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.
Since October 15, post Q2 results, the stock rallied 29% as compared to a marginal 0.17% rise in the Sensex.
Investors will remain cautious ahead of the outcome of US Federal Reserve meet due later today
The stock up 2.5% at Rs 4,497 after the company reported 42% YoY jump in net profit at Rs 1,226 crore for the quarter ended September 2015.
The board has approved allotment of 30,00,000 equity shares pursuant to conversion of 30,00,000 warrants
Market participants have turned cautious ahead of the US FOMC meet which begins today
Net profit for Sep 2015 quarter rose 22% to Rs 116 crore compared to Sep 2014 quarter
The stock dipped 6% to Rs 1,936 after the company reported 35% YoY decline in profit at Rs 409 crore in Q2FY16.
The company said that workmen at its Chhindwara Textile Plant have gone on strike due to unreasonable and unlawful bonus demands
SBI Mutual Fund and Kotal Mahindra Mutual Fund have bought a combined 559,109 equity shares at Rs 3,100 per share.
Pharma major Lupin and mortgage lender HDFC were the top Sensex losers
The stock moved higher to its record high of Rs 841, up 1.1%, extending its 5% gain in past six trading sessions on BSE.
The stock dipped 10% to Rs 1,327 after the company reported net loss of Rs 11 crore in September quarter.
The stock rallied 7% to Rs 124 after the RBI has allowed foreign investors to raise their stake up to 74%.
The stock soared 18% at Rs 68 after posted profit of Rs 5 crore in September quarter against loss of Rs 13 crore.
Axis Bank, Lupin, Vedanta, and Maruti Suzuki are the Sensex companies that are set to announce their quarterly earnings today
Capital goods and auto shares were top gainers while RIL and financials were the top losers
The stock rallied 8% to Rs 475 after the company reported three-fold jump in consolidated net profit at Rs 15.29 crore for the quarter ended September.
The stock plunged 14% to Rs 615 after reporting a net loss of Rs 21 lakh for the quarter ended September 2015.
Net profit rose nearly 15% to Rs 142.6 crore compared with Rs 124.3 crore in Sep qtr last fiscal
Kanoria Africa Textiles plc has set up an integrated Denim project at Bishoftu, Ethiopia