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
Tata Sons, the promoter company of Tata group, on Thursday, bought shares worth Rs 531 crore in the four group companies in a bulk deal on the National Stock Exchange
The market price of the telecom services provider was trading at its highest level since January 27, 2020.
Aurobindo Pharma moved higher by 20 per cent to Rs 449, and witnessed 32 per cent rally in the intra-day deal.
The drugmaker announced that its board will meet on Tuesday, March 17, 2020 to consider the buyback of company's shares
Circuit Breaker is the mechanism which is triggered when the price fluctuation moves beyond a threshold value stipulated by the stock exchange.
The Indian markets have already joined other global peers in "bear territory", having crashed 20 per cent from their recent peak
YES Bank has been struggling to raise capital for months. It also had to postpone its December 2019 quarter results as the fundraising process consumed most of its top management's time.
All that happened in markets today
The company said the reduction in China sales owing to the outbreak of coronavirus, is expected to reduce Jaguar Land Rover's full-year EBIT margin by about 1%
In the past three months, JB Chemicals & Pharma has outpaced the market by surging 48 per cent against 7.8 per cent decline in the S&P BSE Sensex
Nifty Metal index tumbled 6.6 per cent to 2,134, while Nifty Media index slipped 5.5 per cent to 1,518, and Nifty Auto was down 4 per cent to 6,662, as against a 3.9 per cent decline in the Nifty50
Nifty PSU Bank index tanked over 10-year low after falling 8 per cent in intra-day
Hotel industry's performance this fiscal has been impacted by various factors, including Jet Airways shutdown, general elections, protests, and lack of demand due to general slowdown
After plunging nearly 50 per cent in February, the company assured that the price movement is not inherent to FCL's fundamentals.
The agency cited the lender's deteriorating asset quality as a threat to its profitability and capital.
Punjab National Bank (PNB), Oriental Bank of Commerce, and United Bank of India will combine to form the nation's second-largest lender
The company has fixed March 16, 2020, as the record date to determine /ascertain the members entitled to receive the interim dividend.
Vodafone has so far deposited Rs 3,500 crore in two tranches to the DoT but is still assessing its full AGR dues
In the past one month, shares of the company have slipped over 5.5 per cent while benchmark Nifty50 has declined around 7 per cent.