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.
On Wednesday, benchmark indices ended flat with a negative bias tracking slump in the Chinese markets
Dalmia Bharat, Dhampur Sugar, Uttam Sugar and Sakthi Sugars have rallied more than 70% thus far in October.,
The stock rallied 9% to Rs 420, also its record high on the BSE.
Bajaj Auto has reported better than expected net profit of Rs 933 crore for Q2 FY16 on back of strong operational performance
The stock dipped 9% to Rs 319 after posted net loss of Rs 2.28 crore in September quarter against profit of Rs 3.37 crore.
The stock moved higher by 4% to Rs 2,538 after reported a better than expected net profit of Rs 933 crore in Q2FY16.
Financials were the top losers along with select pharma shares
The High Court of Rajasthan admitted a winding up petition against the Company, being Corporate Guarantor, for the alleged / disputed liability of its subsidiary
The RBI said that shareholding by FIIs/FPIs has crossed the threshold ban limit of its paid-up capital
By 12:10 pm, the 30-share Sensex was higher by 16 points at 27,323 and the 50-share Nifty dipped 4 points at 8,259
The stock hit an intra-day high of Rs 385 on the BSE, its highest level since listing in August this year.
The stock rallied 14% to Rs 475, its highest level since July 2014 on the BSE.
The stock plunged 13% to Rs 57.05, also its 52-week low on the National Stock Exchange in early morning trade.
The immediate trigger for markets today would be the second quarter earnings of HDFC Bank and Bajaj Auto
The stock soared 18% at Rs 34.40 on the BSE on back of heavy volumes.
At 14:30 pm, the 30-share Sensex was down 132 points at 27,233 and the 50-share Nifty was down 39 points at 8,235
The stock dipped 7% to Rs 971 on the BSE.
Standalone net profit grew 42% to Rs 279.4 crore for the quarter ended September 2015
IT majors and private banks were the top gainers even as broader markets outperformed
The company announced the launch of its HCM (Human Capital Management) offering for the US market, at the HR Tech Show 2015, in Las Vegas.