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 rallied 5% to Rs 252 after the company posted 31% YoY jump in its consolidated net profit at Rs 836 crore for Q1FY17.
The stock dipped 5% to Rs 1,607, falling 7% from intra-day high of Rs 1,730 on the BSE.
Thus far in 2016, the stock has fallen 44% as compared to 7% rise in the Nifty 50 index.
HDFC was down 2% at Rs 1,340, while Max Financial Services was trading 1% lower at Rs 537 on the BSE at 01:40 pm.
The S&P BSE Sensex was down 203 points at 27,980 and the Nifty50 was down 67 points at 8,644
Index heavyweights ITC and HDFC were among the top losers
The stock hit a record high of Rs 780 and rallied 18% in past three trading sessions from Rs 662 on August 4.
SBI, BOI, Union Bank, Allahabad Bank, BOB, Syndicate Bank, PNB and Oriental Bank were up 2% each at 11.41 am.
Thus far in 2016, the stock had underperformed the market by falling 5% as compared to 8% rise in Sensex till Monday.
The stock was up 3.9% at Rs 232 on the BSE, as compared to 0.14% decline in the S&P BSE Sensex at 10:11 am.
The stock rallied nearly 9% to Rs 1,670 after the company reported 27% YoY increase in consolidated net profit at Rs 144 crore for the quarter ended June 30, 2016.
The stock was down 6% to Rs 96.55 on the BSE in early morning trade.
HPCL, YES Bank, Ajanta Pharma, Biocon, Havells India, Indraprastha Gas and SRF hit lifetime highs in intra-day.
Muthoot Finance surged 15% to Rs 405, while Manappuram Finance up 6% to Rs 91.40 on the BSE in intra-day trade.
The stock hit a fresh record high of Rs 3,556, up 3% on the NSE after the company reported 18% YoY growth in profit at Rs 883 crore for the quarter ended June 30, 2016.
Hero MotoCorp surged over 3% on the back of robust Q1 earnings
The stock rallied nearly 15% to Rs 132, also its 52-week high on the BSE in intra-day trade.
The stock moved higher by 8% to Rs 3,104 on the BSE.
The stock was down 5% lower at Rs 130 after the bank's gross NPAs increased to 10.16% in Q1 from 5.53% in the year-ago period.
The stock rallied 6% to Rs 152 in intra-day trade, its highest level since March 5, 2015 on the BSE.