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.
Linde India up 10% to Rs 759, surging 56% since November 7, after the promoter BOC Group has offered to take full ownership of the company and delist the firm from the country bourses.
The S&P BSE Sensex shed 106 points or 0.29 per cent to settle at 36,107 with Tata Motors (up over 1 per cent) being the top gainer and IndusInd Bank (down over 2 per cent) the worst performer.
Operating profit for the quarter increased by 56.8 per cent at Rs 900 crore against 1,574 crore in the corresponding quarter of the previous year, the company said in its press release.
The stock locked in upper circuit of 10% at Rs 115, rallied 92% in past one month, as compared to 3% rise in the S&P BSE Sensex.
The broader market was outperforming the benchmark indices in the noon deals on Thursday
The stock was up 2% at Rs 1,643, trading near its all-time high of Rs 1,660 recorded on April 28, 2017, in the intra-day trade.
Vakrangee's stock took a severe hit in 2018 ending the year at Rs 33.35, falling 92 per cent during the year from Rs 421.
The stock was up 5 per cent to Rs 207 per share on the BSE, trading at its highest level since January 8, 2008.
On Wednesday, the domestic currency slipped 25 paise to close at 70.46 as continued rise in global crude oil prices weighed on sentiments.
Here's a look at the top stocks that may remain in focus today -
Among the sectoral indices, the Nifty FMCG index rose 1.01 per cent led by gains in ITC and Dabur India. The Nifty Bank index too rose 0.77 per cent led by Axis Bank, HDFC Bank and ICICI Bank.
The stock price has declined over 40 per cent since September 18, 2018. In comparison, the S&P BSE Sensex has dipped nearly 4 per cent during the same period.
The stock was up 6% at Rs 137, rallying 25% in first seven days of the calendar year 2019 and trading at its highest level since September 26, 2008.
The stock down 5% to Rs 243, trading at its lowest level since November 10, 2017, after Bandhan Bank on January 7, 2019 announced amalgamation of Gruh Finance with the bank through a share swap ratio.
The stock down 3% at Rs 477, its lowest level since June 15, 2017, after the company said lower production and adverse product mix in Europe will impact financial results.
The stock surged 18 per cent to Rs 56.40, also its 52-week high on the BSE in intra-day trade after the company said its board will consider share buyback proposal on Tuesday, January 15, 2019.
Shares of IT major Infosys rose as much as 2.8 per cent at Rs 688.70 a piece on BSE in the early trade as the company announced that its board will consider a buyback programme.
HT Media, Hindustan Media Ventures, Jagran Prakashan and DB Corp were up 8% to 17% on the BSE in intra-day trade on Wednesday.
On Tuesday, The domestic unit plunged by 53 paise to close at 70.21 against amid renewed concerns over widening of current account deficit (CAD) following constant rise in global crude oil prices.
Here's a look at the top stocks that may remain in focus today -