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 July 22, the BSE market capitalisation fell by Rs 11,22,834 crore to Rs 93,83,643 crore today.
Provisionally, the Sensex crashed 559 points to end at 25,206 and the Nifty slumped 165 points to end at 7,658
At 1:55 PM, the Sensex slumped 623 points at 25,142 and the Nifty tumbled 189 points at 7,634
The stock was up 5% to Rs 322 on the BSE in otherwise weak market.
The company has launched first ever generic Duloxetine DR (delayed-release) capsule in 40mg dosage strength.
On September 3, Swiss Finance Corp sold 2.7 million shares and Barclays Capital Mauritius sold 1.22 million shares through bulk deals.
The Sensex had dumped 551 points at 25,214 and the Nifty slipped 171 points at 7,649
At 09:59 AM, the S&P BSE Bankex dipped 669 points or 3.5% at 18,271 against 2.2% fall in the S&P BSE Sensex.
Cipla EU has entered into definitive agreements to acquire two US-based companies, InvaGen and Exelan Pharma.
The early indicator SGX Nifty is 0.3% down at 7,816.50 levels
Sensex ended higher by 311.22 points at 25,764.78 and the 50-share Nifty gained 106 points at 7,823
Provisionally, the Sensex closed 320 points higher at 25,774 and the Nifty closed 113 points higher at 7,830 levels
Thus far in 2015, the stock outperformed the market by gaining 72% compared to 6% fall in the S&P BSE Sensex.
Top 5 gainers on the Sensex include Tata Steel, HDFC, Vedanta, Tata Motors and BHEL are up between 3-4.5%
The stock moved higher by 12% to Rs 1,539 on the BSE.
The stock soared 15% to Rs 165, extending its previous day's 19% surge after the Cabinet approved auction of 69 oil & gas fields and also approved separate policy for these fields.
The order from Oil India is for setting up a solar power plant and its 25-year maintenance contract
The stock zoomed 65% in past two months compared to 8.4% decline in the S&P BSE Sensex.
The order is for supply of carbon steel pipes worth Rs 528 crore
The board has approved merger of Jet Lite (India) with the company