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
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 -
All that happened in the markets 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).
The private sector lender's stock is trading at its highest level since its listing on July 10, 2017
The government's firm commitment to revive the economy and the thrust on infrastructure spending augurs well for the growth of cement demand
The bank's net interest income, which grew 15.15 per cent, met D-Street estimates. It's standalone NII stood at Rs 6,452.98 crore over an NII of Rs 5,603.7 crore clocked in Q3FY19.
Here's a look at the top stocks that may remain in focus today.
Earnings per share (EPS) stood at Rs 18.4, up 6.1 per cent YoY.
In the first 11 trading days of the current calendar year, Dr Reddy's has outperformed the market by surging 6 per cent on expectations of earnings improvement.
The company signed a definitive agreement for the sale of DRG to Clarivate Analytics plc, a global leader in providing trusted insights and analytics, for a sale consideration of $950 million.