 "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 835 - Si Reporter
Lupin records sharpest single day gain in three months
The stock ended higher by 4.4% to Rs 1,543 on the BSE, recorded its sharpest single day gain since March 30, 2016.
 "Lupin records sharpest single day gain in three months")
RPG Life Sciences surges on forays into cosmetic industry; credit rating upgrade
The stock surged 17% to Rs 273 on the BSE on back of heavy volumes.
 "RPG Life Sciences surges on forays into cosmetic industry; credit rating upgrade")
Markets remain steady; FMCG shares rise
Participants indulged in buying beaten down blue chips at lower and attractive levels.
 "Markets remain steady; FMCG shares rise")
Cement shares hit 52-week highs
Dalmia Bharat, Deccan Cements, Mangalam Cement, Birla Corp, Sagar Cements and Ramco Cement hit 52-week highs.
 "Cement shares hit 52-week highs")
ITC hits fresh 52-week high
The stock will turn ex-bonus in the ratio of 1:2 on Friday, July 1, 2016.
 "ITC hits fresh 52-week high")
Sensex rises 100 points, Nifty aims 8,150; broader markets outperform
FMCG shares firmed up on hopes that retreat of monsoon later than normal would boost rural growth volumes
 "Sensex rises 100 points, Nifty aims 8,150; broader markets outperform")
Trent surges on board nod for stock-split, fund raising plans
The board has approved stock split of equity shares of Rs 10/- each into ten shares of Re 1 each
 "Trent surges on board nod for stock-split, fund raising plans")
MCX hits 10-month high on heavy volumes
The stock rallied 9% to Rs 1,047, its highest level since August 2015 on the BSE.
 "MCX hits 10-month high on heavy volumes")
Siemens gains on order from Power Grid worth Rs 570 crore
The order is for supply of STATCOMs at four substation locations of Power Grid
 "Siemens gains on order from Power Grid worth Rs 570 crore")
Hotel Leelaventure gains on talk of monetising Hyderabad land
The hotel major plans to utilise the proceeds from the sale of Hyderabad land to reduce debt
 "Hotel Leelaventure gains on talk of monetising Hyderabad land")
Gujarat Gas rallies on PNGRB nod for gas distribution in Gujarat
The stock rallied 10% to Rs 575 on the BSE in early morning trade.
 "Gujarat Gas rallies on PNGRB nod for gas distribution in Gujarat")
Tata Communications surges after Econet agrees to buy arm Neotel
The stock surged 8% to Rs 485, trading nears to its 52-week high of RS 490 on the BSE.
 "Tata Communications surges after Econet agrees to buy arm Neotel")
Markets to see a flat opening; Brexit hangover continues
Participants gear up for the June F&O expiry due on Thursday and auto sales volume data for June and India Manufacturing PMI for June due on Friday, respectively
 "Markets to see a flat opening; Brexit hangover continues")
Sugar shares rally; Dalmia Sugar, Dwarikesh Sugar up 20%
DCM Shriram, Dhampur Sugar, Bannari Aman, Bajaj Hind, Shree Renuka and Upper Ganges were up more than 10% each.
 "Sugar shares rally; Dalmia Sugar, Dwarikesh Sugar up 20%")
Nifty PSU Bank index up 3%; Vijaya Bank, Oriental Bank up over 5%
SBI, Dena Bank, Indian Bank, Bank of Maharashtra, Bank of India, Canara Bank and Uco Bank were up over 3% on NSE.
 "Nifty PSU Bank index up 3%; Vijaya Bank, Oriental Bank up over 5%")
Markets turn volatile; weak European cues weigh
IT shares were among the top Sensex losers
 "Markets turn volatile; weak European cues weigh")
JB Chemicals surges on USFDA approval for Panoli tablet manufacturing facility
The stock rallied 11% to Rs 261 on the BSE on back of heavy volumes.
 "JB Chemicals surges on USFDA approval for Panoli tablet manufacturing facility")
Bajaj Finserv surges on talk of buyout of Allianz's stake in insurance arms
The stock rallied 8% to Rs 2,245 on the BSE in intra-day trade.
IT shares extend fall; TCS down 3%
In past two trading sessions, the S&P BSE IT index down 3.5% against 2% decline in the S&P BSE Sensex.
 "IT shares extend fall; TCS down 3%")
Nifty hovers around 8,100; broader markets outperform
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend on the bourses