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 drug maker is scheduled to report its first quarter numbers on Thursday, July 30, 2015.
Maamba Collieries has achieved financial closure of its integrated coal & power project of an estimated cost of USD 828 million.
DSM has selected Wipro as its strategic IT partner to provide workplace services
Investors will keenly await for the outcome of the two-day US Federal Reserve policy meet later today
The top gainers on the Sensex are Infosys, Hindalco, HDFC, Wipro and Vedanta
The stock rallied 12% to Rs 368 on the NSE.
The stock surged 14% to Rs 725 after the company posted profit of Rs 42 crore in June quarter against loss of Rs 27 crore in a year ago quarter.
In past one-week the stock rallied 24% as compared to 3.5% fall in the S&P BSE Sensex.
Derivatives expiry for the month of July, which is due tomorrow, could also provide some volatility to the markets
Select financial shares were among the top losers
The stock dipped 9% to Rs 90 after the bank reported 38% YoY fall in net profit at Rs 302 crore in June quarter.
HDIL, DLF, Godrej Properties, Prestige Estates, Sobha and Unitech were down 1%-5% on the NSE.
Top 5 losers on the BSE include ICICI Bank, Hero Motocorp, Tata Motors, HDFC and Bharti Airtel down between 1-3%
Goodyear India, Ceat, Apollo Tyres, JK Tyre & Industries and MRF were 1%-5% on the BSE.
Net profit for Apr-Jun 2015 surged 26% to Rs 49 crore compared with Rs 36 crore last fiscal
The stock dipped almost 5% to Rs 156 after the bank reported a lower-than-expected net profit of Rs 130 crore in the June quarter.
The stock surged 10% to Rs 706 after the company reported a 28% Y-o-Y jump in net profit at Rs 50.49 crore in the June quarter.
Investors remain edgy ahead of the F&O expiry due on Thursday
Tata Motors, Hero Moto, Bharti Airtel, Tata Steel and Cipla have slipped between 1-3%
The stock dipped 3.5% to Rs 245, extending its previous day's 2% fall on the BSE.