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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 528 - Si Reporter

Sensex snaps 8-day winning run, ends 415 pts lower; IT, Auto stocks weigh

CLOSING BELL: The NSE Nifty shut shop at 18,696, down 117 points. Broader indices - BSE Midcap and Smallcap bucked the trend, and were up 0.8 per cent and 0.7 per cent, respectively, on Friday.

Sensex snaps 8-day winning run, ends 415 pts lower; IT, Auto stocks weigh
Updated On : 02 Dec 2022 | 3:49 PM IST

Tata Steel hits over 3-month high in a weak market; stock up 6% in 4 days

The removal of export duty is a significant relief and a long term positive for the domestic steel sector, according to analyst at ICICI Securities.

Tata Steel hits over 3-month high in a weak market; stock up 6% in 4 days
Updated On : 02 Dec 2022 | 12:21 PM IST

Skipper locked at 20% upper limit on heavy volumes; zooms 53% in two weeks

The stock now quotes at the highest level since September 2018, and saw trades of around 2 per cent of the equity size on Friday.

Skipper locked at 20% upper limit on heavy volumes; zooms 53% in two weeks
Updated On : 02 Dec 2022 | 10:59 AM IST

ONGC, Oil India jump up to 3% on sharp cut in windfall tax

The tax on crude oil produced by firms such as state-owned ONGC was reduced to Rs 4,900 per tonne from Rs 10,200 per tonne w.e.f December 02, 2022.

ONGC, Oil India jump up to 3% on sharp cut in windfall tax
Updated On : 02 Dec 2022 | 10:19 AM IST

Benchmarks extend record breaking run; Nifty tops 18,800; IT, metals shine

CLOSING BELL: Global cues triggered by Powell's positive remarks boosted sentiment. The Sensex scaled a new high at 63,583, while the Nifty 50 came within striking distance of 18,900 on Thursday.

Benchmarks extend record breaking run; Nifty tops 18,800; IT, metals shine
Updated On : 01 Dec 2022 | 3:58 PM IST

This beverages company's stock has zoomed 54% in 6 days; hits 5-year high

Shares of Orient Beverages were locked in the 5-per cent upper circuit for a sixth straight trading day, hitting a five-year high of Rs 179.05 on the BSE on Thursday

This beverages company's stock has zoomed 54% in 6 days; hits 5-year high
Updated On : 01 Dec 2022 | 3:29 PM IST

Zomato extends gain, up 5% in 2 days after Alibaba sold 263 million shares

Camas Investments bought 98 million shares worth Rs 608 crore of Zomato via block deal on the NSE on Wednesday

Zomato extends gain, up 5% in 2 days after Alibaba sold 263 million shares
Updated On : 01 Dec 2022 | 2:39 PM IST

BLS Int'l at new high on fixing record date for 1:1 bonus; up 12% in 2 days

In the past six months, the stock price of BLS International has more-than-doubled, zooming 110 per cent, as compared to a 14 per cent rise in the S&P BSE Sensex

BLS Int'l at new high on fixing record date for 1:1 bonus; up 12% in 2 days
Updated On : 01 Dec 2022 | 11:59 AM IST

Cement shares in focus; JK Lakshmi, Dalmia, JK Cement up over 12% in 1 mth

Analysts expect cement stocks to witness catch up activity after months of underperformance as many negatives seem to be priced-in

Cement shares in focus; JK Lakshmi, Dalmia, JK Cement up over 12% in 1 mth
Updated On : 01 Dec 2022 | 11:15 AM IST

Likhitha Infra soars 22% in two days as Ashish Kacholia buys 2% stake

The company has fixed Friday, December 02, as the record date for ascertaining the eligibility of shareholders entitled for split/subdivision of shares

Likhitha Infra soars 22% in two days as Ashish Kacholia buys 2% stake
Updated On : 01 Dec 2022 | 10:32 AM IST

Nifty IT index surges 2%; Infy, TCS, Tech Mahindra, Coforge gain up to 3%

The US market ended higher overnight, led by gains in technology stocks, after US Federal Reserve chairman indicated that the central bank may slow pace of rate hikes. Nasdaq Composite jumped 4.4%

Nifty IT index surges 2%; Infy, TCS, Tech Mahindra, Coforge gain up to 3%
Updated On : 01 Dec 2022 | 9:54 AM IST

Sensex hits 63K, gains 418pts; Nifty ends at record high of 18,750

CLOSING BELL: The S&P BSE Sensex scaled a new summit at 63,303, and settled above 63,000-mark for the first-time ever. The Nifty 50 hit a new all-time high at 18,816 on Wednesday.

Sensex hits 63K, gains 418pts; Nifty ends at record high of 18,750
Updated On : 30 Nov 2022 | 4:39 PM IST

Hotel shares in demand; TajGVK, Lemon Tree, Oriental Hotel rally up to 9%

Occupancy rate is expected to improve further from the pre-pandemic levels, on the back of strong demand drivers including resumption in foreign inbound travel, says analyst at Motilal Oswal.

Hotel shares in demand; TajGVK, Lemon Tree, Oriental Hotel rally up to 9%
Updated On : 30 Nov 2022 | 1:14 PM IST

This newly listed SME stock has zoomed 107% against its issue price

With today's rally, the stock price of Technopack Polymers has more-than-doubled or zoomed 107 per cent against its issue price of Rs 55 per share

This newly listed SME stock has zoomed 107% against its issue price
Updated On : 30 Nov 2022 | 12:05 PM IST

Gland Pharma enters into agreement to acquire Cenexi; stock slips 5%

The acquisition provides Gland Pharma access to leading know-how and development capabilities in sterile forms including for ophthalmic gel, needleless injectors and hormones, the company said

Gland Pharma enters into agreement to acquire Cenexi; stock slips 5%
Updated On : 30 Nov 2022 | 11:16 AM IST

JK Lakshmi Cement hits record high, stock soars 28% in November

The stock was trading higher for the third straight day and has gained 6 per cent during this period.

JK Lakshmi Cement hits record high, stock soars 28% in November
Updated On : 30 Nov 2022 | 10:39 AM IST

353 million shares of Zomato change hands on NSE; stock trades firm

According to media reports, Alibaba Group Holding Ltd plans to sell a stake of about 3 per cent in Indian food delivery firm Zomato worth $200 million through a block deal

353 million shares of Zomato change hands on NSE; stock trades firm
Updated On : 30 Nov 2022 | 10:11 AM IST

JK Tyre hits all-time high; share price more than doubles in 5 months

Till 02:35 pm, a combined 14.7 million equity shares representing 6 per cent of total equity of the company had changed hands on the NSE and BSE.

JK Tyre hits all-time high; share price more than doubles in 5 months
Updated On : 29 Nov 2022 | 3:07 PM IST

Cosmo First soars 17% in 2 days on company's share buyback plan

Despite the past two days' rally, the stock of Cosmo First has underperformed the market in the past six months by falling nearly 30 per cent

Cosmo First soars 17% in 2 days on company's share buyback plan
Updated On : 29 Nov 2022 | 1:29 PM IST

IDBI Bank hits 52-week high, rallies 15% in four days on heavy volumes

Finance ministry on Sunday has clarified that IDBI Bank will continue to operate as an 'Indian private sector bank' after its strategic sale.

IDBI Bank hits 52-week high, rallies 15% in four days on heavy volumes
Updated On : 29 Nov 2022 | 12:52 PM IST