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.
Ebitda margin contracted 240 bp at 13.6 per cent for the fourth quarter ended March 31, 2019.
All that happened in the markets today
The bank made total non-tax provisions of Rs 3,662 crore,, more than nine times the Rs 400 crore reported a year earlier
Bombay Dyeing slumped 17.4 per cent to Rs 103 per share on the BSE, while National Peroxide slipped 5.3 per cent to Rs 2,660. Bombay Burmah was down 6 per cent to Rs 1,193
Reliance Power, Reliance Home Finance, Reliance Naval and Engineering and Reliance Nippon Life Asset Management were down between 7 to 20% on the BSE.
The Nifty Bank index slumped over 400 points or 1.35 per cent to trade 29,609 levels, with 8 constituents in the red and 4 in the green.
Here's a look at the top stocks that may remain in focus today -
Axis Bank was up 3% to Rs 765, while TCS up 2.4% to Rs 2,245 on BSE, is 1.25 per cent away from its record high level of Rs 2,273 hit on October 1, 2018 in intra-day trade.
The company's board of directors is scheduled to meet on Thursday to consider the audited results for the quarter and year ended March 31, 2019
During the financial year 2018-19, FIIs stake in Bata India increased by nearly 5 percentage points from 6.19 per cent.
In the past seven trading sessions, the stock has slipped 14 per cent, as compared to 0.36 per cent rise in the benchmark S&P BSE Sensex in the same time period
The stock hit a 52-week low of Rs 1,839, down 5 per cent on Tuesday. It has fallen 9 per cent in the past two days on the BSE.
The rights issue will open on May 3 and close on May 17
The domestic unit on Monday plunged by 32 paise to close at a two-week low of 69.67, following a spike in crude oil prices on reports that the US will end waivers on Iranian oil imports.
The downgrade is driven by continued low visibility in raising funds and CRISIL's belief that liquidity levels will remain subdued vis-a-vis earlier expectations, the rating agency said
All that happened in the markets today
HPCL dipped 6% to Rs 250, followed by BPCL down 5% at Rs 343 and IOC 4% at Rs 149 on the BSE
The stock hit a 52-week high of Rs 211, up 4 per cent on the BSE in an otherwise weak market on Monday, trading close to its all-time high level of Rs 213 hit on June 16, 2017.
Jet Airways had announced temporary suspension of flight operations as lenders turned down the airline's demand for emergency funding.
The stock slipped 11 per cent to Rs 135 on the BSE in early morning trade, plunging 27 per cent in past three trading sessions from level of Rs 184 on April 15, 2019.