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 surged 7% to Rs 328 after the company sold 435,000 sq.ft.of saleable area at its commercial project, Godrej BKC in Bandra-Kurla Complex (BKC), Mumbai.
Provisionally, the Sensex gained 380 points to close at 26,158 and the Nifty surged 105 points to end at 7,948
The stock hit a record high of Rs 558 and rallied 121% thus far in 2015 from Rs 253 compared to 6% decline in Sensex.
Index heavyweights were the top gainers even as bank shares eased despite a rate cut
The shareholders have approved raising up to Rs 10,000cr via NCDs
The stock surged nearly 12% to Rs 269, also its record high on the National Stock Exchange.
Shareholders have approved raising upto Rs 500cr via NCDs on private placement basis
The broader markers are in line with the benchmarks, BSE Midcap and Smallcap indices are up almost 1% each
The stock was up 4.4% at Rs 342 on the BSE.
The top gainers from the Sensex pack are NTPC, Tata Steel, Axis Bank, Wipro and GAIL
A combined 8.05 million equity shares, representing 0.76% stake of the company changed hands on the NSE and BSE till 10:13 am.
The board has decided to sell the entire IT business of the company on a slump sale basis to Infogain.
The stock rallied 7% to Rs 300 on the BSE in early morning trade.
The early indicator, SGX Nifty is up 42 points at 7,,884 levels
Financials were the top gainers along with index heavyweights
HDIL, Indiabulls Real Estate, IndusInd Bank, BOI, M&M and Maruti Suzuki were up more than 3% each on the NSE.
The stock was down 9% to Rs 298, extending its previous day's 5% decline on the BSE.
The stock soared 254% from Rs 138 to Rs 488 as compared to 7% decline in the CNX Nifty.
Markets extended gains in noon trades after the surprise rate cut by the RBI led by HDFC twins
HDFC, LIC Housing, Dewan Housing, Gruh Finance, Can Fin Homes and GIC Housing were up 1%-3% on the BSE.