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.
Market breadth is weak on the BSE with 1,553 shares declining and 921 shares advancing
Thus far in 2015, the stock zoomed 511% from Rs 90 to Rs 550 compared to 0.17% decline in Sensex.
At 11:07 am, the stock was down 18% at Rs 359 on the BSE.
The stock was 4.5% at Rs 818 on the BSE at 10:36 am.
By 10:15 am, the Sensex was higher by 30 points at 27,501 and the Nifty dipped by 2 points at 8,293
The stock was up 4% at Rs 3,613 after the company posted 65% YoY jump in its net profit at Rs 42.48 crore for the quarter ended September 2015.
The stock was trading lower by nearly 1% at Rs 356, falling 3% from intra-day high on the BSE.
The world stock markets cheered Chinese Central Bank's interest rate cut for the sixth time in almost a year.
The broader markets under performed the benchmark indices with both MidCap and SmallCap indices trading flat
The stock dipped 10% to Rs 242 on the BSE.
Net profit for Sep 2015 quarter increased 33% to Rs 96.9 crore
The company posted profit of Rs 15.7 crore in September 2015 quarter against Rs 3.8 crore in a year ago quarter.
RBI said that FIIs/FPIs can now purchase upto 74% of the paid-up capital of Shriram Transport
The stock rallied 10% to Rs 1,989, also its 52-week high on the NSE.
The top gainers from the Sensex pack are NTPC, ITC, ONGC, GAIL and Axis Bank
The company today announced a strategic partnership with Sri Lanka-based Power World Gyms Ltd (PWG)
The stock was up 2% at Rs 827 after the company has got final approval from the USFDA to manufacture and market Tramadol Hydrochloride Extended release tablets.
The stock dipped 6% to Rs 143 after reporting 1.2% QoQ decline in consolidated revenues in September 2015 quarter.
The European Central Bank (ECB) hinted at injecting more stimulus in the economy to boost the economy
The stock rallied 18% to Rs 145 after reporting 69% QoQ growth in its consolidated net profit at Rs 75 crore in Q2FY16.