 "SI Reporter")
SI Reporter
SI Reporter
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.
Page 920 - Si Reporter
Nucleus Software plunges over 15% on disappointing Q1 results
The stock plunged 18% to Rs 277 after reported 42% YoY drop in net profit at Rs 6.79 crore in June quarter.
 "Nucleus Software plunges over 15% on disappointing Q1 results")
Exide Industries hits 52-week low on weak Q1 results
The stock dipped 3% at Rs 139 after the company reported a 16% Y-o-Y decline in net profit at Rs 155 crore for the June quarter.
 "Exide Industries hits 52-week low on weak Q1 results")
JBF Industries hits record high ahead of board meet
The stock up 2% at Rs 313 on the NSE ahead of the board meeting today to consider fund raising plan via preferential issue.
 "JBF Industries hits record high ahead of board meet")
Markets may have a positive start
At 8.20am, the SGX Nifty was at 8488, up 15 points, and the Asian markets were trading mixed.
 "Markets may have a positive start")
BoB net down 23% but stock up 10%
High staff expenses, depreciation in investments dent bottom line, though less than expected
 "BoB net down 23% but stock up 10%")
Nifty reclaims 8,400 mark on firm macro data, global cues
The Sensex surged 142 points to close at 27,705 and the Nifty surged 47 points to end at 8,422
 "Nifty reclaims 8,400 mark on firm macro data, global cues")
Force Motors zooms over 70% in three weeks
The stock has zoomed by 71% from Rs 1,483 to Rs 2,532 in the past three weeks, compared to a 0.45% rise in the Sensex.
 "Force Motors zooms over 70% in three weeks")
Dr Reddy's gains 5% as Q1 profit beats forecast
The company posted net profit of Rs 626 crore in the June quarter against an average analyst estimate of Rs 569 crore.
 "Dr Reddy's gains 5% as Q1 profit beats forecast")
Hikal dips on disappointing June quarter results
The stock dipped 9% to Rs 126 after reporting a sharp 68% YoY decline in net profit at Rs 1.83 crore in June quarter.
 "Hikal dips on disappointing June quarter results")
Markets trim gains ahead of July F&O expiry
Top 5 losers on the Sensex include Sun Pharma, Infosys, Vedanta, TCS and Tata Steel down between 1-2%
HDFC gains on board nod to raise upto Rs 5,000 crore
The board has approved issue of NCDs/warrants upto Rs 5,000 crore
 "HDFC gains on board nod to raise upto Rs 5,000 crore")
JMT Auto hits new high; zooms nearly 300% in five-weeks
Since June 25, the market value of auto parts & equipment manufacturer has zoomed nearly 300% from Rs 29 to Rs 110.
 "JMT Auto hits new high; zooms nearly 300% in five-weeks")
IndusInd Bank hits record high
The stock touched a record high of Rs 971 on the BSE in intra-day trade today and rallied 9% post Q1 results.
 "IndusInd Bank hits record high")
Cipla surges after its partner Sandoz received USFDA nod for a key drug
Sandoz received a USFDA nod to launch a generic version of Pulmicort respules (budesonide)
 "Cipla surges after its partner Sandoz received USFDA nod for a key drug")
NIIT soars over 50% in two weeks post Q1 results
The stock has surged by 10% to a 52-week high of Rs 80.95 this morning, rallying by 56% in the past two weeks from Rs 52.
 "NIIT soars over 50% in two weeks post Q1 results")
Navin Fluorine International surges as Q1 profit more than doubles
The stock surged 9% to Rs 1,265, also its record high on the BSE.
 "Navin Fluorine International surges as Q1 profit more than doubles")
Logistics stocks gain on Cabinet nod for GST changes
Gati, Patel Integrated, Blue Dart, Snowman Logistics, Transport Corporation and Container Corporation are up 3-8% each.
 "Logistics stocks gain on Cabinet nod for GST changes")
Markets have a positive start; Nifty above 8,400
At 9.18am, the Sensex was at 27,701, higher by 132 points or 0.5% and Nifty was at 8,412, up 37 points.
Nifty likely to open above 8,350; July F&O expiry eyed
The Federal Reserve statement hinted strongly that it may raise interest rates in September
 "Nifty likely to open above 8,350; July F&O expiry eyed")
Markets snap 4-day losing streak
Provisionally, the Sensex ended 105 points higher at 27,564 level and the Nifty gained 43 points to close at 8,380
 "Markets snap 4-day losing streak")