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 trading volumes on the counter jumped 6-fold with a combined 68 million equity shares representing 1.3 per cent of total equity of the company changing hands on the NSE and BSE.
All that happened in markets today.
India removed anti-dumping duties on graphite electrodes imported from China in September 2018 which has resulted in increased imports.
Central Bank of India, United Bank of India, Syndicate Bank, Andhra Bank and Bank of India were up in the range of 5-12 per cent.
The company's net profit more-than-doubled to Rs 194 crore in September quarter (Q2FY20), on the back of strong revenue growth.
Earlier this month, reports suggested that Centre could reduce its stake in the heavy equipment manufacturer to 26 per cent from 63.17 per cent as part of its strategic divestment.
According to a report by CNBC-Awaaz, the government could soon invite Expression of Interest (EoI) by late November or early December to reduce its stake by nearly 26 per cent in the company.
The company's board of directors also approved special interim dividend of Rs 5.50 per share for 2019-20 fiscal year.
According to media reports, UK's Standard Life is planning to divest up to 4.5 per cent stake in HDFC Life Insurance.
Here's a look at the top stocks that may remain in focus today.
All that happened in markets today.
The management said the outlook for H2FY20 continues to be healthy on account of sustained introduction of high-potential brands targeting a variety of crops and regions.
The EBITDA came in at Rs 1,606.3 crore, down 53.2 per cent YoY.
Briefing the media after the decision, Telecom Minister Ravi Shankar Prasad categorically said the government was neither closing down, nor divesting its stake in, BSNL and MTNL.
The company reported net profit of Rs 194 crore in Q2FY20 against Rs 90 crore in a year ago quarter.
With this, new players in the fuel-marketing space like Total, Adani, and Saudi Aramco -- and even super markets -- can open outlets for selling automobile fuel.
On a sequential basis, HCL Tech's revenue for the quarter ended September 30, rose 6.7 per cent while net income rose 19.4 per cent to Rs 2,651 crore.
Here's a look at the top stocks that may remain in focus today.
The stock, which was trading at its highest level since its listing on August 8, 2019, has appreciated by 91 per cent as against the issue price of Rs 745 per share.
In a note on Tuesday, Morgan Stanley said SBI Life could be among the three stocks that could be included in the MSCI India index.