 "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 612 - Si Reporter
KIMS Hospitals lists at 22 per cent premium over issue price
At 10:06 am, the stock was trading at Rs 1,003, after hitting a low of Rs 990 on the NSE and BSE
 "KIMS Hospitals lists at 22 per cent premium over issue price")
Sensex slips 186 pts amid profit booking; banks, metals fall; pharma gains
HSBC said on Tuesday that the valuation of Indian stock market has become a concern now after a sharp run up from their March 2020 low
 "Sensex slips 186 pts amid profit booking; banks, metals fall; pharma gains")
Stocks to watch: HDFC Life, IRCTC, Ruchi Soya, RITES, Godrej Consumer
Standard Life will divest 3.46 per cent or 70 million shares in HDFC Life Insurance Company on Tuesday
 "Stocks to watch: HDFC Life, IRCTC, Ruchi Soya, RITES, Godrej Consumer")
Sensex ends 189 pts lower; FM announces relief for Covid-hit economy
Among notable steps, FM Sitharaman announced Rs 1.1-trillion loan guarantee for Covid-affected sectors. Health sector, she said, will receive attention for scaling up infrastructure on cities and town
 "Sensex ends 189 pts lower; FM announces relief for Covid-hit economy")
Sugar stocks on a roll on improved outlook; Shree Renuka zooms 127% in June
Sugar companies are seeing a huge, untapped demand for ethanol for the blending program of the, which can be of benefit to the sector in the future
 "Sugar stocks on a roll on improved outlook; Shree Renuka zooms 127% in June")
Oil India trades higher for 7th straight day, hits 18-month high
HDFC Securities has a BUY recommendation on Oil India with a revised price target of Rs 183
 "Oil India trades higher for 7th straight day, hits 18-month high")
Power Mech Projects soars 15% on order win from Central Coalfield
The projects has been given by a subsidiary of Coal India, aggregating to Rs 9,294 crore over the contract period
 "Power Mech Projects soars 15% on order win from Central Coalfield")
Finolex Industries zooms 15% on strong operational performance in Q4
In the past three months, the stock has outperformed the market by zooming 62 per cent, as compared to 8 per cent gain in the S&P BSE Sensex
 "Finolex Industries zooms 15% on strong operational performance in Q4")
Thyrocare Technologies dips 7% as PharmaEasy offers to acquire 66% stake
Docon Technologies, along with API Holdings, the parent company of unicorn PharmEasy, also made an open offer for acquisition of additional 26% stake in Thyrocare at a price of Rs 1,300 per share
 "Thyrocare Technologies dips 7% as PharmaEasy offers to acquire 66% stake")
Dodla Dairy makes strong debut, lists at 28% premium over issue price
The stock listed at Rs 550, a 28 per cent premium over the issue price of Rs 428 per share on the NSE
 "Dodla Dairy makes strong debut, lists at 28% premium over issue price")
Stocks to watch: Dodla Dairy, KIMS, Barbeque Nation, Thyrocare, SBI, Lupin
Realty firm Ashiana Housing on Saturday reported a consolidated net loss of Rs 5.2 crore for the quarter ending March. Its net loss stood at Rs 8.63 crore in the year-ago period
 "Stocks to watch: Dodla Dairy, KIMS, Barbeque Nation, Thyrocare, SBI, Lupin")
Sensex ends 226 pts up; Tata Steel jumps 4.6%, Voda Idea 12%, RIL slips 2%
In the broader market, the BSE MidCap and SmallCap indices advanced 1 per cent and 0.4 per cent, respectively
 "Sensex ends 226 pts up; Tata Steel jumps 4.6%, Voda Idea 12%, RIL slips 2%")
Maruti Suzuki gains 11% in 4 days after Co announced price hike plan
Analysts said there is a healthy order-book and adequate finance availability which should support a demand rebound
 "Maruti Suzuki gains 11% in 4 days after Co announced price hike plan")
Thermax gains 6% after arm wins Rs 250 crore order in Latin America
Thermax Babcock and Wilcox Energy Solutions has concluded a Rs 250 crore order for a claus package and an oxidiser package in the sulphur recovery unit for a greenfield refinery in Latin America
 "Thermax gains 6% after arm wins Rs 250 crore order in Latin America")
Apollo Hospitals soars 8% on heavy volumes; m-cap nears Rs 50,000 crore
Structurally, cost reduction drives, expanding of complex procedures and profitability of new hospitals and AHL remain key management focus areas, analysts said.
 "Apollo Hospitals soars 8% on heavy volumes; m-cap nears Rs 50,000 crore")
Inox Wind hits upper circuit for eighth straight day; up 62% post listing
With effect from Friday, the stock has been permitted to trade under 'B' group from 'T' group earlier
 "Inox Wind hits upper circuit for eighth straight day; up 62% post listing")
Ashok Leyland advances 9% as Co reports market share gain in March quarter
Sequentially, MHCV truck volumes for Ashok Leyland have grown by 57 per cent in Q4FY21 which was higher than the industry growth of 53 per cent
 "Ashok Leyland advances 9% as Co reports market share gain in March quarter")
RIL slips 6% in two days post AGM; stk trades lower for fourth straight day
The stock was trading lower for the fourth straight day, falling 7 per cent during the same period
 "RIL slips 6% in two days post AGM; stk trades lower for fourth straight day")
Laurus Labs rallies 5% on credit rating upgrade; stock hits record high
The company is looking to build new capacities/facilities that would propel its growth in the coming years
 "Laurus Labs rallies 5% on credit rating upgrade; stock hits record high")
Deepak Spinners zooms 18%, hits new high after Dolly Khanna buys 1% stake
On Thursday, June 24, 2021, Dolly Khanna purchased 76,555 shares, representing 1.06 per cent stake, in Deepak Spinners at price of Rs 167.21 per share
 "Deepak Spinners zooms 18%, hits new high after Dolly Khanna buys 1% stake")