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 hit a 52-week high of Rs 145, rallied 75% in past one week from Rs 83 on March 29, 2016.
The stock dipped 3% to Rs 277, its lowest level since April 7, 2014 on the National Stock Exchange in intra-day trade.
ICICI Bank, SBI, Bank of Baroda, Canara Bank, Yes Bank and Bank of India were down 3% each on the NSE.
CRR remains unchanged at 4%; repo rate cut by 25 bps
Relaxo Footwears surged 15% to Rs 523, extending its previous day's 20% surge after WestBridge unit bought stake in the company via open market.
Petrol price was hiked by Rs 2.19 a litre and diesel prices was increased by 98 paise per litre.
Stocks of rate sensitive sectors such as banks, realty and auto will be in focus with the RBI policy review today
The stock soared 16% to Rs 15.85 on the BSE.
Post Q3 results, the stock outperforming the market up 14% as compared to 2% gain in Sensex since Jan 13, 2016.
Blackstone has made an open offer to acquire 26% stake at Rs 457.54 per share
The stock rallied 11% to Rs 1,076 on BSE, trading near to its record high of Rs 1,160 touched on January 8 this year.
Financials were among the top losers ahead of the RBI policy tomorrow while oil shares dipped on weak crude oil prices
The company has acquired 100% equity stake in US-based Strength of Nature LLC
At 11:45 am, the S&P BSE Sensex has advanced 16 points to quote at 25,285 and the Nifty50 has gained 9 points to trade at 7,722
Top 5 losers in the Sensex include ITC, Lupin, ONGC, Caol India and Axis Bank down between 0.5%-1.6%
The FMCG major announced the closure of its cigarette factories from April 1, 2016
The stock surged 9% to Rs 238 after it increased the prices of various grades of manganese ore for the quarter April-June.
In past one-month, the stock has outperformed the market by surging 40% as compared to 3% rise in Sensex.
The royalty has been hiked to 4% on net sales from 1% earlier
On the BSE, the stock opened at Rs 458, a 6% premium against its issue price of Rs 432 per share.