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.
The broader markets ended in the red for second straight day.
Porinju Veliath's Equity Intelligence India bought 265,000 shares of the company at Rs 847.63 per share
Nifty IT index hit a record high of 23,408, up 2% on the NSE
Nifty futures on SGX were trading higher, indicating a firm start for Indian stock markets
Markets today: Heavyweights like HDFC, Bajaj Finance, HDFC Bank, and Reliance ended between 0.5 per cent and 3 per cent higher on the S&P BSE Sensex
The QSR's stock tumbled 18 per cent from its fresh record high of Rs 219.15, hit on the BSE in Thursday's early morning trade
On Wednesday, Lupin announced in a BSE filing that its dispute with the sellers in the Gavis and Novel transaction has been resolved amicably to the satisfaction of all parties.
In the past month, the stock has outperformed the market by surging 17 per cent, as compared to 6.5 per cent rise in the S&P BSE Sensex
Shares of Jet Airways (India) were locked in the 5 per cent upper circuit band for the eighth straight day, surging 102 per cent in the past one month
Currently, Divis Labs stands at the 30th position among companies having market-cap of over Rs 1 trillion.
Jubilant FoodWorks' stock has rallied 8% in the past two trading days
Balrampur Chini, Triveni Engineering, Uttam Sugar Mills, Dhampur Sugar Mills, Shree Renuka Sugars, EID Parry and Dwarikesh Sugar Industries were up in the range of 3% to 5%
Lakshmi Vilas Bank (LVB) said that the trading in its equity shares will be withdrawn with effect from December 18, 2020.
Suven Life Sciences hit a record high of Rs 99.95 on Wednesday, having rallied 115 per cent thus far in December.
The demand from the home textile industry is expected to remain supportive in the near-to-medium term
Shares of BKIL were locked in the 20% upper circuit band, at Rs 199.25, on the BSE for the third straight day
In the past month, the realty index has rallied 21 per cent against 6 per cent gain in the Nifty50 index
Shares of Affle (India) hit the upper circuit limit for the second straight day, up 5 per cent at Rs 4,068 on the BSE.
PNB said the committee will meet on Friday to consider and determine the issue price for the equity shares, including a discount, if any, to be allotted to QIBs
M&M said the price hike has been necessitated due to the increase in commodity prices and various other input costs.