 "SI Reporter")
SI Reporter
SI Reporter
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.
Page 806 - Si Reporter
Adlabs Entertainment extends rally; surges over 50% in three trading days
The stock zoomed 52% to Rs 117 from Rs 77 after Insync Capital Partners LLP bought stake in Adlabs via open market
 "Adlabs Entertainment extends rally; surges over 50% in three trading days")
Marksans Pharma surges on USFDA nod for Loratadine
The stock rallied 12% to Rs 53.55 after the USFDA approval for loratadine liquid filed capsules 10 mg
 "Marksans Pharma surges on USFDA nod for Loratadine")
Capri Global Capital zooms over 50% in three trading sessions
The stock hit 52-week high of Rs 343, surging 55% in past three trading sessions from Rs 222 since September 21
 "Capri Global Capital zooms over 50% in three trading sessions")
Broader markets outperform benchmark indices; ICICI Bank drops 2%
Broader markets are outperforming- BSE Midcap and Smallcap indices are up 0.1%-0.2%
 "Broader markets outperform benchmark indices; ICICI Bank drops 2%")
GNA Axles lists at 22% premium over issue price
The stock listed at Rs 252, a 22% premium against issue price of Rs 207 per share, on the National Stock Exchange.
 "GNA Axles lists at 22% premium over issue price")
KNR Constructions hits 52-week high on stock split plan
The stock hit a 52-week high of Rs 765, up 5.5% on the BSE in an early morning trade
 "KNR Constructions hits 52-week high on stock split plan")
Vardhman Textiles gains as board approves share buyback proposal
The stock rallied 7% to Rs 1,108 after the board approved a buyback of 6.13 million equity shares for Rs 1,175 per share
 "Vardhman Textiles gains as board approves share buyback proposal")
IRB Infra nears 52-week high on heavy volumes
The stock rallied 6% to Rs 266, trading near to its 52-week high of Rs 272 on the BSE.
 "IRB Infra nears 52-week high on heavy volumes")
Bharat Financial gains after QIP issue opens
The stock up 7% to Rs 868 after the company said that its QIP issue opened on Thursday, September 22, 2016.
 "Bharat Financial gains after QIP issue opens")
Broader markets outperm benchmark indices; RIL up 2%
Among broader markets, BSE Midcap and Smallcap indices are up 0.6% each
IDFC Bank, Bharat Forge, SRF, Kesoram Industries, MRF, IFCI hit 52-week highs
RIL, HDFC Bank, TVS Motor, Raymond, Biocon, Reliance Capital, Manappuram Finance and Bajaj Finserv hit 52-week highs.
Adlabs Entertainment surges 20% on heavy volumes
A combined 6.54 million shares or 8% of total equity of Adlabs and there were pending buy orders for 1.07 million shares on both the exchanges at 11:51 am.
 "Adlabs Entertainment surges 20% on heavy volumes")
Websol Energy System up 20% on RBI nod for restructuring FCCBs
The stock up 20% at Rs 42.15 after the company said the RBI approved the restructuring of outstanding FCCBs subject to certain conditions.
Nifty holds 8,850 amid choppy trades; Axis Bank drops 4%
Top losers from the Sensex pack are Axis Bank, Lupin, ICICI Bank, Tata Motors and Infosys
 "Nifty holds 8,850 amid choppy trades; Axis Bank drops 4%")
Lincoln Pharmaceuticals gains on launch of oral spray
The Ondansetron Oral Spray has been launched in the dosage form of 0.2ml equivalent to 2mg and 0.4 ml equivalent to 4mg,
 "Lincoln Pharmaceuticals gains on launch of oral spray")
NBFC shares in focus; Ujjivan Financial, Capital First, Bajaj Finance up over 4%
PTC India Financial, Satin Creditcare, Shriram Transport Fin, Bharat Financial, Muthoot Finance and M&M Financial were up 3%-6% on the BSE.
 "NBFC shares in focus; Ujjivan Financial, Capital First, Bajaj Finance up over 4%")
Nifty holds 8,850 amid rangebound trade
Index heavweight Reliance Industries was the top gainer along with financials
BPL hits 52-week high; zooms over 100% post Q1 results
The stock hit 52-week high of Rs 80, appreciated 116% from Rs 37 on August 10, 2016.
 "BPL hits 52-week high; zooms over 100% post Q1 results")
Aurobindo Pharma gains on tentative nod for HIV drug
The stock up 4% to Rs 842 after the company has received the tentative approval of Dolutegravir 50mg from USFDA for the treatment of HIV.
 "Aurobindo Pharma gains on tentative nod for HIV drug")
Mandhana Industries trades ex-demerger of retail business
The stock locked in lower circuit of 5% at Rs 44.65 on the BSE.