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.
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
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
All that happened in markets today
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.
Here's a look at the top stocks that may trade actively in today's session -
The stock has zoomed 125 per cent against its issue price of Rs 880 per share
The company reported a 10 per cent year on year drop in total auto sales at 354,913 units for the month of February 2020.
The Mumbai-based company, which may incur a loss of Rs 1,000 cr from this one unit alone this year, has issued notices to discoms in Gujarat, Haryana, Rajasthan, Punjab & Maharashtra
Escorts announced that its agri machinery segment (EAM) sold 8,601 tractors in February, an 18.8 per cent growth against 7,240 tractors sold in February 2019
The stock, however, recovered its early morning losses to hit an intra-day high of Rs 467.95 following the company's disclosure that its domestic Farm Equipment Sector grew by 21% in February.
The company's board of directors is scheduled to meet on March 3 to consider interim dividend.