11 Jan 2023 | 11:19 AM IST

Jindal Steel & Power up 2%, hits over 10-month high in a choppy market

Monnet Power Assets, once operational, will provide an opportunity for the company to improve the heat rate, resulting in lower usage of coal in the power plant, said ICICI Securities in its report.

Jindal Steel & Power up 2%, hits over 10-month high in a choppy market
Updated On : 11 Jan 2023 | 10:05 AM IST

Sensex slides 632pts to 60,115, Nifty below 18K; Airtel, SBI slip up to 2%

CLOSING BELL: Broader markets, too, bled simultaneously in trade as Nifty MidCap 100 and Nifty SmallCap 100 indices fell up to 0.5 per cent

Sensex slides 632pts to 60,115, Nifty below 18K; Airtel, SBI slip up to 2%
Updated On : 10 Jan 2023 | 4:15 PM IST

Adani Group shares under pressure; Adani Ent falls 5%, Adani Ports down 3%

Some of the biggest Adani group backers from the Gulf are likely to be among the largest buyers of the Adani Enterprises' FPO, which is expected to be launched later this month.

Adani Group shares under pressure; Adani Ent falls 5%, Adani Ports down 3%
Updated On : 10 Jan 2023 | 1:37 PM IST

Sona Comstar to acquire 54% stake in Serbian firm NOVELIC; stock jumps 9%

Sona Comstar will acquire this 54 per cent equity stake in NOVELIC for euro 40.5 million through a combination of primary and secondary purchases

Sona Comstar to acquire 54% stake in Serbian firm NOVELIC; stock jumps 9%
Updated On : 10 Jan 2023 | 1:00 PM IST

Schneider Electric soars 14%, hits over 7-year high on positive outlook

In past 12 trading sessions, the stock has zoomed 44 per cent and now quotes at its highest level since August 2015.

Schneider Electric soars 14%, hits over 7-year high on positive outlook
Updated On : 10 Jan 2023 | 12:12 PM IST

CG Power hits record high; stock surges 10% in two days on heavy volumes

In H1FY23, Ebitda margins improved 200 bps to 14.2% on account of improved sales realisation, favourable product mix, moderation in input costs, procurement efficiencies and better operating leverage.

CG Power hits record high; stock surges 10% in two days on heavy volumes
Updated On : 10 Jan 2023 | 10:55 AM IST

TCS dips 2% as Q3 profit misses estimates; board okays Rs 75/sh dividend

Moderation of attrition is a positive and indicates easing of supply side challenges, which is likely to support margins, going ahead, ICICI Securities said in its note.

TCS dips 2% as Q3 profit misses estimates; board okays Rs 75/sh dividend
Updated On : 10 Jan 2023 | 9:48 AM IST

Upbeat global mood, IT stocks lift Sensex 847 pts up, Nifty ends at 18,101

CLOSING BELL: Broader markets also gained in tandem with the frontline indices. The BSE Midcap and Smallcap indices closed 0.9 per cent and 0.5 per cent up, respectively

Upbeat global mood, IT stocks lift Sensex 847 pts up, Nifty ends at 18,101
Updated On : 09 Jan 2023 | 3:38 PM IST

Textile stocks in focus; Nitin Spinners, Filatex, Lambodhara zoom up to 16%

Lambodhara Textiles hit a 52-week high of Rs 164, surging 16% in the intra-day trade toda. The stock has rallied 30% in the past two trading days

Textile stocks in focus; Nitin Spinners, Filatex, Lambodhara zoom up to 16%
Updated On : 09 Jan 2023 | 2:29 PM IST

Godfrey Phillips India hits record high; stock zooms 100% in 6 months

In October 2022, Godfrey Phillips divested from the chewing business by sale/ assignment of associated trademarks and certain non-current assets to focus more on cigarette business

Godfrey Phillips India hits record high; stock zooms 100% in 6 months
Updated On : 09 Jan 2023 | 12:41 PM IST

Vodafone Idea hits lowest level since September 2021, down 6% in firm mkt

According to a media report, the DoT is looking at the financials and the operations of Vodafone Idea to ascertain its health

Vodafone Idea hits lowest level since September 2021, down 6% in firm mkt
Updated On : 09 Jan 2023 | 12:06 PM IST

Infrastructure stocks in focus; PNC, HG Infra, Ashoka Buildcon soar upto 7%

HG Infra and PNC Infratech hit respective 52-week highs in trades so far on Monday

Infrastructure stocks in focus; PNC, HG Infra, Ashoka Buildcon soar upto 7%
Updated On : 09 Jan 2023 | 11:23 AM IST

Kalyan Jewellers surges 6%; reports up to 13% revenue growth in Q3

The company said December quarter witnessed positive momentum in footfalls and revenue across all the markets majorly driven by strong festive demand.

Kalyan Jewellers surges 6%; reports up to 13% revenue growth in Q3
Updated On : 09 Jan 2023 | 9:52 AM IST