 "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 605 - Si Reporter
BSE clarifies on Price Band rule; Sensex ends flat, SmallCap index down 1%
The BSE SmallCap index, which was down over 3 per cent at one point during the day, ended just 0.83 per cent lower.
 "BSE clarifies on Price Band rule; Sensex ends flat, SmallCap index down 1%")
KIMS Hospitals surges 10% on strong June quarter results
The company said growth during Q1 FY22 was on account of contribution from ECMO and Heart & Lung Transplant program, which has doubled compared to previous quarter
 "KIMS Hospitals surges 10% on strong June quarter results")
Hinduja Global hits record high on divestment of healthcare services biz
On Monday, August 9, the company entered into definitive agreements to divest its healthcare services business to funds affiliated with Baring Private Equity Asia (BPEA)
 "Hinduja Global hits record high on divestment of healthcare services biz")
Manappuram Finance extends decline, dips 11% post June quarter earnings
The gold loan book declined 13 per cent QoQ to Rs 16,500 crore and gold holdings 11 per cent QoQ to 58.1 tonnage
 "Manappuram Finance extends decline, dips 11% post June quarter earnings")
Sequent Scientific slips 16% on disappointing June quarter results
Ebitda margins contracted 460 basis points to 11.2 per cent in Q1FY22 from 15.8 per cent in Q4FY21
 "Sequent Scientific slips 16% on disappointing June quarter results")
Stocks to watch: Zomato, Voda Idea, Power Grid, RattanIndia Entp, GMR Infra
GMR Infrastructure board will consider a proposal for raising up to Rs 6,000 crore through various routes at its meeting on August 13
 "Stocks to watch: Zomato, Voda Idea, Power Grid, RattanIndia Entp, GMR Infra")
Profit-booking drags broader mkts; Metal, PSB indices fall 3%, IT stocks up
The BSE Sensex closed at 54,555 levels, up 152 points or 0.28 per cent. The Nifty50 index shut shop at 16,280 levels, up 22 points or 0.13 per cent
 "Profit-booking drags broader mkts; Metal, PSB indices fall 3%, IT stocks up")
Max Healthcare gains 8%, hits new high post June quarter results
HDFC Securities believes the company is entering a high-growth phase, owing to significant expansion it has planned at strategic locations
 "Max Healthcare gains 8%, hits new high post June quarter results")
Dynamatic Technologies zooms 20% as 4% equity changes hands via block deal
At 09:19 am, around 263,471 equity shares, representing 4.15 per cent stake of Dynamatic Technologies, changed hands via block deal on the BSE, the exchange data shows
 "Dynamatic Technologies zooms 20% as 4% equity changes hands via block deal")
Tech Mahindra extends gains post June quarter results; stock hits new high
In the past one month, Tech Mahindra has outperformed the market by surging 25 per cent, as compared to 4.4 per cent rise in the S&P BSE Sensex
 "Tech Mahindra extends gains post June quarter results; stock hits new high")
Future Retail rebounds 21% from day's low on Amazon bail-out report
Reports suggest, Amazon.com Inc. is preparing a bailout plan for cash-strapped Future Retail if the Singapore International Arbitration Centre (SIAC) rules against a planned takeover by RIL
 "Future Retail rebounds 21% from day's low on Amazon bail-out report")
Jubilant FoodWorks rallies 25% in three weeks; hits new high on BSE
Analysts believe Jubliant FoodWorks aggression towards store opening and increase investment towards digital infrastructure will allow the company to emerge stronger from the pandemic.
 "Jubilant FoodWorks rallies 25% in three weeks; hits new high on BSE")
Stocks to watch: Zomato, Shree Cement, RIL, PNB Housing Fin, Indian Hotels
Allcargo group firm Gati Limited has appointed Pirojshaw Sarkari as its CEO, the company said on Monday
 "Stocks to watch: Zomato, Shree Cement, RIL, PNB Housing Fin, Indian Hotels")
Piramal Enterprises hits over 2-year high after strong performance in Q1
In Q1FY22, pharma segment delivered robust revenue growth of 31 per cent YoY, led by the Complex Hospital Generics (CHG) and India Consumer Products (ICP) businesses.
 "Piramal Enterprises hits over 2-year high after strong performance in Q1")
Jhunjhunwala to invest in this small-cap co; shares zoom 86% in 16 days
Shares of Raghav Productivity Enhancers were locked in the 5 per cent upper circuit for 11th straight trading day, at Rs 914.80 on the BSE on Monday
 "Jhunjhunwala to invest in this small-cap co; shares zoom 86% in 16 days")
Sona BLW surges 18% on strong Q1 results, healthy order book position
In Q1FY22, Ebitda margin improved to 27.7 per cent from 19 per cent in Q1FY21 due to better product mix and operating leverage
 "Sona BLW surges 18% on strong Q1 results, healthy order book position")
Stocks to watch: Rolex Rings, Vodafone Idea, Shree Cement, BoB, IDBI Bank
Power Finance Corporation (PFC) has increased its global medium-term note programme from USD 5 billion to USD 8 billion
 "Stocks to watch: Rolex Rings, Vodafone Idea, Shree Cement, BoB, IDBI Bank")
Glenmark Life Sciences slips below issue price as stock falls 5%
On Friday, August 6, 2021, the company had made a quiet debut on the bourses as the shares listed at Rs 751.10 on the BSE
Rolex Rings makes strong debut, lists at 39% premium over issue price
Rolex Rings listed at Rs 1,250 as against issue price of Rs 900 per share on the NSE
 "Rolex Rings makes strong debut, lists at 39% premium over issue price")
BASF India zooms 33% in two days on robust June quarter results
The company reported a net profit of Rs 197.28 crore in Q1FY22 as against a loss of Rs 31.18 crore in Q1FY21
 "BASF India zooms 33% in two days on robust June quarter results")