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.
Provisionally, the Sensex rebounded around 700 points from the day's low of 25,298 to end the session at 26,092, higher by 351 points or 1.3% and the Nifty settled at 7,907, up 98 points or 1.2%.
In the past one month, the stock has outperformed the market by surging 34% compared to a 6% decline in the Sensex.
JSW Holdings, Jagran Prakashan, Shoppers Stop, Rajesh Exports and BEML are among those surged over 15% from intra-day's lows.
The board will meet on August 31 to consider and recommend allotment of bonus shares
The company has raised Rs 375 crore via non-convertible debentures
The stock soared 13% to Rs 429, bouncing back 17% from its intra-day lows of Rs 366 on the BSE.
The Indian rupee is currently trading at 66.35, stronger by 29 paise
The stock was trading higher by 2.8% at Rs 107, bouncing back nearly 13% from its intra-day low of Rs 95 on the BSE.
Top gainers include NTPC, Vedanta, Hindalco, Coal India, ICICI Bank up between 3-5%
In the past two trading sessions, the smallcap index has tanked 11% against a 6.5% fall in the benchmark index.
Infosys was the top loser along with pharma shares
At 10:43 AM, the stock was up 2% at Rs 849 after rallying nearly 7% to Rs 888 on the BSE in early morning trades.
Vedanta raised Rs 2,000 crore from State Bank of India via non-convertible debentures (NCDs)
Reliance Power and Adani Power are trading at lifetime lows, while Tata Power, PTC India and GMR Infra are at 52-week lows.
Banks, IT and pharma shares were among the top gainers while HDFC and NTPC were the top losers
Glenmark's product costs Rs 19.90 per tablet compared with about Rs 45 for other gliptins
Financials were among the top gainers on short covering and value buying
ICICI Bank, Tata Motors, ONGC, Tata Steel, Hindalco, Gail, NTPC and Vedanta are 30-share Sensex scrips to touch their respective 52-week lows.
BSE's total market capitalisation declined by Rs 704,256 crore to Rs 95,28,536 crore today.
As many as 537 stocks out of a total of 2,835 companies traded on the BSE fell to the maximum permissible limit.