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
Net profit after tax for the quarter grew 3.6 per cent to Rs 199 crore, as against a profit of Rs 192 crore in the year-ago quarter.
The stock erased its entire gain recorded during January.
The company registered its highest-ever export volume of 562,772 units during the quarter
In Q3FY20, the company's Ebitda margins improved 89 bps YoY to 13%
USFDA, that had conducted a Current Good Manufacturing Practice (cGMP) inspection at the company's Unit 7 an oral solids formulation manufacturing facility from Sept 19-27, 2019, issued 7 observations
The stock surpassed the previous high of Rs 2,011 touched on October 31, 2019
The resolution primarily failed after co-founder Rahul Bhatia's Interglobe Enterpise's voted against it. The Bhatia family and Inter-Globe Enterprises (IGE) together own 38.23 per cent.
Here's a look at the top stocks that may remain in focus today
All that happened in the markets today
Amara Raja Batteries, MRF, Page Industries, Tata Chemicals, Torrent Power and Voltas touched 52-week highs today.
Other Adani Group stocks also declined in intra-day trade today. Adani Enterprises (down 5 per cent to Rs 219), Adani Green Energy (down 5 per cent to Rs 183), Adani power (down 1 per cent)
The company said it has launched a qualified placement of shares on Thursday and fixed floor price of Rs 518.14 per share.
State Bank of India Chairman Rajnish Kumar said he's certain "some solutions will emerge" to steady YES Bank, which has been on a prolonged quest to raise new capital.
The company said its board will meet on Tuesday, January 28, 2020 to consider and approve issue of non-convertible debentures on private placement basis for an amount up to Rs 400 crore.
The company's dollar revenue declined 5.9 per cent in Q3FY20, against analysts' estimates of 1.1 per cent growth on sequential basis.
Here's a look at the top stocks that may remain in focus today -
The company has been awarded a Supervisory Control and Data Acquisition and Advanced Distribution Management Solution project by the Jammu & Kashmir Power Development Department.
The company reported a same-store sales (SSSG) growth of 9.2 per cent, over a high SSSG of 14.5 per cent reported during the same quarter last year.
Since January 8, the stock has rallied 23 per cent as latest shareholding data reveals that FPIs' stake in VBL touched a new high of 19.35 per cent at the end of December 2019 Since Jquarter (Q3FY20).