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.
Titan said the retail sales in jewellery were better than expected at the beginning of Q3FY20, possibly due to a good wedding season and reasonable inelasticity of wedding jewellery.
Here's a look at the top stocks that may trade actively in today's trading session.
A sharp gain in the market price pushed the consumer electronics company in the list of top 100 Indian companies with the highest market capitalisation (m-cap).
All that happened in the markets today
In Q3FY20 update, Marico said the India business as a whole posted a marginal decline in volume growth, due to a decline in coconut oil, hair oils and other portfolios.
On Thursday, Rakesh Jhunjhunwala's RARE Enterprises purchased 2.78 million equity shares, representing 0.87 per cent stake, for Rs 11.92 crore in a bulk deal on BSE.
In the past two months, FDC has outperformed the market by surging 25 per cent, after reporting a healthy September quarter earnings (Q2FY20)
The Nifty IT index was trading 1.84 per cent higher as compared 0.3 per cent dip in the benchmark Nifty50 index
Rating agency India Ratings & Research downgraded the credit ratings outlook for long term and short term facilities of the company from "Stable" to "Rating Watch Evolving".
Brent Crude Futures surged over 3 per cent to trade at $68.25 per barrel-mark. The West Texas Intermediate, too, gained 2.71 per cent to $62.84 per barrel.
All that happened in markets today.
Post-listing, the stock hit an intra-day low of Rs 152.60 only to quickly pare losses and inch as high as Rs 165.90 per shar on the exchange
The stock is trading at its highest level since June 14, 2019
The stock hit a 52-week low of Rs 106 on September 4, 2019.
Inox rallied 6% to Rs 399 after the company said it has commenced the commercial operations of four additional screens in the-existing cinema theatre in Indore.
The purchase price of Rs 44 per share is a 3.2 per cent premium to the market price of December 27
On Friday, GDL entered into a share purchase agreement to sell its entire stake of 40.25 per cent in Snowman Logistics to Adani Logistics for Rs 295.92 crore.
Here's a list of top stocks that may remain in focus in today's session
Balrampur Chini Mills surged 5% to Rs 183, to quote at its highest level since May 2006. In the past month, it has outperformed the market by zooming 24%, as compared to a 1% rise in the Sensex