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 stock moved higher by 4% to Rs 70.80 on BSE, bouncing back 14% from intra-day low.
The stock was 4% at Rs 104 after the company posted a profit of Rs 28 crore in Q2FY17 against loss of Rs 5.4 crore in the same quarter last year.
Since October 24, TCS was down 13.6% as compared to 3.7% decline in the Nifty50 index.
The stock hit a 52-week high of Rs 888, up 13% on BSE in intra-day trade.
The stock rallied 6% to Rs 708 on BSE in early morning trade.
Bank shares were the top gainers led by SBI followed by private lenders
The stock up 9% to Rs 335 on BSE in intra-day after the company reported 25% YoY growth in profit at Rs 361 crore in Q2FY17.
Thus far in 2016, the S&P BSE PSU index outperformed the market by surging 17% against 6% gain in Sensex.
SBI, IOB, Vijaya Bank, Uco Bank, United Bank Syndicate Bank and Allahabad Bank were up 4%-6% on the NSE.
Swan Energy, Accelya Kale, Marksans Pharma, Morepen Lab and Sudarshan Chemicals were among 70 stocks gain over 20% from their respective intra-day lows.
The S&P BSE Sensex was down 370 points at 27,221 and the Nifty50 dropped 128 points lower at 8,416
Jubilant Lifesciences, Marksans Pharma, Lincoln Pharma and Coral Lab were bounce back more than 20% each from their respective intra-day lows.
Delta Corp, DLF, HDIL, Indiabulls Real Estate and Sunteck Realty were down more than 15% each on BSE.
The stock was up 5% to Rs 490 after the company reported a strong 70% YoY jump in profit at Rs 24 crore in Q2FY17.
Infosys, Sun Pharma, Wipro, United Spirits, Reliance Power, Idea Cellular and Bata India were among 56 stocks from S&P BSE500 index hit their respective 52-week lows.
The stock rallied 8% to Rs 870 after the company posted 58% YoY growth in net profit at Rs 52 crore in Q2FY17.
The stock moved higher to its 52-week high of Rs 135, up 9%, extending its Monday's 9% surge on BSE.
The stock moved higher to Rs 472 on NSE in intra-day trade, bouncing back 13% from its intra-day low of Rs 417.
The stock rallied 11% to Rs 987 in intra-day trade, extending its Monday's 15% rally on the NSE.
Tata Motors emerged as the top gainer while ITC eased on profit taking