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.
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All that happened in markets today
The country's largest IT services company crossed the $20-billion revenue mark for the first time in the fourth quarter of FY19.
The company said will connect Mumbai to a host of international destinations with direct non-stop flights to Hong Kong, Jeddah, Dubai, Colombo, Dhaka, Riyadh, Bangkok, and Kathmandu.
On April 12, Carlina had purchased 4.65 million equity shares, representing 1.2 per cent stake, in PC Jeweller for Rs 49 crore
The EBIT margin declined 110bps quarter-on-quarter (QoQ), due to the negative impact of utilisation, ramp up of large deal, S&M (sales and marketing) expenses and localisation and rupee appreciation.
The domestic unit halted its three-day winning streak as it closed 25 paise lower at 69.17 as forex traders weighed rising crude oil prices.
Here's a look at the top stocks that may remain in focus today -
The company also declared a dividend of Rs 10.50 per share
The company also announced a final dividend of Rs 18 per equity share
All that happened in markets today
The stock was up 3 per cent at Rs 305 on the BSE, its highest level since September 24, 2018.
It is for the first time that the two IT giants will announce their quarterly results on the same day.
The downgrade is on account of limited progress in building up liquidity, selling/exiting riskier construction finance loans
On Thursday, Derive Investment purchased 7,92,000 shares representing 4.72 per cent stake in Foods & Inns at price of Rs 184.06 per share on the BSE.
The company said it will induct 16 Boeing 737-800 NG aircraft on dry lease and has applied to the DGCA for a no objection certificate to import the aircraft.
The domestic unit on Thursday climbed 19 paise to close at 68.92, also marking a third straight session of gains, driven by sustained foreign fund inflows.
Here's a look at the top stocks that may remain in focus today -
The stock hit a new high of Rs 367, up 9% on the BSE on the back of heavy volumes.
Gujarat Gas said it has accepted the authorization of the PNGRB vide a confirmation letter to the PNGRB