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.
At 10:22 am; the stock locked in upper circuit of Rs 164.85, after hitting a low of Rs 149.15 in intra-day trade on the BSE, against issue price of Rs 137 per share.
The management expects an increased inflow of funds and consistent growth in AUM in the coming quarters.
CLOSING BELL: HDFC, HDFC Bank, Maruti Suzuki, Dr Reddy's Labs, Tata Motors, PowerGrid, Asian Paints, Bajaj Finserv, Kotak Bank, Titan, Cipla, and Eicher Motors were the top laggards on the Nifty index
Gujarat Ambuja Exports hit a new high of Rs 329.55, on rallying 10% on the BSE in Wednesday's intra-day trade, and has surged 29% in the past four trading days.
The stock was locked in the upper circuit at Rs 224.70, up 46% against its issue price of Rs 153 per share on the BSE
In the past six months, the stock has been more-than-doubled or zoomed 110 per cent, as compared to 3.3 per cent decline in the S&P BSE Sensex.
Mrs Bectors Food has underperformed market in the past 3-6 months after reporting weak set of numbers. In comparison, the benchmark index was down by less than 4 per cent during the same period.
CLOSING BELL: Axis Bank, Kotak Bank, Maruti Suzuki, Power Grid, SBI Life, and ICICI Bank were the top winners on the benchmark indices, rising upwards of 0.5 per cent each
In the past one month, Bandhan Bank has outperformed the market by surging 28 per cent as compared to 5.6 per cent rise in the S&P BSE Sensex
As reported by Business Standard, the political and economic uncertainties in Sri Lanka and the congestion at the Colombo port are forcing more ships to turn towards Indian ports in recent months.
The demand outlook continues to be strong as clients continue to spend on cloud transformation programs.
In the past one year, the market price of Lloyds Metals has zoomed 1,301 per cent - from level of Rs 13 to Rs 183.3 now - on improved operational performance
Ratings agency CRISIL believes organic business profitability of LT Foods should lead to higher consolidated EBITDA in the fourth quarter of 2022.
Rating agency CRISIL Ratings has revised the company's outlook on the long-term bank facilities
Adani Green Energy entered the list of top-10 most valued companies, in terms of m-cap, in the country on Monday after the stock price of the company zoomed 20 per cent to hit a new high
CLOSING BELL: More than 20 of the 30 Sensex stocks and 30 of the 50 Nifty counters ended in the negative zone. These included HCL Tech, Infosys, L&T, Wipro, Asian Paints, HDFC, and HDFC Bank
Analysts expect ITC to report a relatively stronger quarter, with the improvement in cigarettes and other divisions and lesser margin pressure compared to FMCG peers.
Atmanirbhar Bharat Abhiyan of the Government is aimed at limiting import dependence and increasing demand for indigenous products, providing better growth opportunities for the company.
In the past three months, the stock of Sandur Manganese has zoomed 86 per cent as compared to 3 per cent decline in the S&P BSE Sensex. In the past one year, the counter has rallied 256 per cent
International Holding Company (IHC) has agreed to invest $2 billion in Adani Enterprises, Adani Transmission, and Adani Green Energy through preferential issue