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.
The domestic currency on Tuesday furthered its loss by another 28 paise to close at a new six-month low of 71.71 as economic uncertainties continued to weigh.
On Wednesday, the domestic currency rebounded from a six-month low to end at 71.27, up 13 paise.
Financial and metal stocks dragged the benchmark S&P BSE Sensex and broader Nifty50, 305 and 110 points lower in the intra-day trade.
Coal India, BHEL, Cummins India, Tata Power, SAIL, Reliance Capital, Wockhardt and CG Power were among 31 stocks from BSE500 index that hit 5-year low.
Nestle India gained 4 per cent to Rs 12,397, and surpassed its previous high of Rs 12,266, recorded on August 9
The Ministry of Corporate Affairs (MCA) has ordered an inspection into the affairs of the company
The latest worry for YES Bank stems from a disclosure regarding irregularities and unauthorised transactions at CG Power and Industrial Solution, a company in which YES Bank holds stake
The Bombay Stock Exchange (BSE) has sought clarification from Capacite Infraprojects with reference to the searches by the Income Tax Department
Here's a look at the top stocks that may remain in focus in today's trading session.
Sectorally, public sector banks gained the most, with the index closing 1.5 per cent higher. This was followed by Nifty auto index, up 1.15 per cent.
The stock fell 9 per cent from its early morning high on profit-booking after the management lowered FY20 revenue/profit guidance considering slowdown in end-use industries.
The company's consolidated net profit more than doubled at Rs 49 crore in Q1FY20 as against a PAT of Rs 23 crore in the year ago quarter.
The 'negative' outlook generally means the ratings won't improve in the next 12-18 months.
In the past six months, the stock has rallied 48 per cent, as compared to a 5 per cent rise in the S&P BSE Sensex
During the quarter under review, the stock of the company dipped 31 per cent, as against a 1.3 per cent decline in the Sensex.
The bank had registered a loss of Rs 2,409.89 crore in the year-ago period.
Here's a look at the top stocks that may trade actively in today's trading session.
The stock has fallen below its previous low of Rs 462 touched on October 9, 2018, on the BSE in intra-day trade
Operating income during the quarter grew 94 per cent at Rs 1,147 crore against Rs 593 crore in the corresponding quarter of previous fiscal
Its net profit plunged 70 per cent YoY on the back of increased expenses, the financials of the company showed