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.
All that happened in the markets today
The stock hit a high of Rs 735 in the early morning deals, thereby surging 110% against the issue price
The company is in the process of reviewing the said order of the High Court.
The stock was locked in the 10 per cent upper circuit band at Rs 664.70 on the BSE
The stock hit a 52-week high of Rs 51.50, rallied 87% thus far in September, against 0.45% gain in the S&P BSE Sensex.
HGHL Holdings has beneficial interest in 4.27 lakh shares of common stock of Quaker Chemical Corporation/Quaker Houghton, USA
The acquisition is expected to be completed by December 2020.
Here's a list of stocks that may remain in focus today
All that happened in the markets today
India Ratings and Research has revised its outlook on the banking sector to 'Negative' for H2FY21.
At 02:17 pm, Dr Reddy's Labs market cap stood at Rs 90,348 crore while that of Divi's Laboratories stood at Rs 89,119 crore, BSE data show
In the past three months, the stock has zoomed 104 per cent, against 14 per cent rise in the S&P BSE Sensex
At 12:26 pm, the Nifty Realty index was up 2.9 per cent as compared to a 0.38 per cent rise in the Nifty 50 index.
Analysts expect a gradual revival by the end of FY21, led by a low base, replacement demand and pick-up in economic activity
The company expects some pressure on the oil-related application during FY21, but demand for pharma, water treatment and others is expected to continue growing
The management remains optimistic for the coming festive months
According to media reports, Epsilon Bidco Pte. Ltd, a Blackstone entity which owns 75 per cent of Essel Propack, was looking to sell up to 23 per cent stake, to garner as much as $251 million
Lupin, Stride Pharma, Neuland Labs, Lincoln Pharma, and Hikal hit their respective 52-week highs on the BSE
Here's a list of stocks that may trade actively in today's session.
For the April-June quarter (Q1FY21), Hikal reported a 25 per cent year-on-year (YoY) decline in its consolidated profit before tax (PBT) at Rs 27.50 crore.