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 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
Mukesh Ambani, the chairman of the group announced that Saudi Aramco will invest to take a 20% stake in the group's oil to chemicals (O2C) business at a $75 billion enterprise value.
Operating revenues were at Rs 3,002.1 crore against Rs. 2,220.4 crore for the corresponding quarter last year.
Sentiment was further strengthened on reports that government could approach the Goods and Services Tax (GST) Council to relieve the auto-industry from tax payment for three-six months
According to reports, the lender plans to raise Rs 2,000-3,000 crore through the QIP issue.
Nestle India gained 4% to Rs 12,266 apiece, surging 7% during current week, after the company reported a 11% year-on-year (YoY) rise in net profit to Rs 438 crore for the quarter ended June 2019.
On Thursday, the automotive component manufacturer's stock had tanked 20 per to Rs 743, its lowest level since March 30, 2017, after the company announced the expansion plan.
Analysts attribute the company's poor performance during the quarter to slowdown in the economy and low footfalls in EBO's (exclusive brand outlet)
The stock was trading at its lowest level since September 16, 2014, when it hit a low of Rs 33.80 in intra-day trade
Here's a look at the top stocks that may remain in focus today.
All that happened in markets today
In the past three months, the stock has underperformed the market by falling 44 per cent, as compared to a 3 per cent decline in the S&P BSE Sensex.
The information technology (IT) firm maintained its revenue guidance of 14-16 per cent in CC term and margin guidance of 18.5-19.5 per cent for the quarter under review.
In the past three months, the stock has underperformed the market by falling 30 per cent, as compared to a three per cent decline in the S&P BSE Sensex.
The mobile marketing firm's Rs 459 -crore initial public offer (IPO) received a huge response from investors as the issue was overall subscribed 86 times
Here's a look at the top stocks that may remain in focus today
The Bank's provisions increased to Rs 3,814.58 crore up from Rs 3,337.7 crore in the year ago period and Rs 2,711.43 crore in Q4FY19.
In constant currency terms, revenue grew 3.7 per cent, it said in its press release.