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.
Bharti Infratel, NBCC, NHPC, Suzlon Energy, BHEL, Siemens and Adani Power from the Nifty Infra index hitting their respective 52-week lows on the NSE today.
Advanced Enzyme, IL&FS Transportation Networks, Inox Wind, Narayana Hrudayalaya and Navkar Corporation were among 9 stocks from the S&P BSE500 index hitting their respective all-time lows on the BSE.
Gitanjali Gems, Bombay Rayon, Diamond Power Infra, Jaypee Infratech, GTL Infra, IVRCL, PC Jeweller, Reliance Naval and KSK Energy have plunged between 70% and 90% thus far in 2018.
The stock hit a record high of Rs 695, up 6% on the BSE in opening deal in otherwise weak market.
Catch all that happened during Monday's trade here
In past one week the market prices of Manpasand Beverages, Nandan Denim, Caplin Point Lab, PC Jeweller, Atlanta, Deep Industries and Madhucon Projects have declined in the range of 25% and 55%.
Avanti Feeds dipped 4% to Rs 1,476 falling 24% in past five trading sessions post March quarter results.
The stock dipped 2.5% at Rs 2,058, falling 4.6% from its early morning high of Rs 2,157 touched on the NSE.
he stock trading at its 52-week low of Rs 107, has tanked 27% in past two trading sessions from Rs 147 on May 31, 2018
The stock was up nearly 4% to Rs 2,010 on the BSE in early morning trade after the company said the US health regulator has completed the audit of its API Srikakulam plant (SEZ) with no observations.
On Monday, the S&P BSE Sensex ended at 35,160, up 191 points while the broader Nifty50 index settled at 10,739, up 47 points.
Benchmark indices hit a near three-month high on Monday, as technology shares gained.
It said Rahul Bhatia, a promoter of the company, has been appointed as the interim CEO.
The company reported a consolidated net profit of Rs 94.35 billion for the quarter ending March 31
The stock tanked 34% to Rs 157, its fresh 52-week low on the BSE in intra-day trade on Friday.
The stock dipped 2.5% to Rs 8,721, falling 5% from its intra-day high of Rs 9,142 on the BSE.
SBI, BOB, Oriental Bank of Commerce, Union Bank of India, Andhra Bank, Bank of India, Canara Bank and Allahabad Bank were up in the range of 5% to 7% on the NSE.
HIL reported a net profit of Rs 200 million in March quarter against Rs 70 million in year ago quarter.
The stock was up 5% to Rs 522 on expectation of sustained ROA expansion over the next 24 months to drive a multiple expansion as asset quality distractions recede.
So far in the calendar year 2018, MRF shares have beat the market by gaining 8% against 0.1% decline in the S&P BSE Sensex.