 "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 922 - Si Reporter
Markets turn choppy; BHEL gains, Tata Motors dips 2.5%
Tata Motors, Hero Moto, Bharti Airtel, Tata Steel and Cipla have slipped between 1-3%
 "Markets turn choppy; BHEL gains, Tata Motors dips 2.5%")
Power Finance Corporation extends fall post stake sale
The stock dipped 3.5% to Rs 245, extending its previous day's 2% fall on the BSE.
 "Power Finance Corporation extends fall post stake sale")
GM Breweries zooms over 70% in one week on strong Q1 results
The stock zoomed 74% in the past one week from Rs 159 to Rs 277 compared to a 2.2% decline in S&P BSE Sensex.
 "GM Breweries zooms over 70% in one week on strong Q1 results")
KEC International gains as Q1 profit more than doubles
The stock surged 5% to Rs 158 after the company reported net profit of Rs 30 crore in June quarter against Rs 11 crore in the year-ago quarter.
 "KEC International gains as Q1 profit more than doubles")
Markets have a quiet start; Nifty above 8,350
BHEL, L&T, ICICI Bank and Maruti Suzuki are the prominent gainers on the BSE, while Tata Motors, ONGC and Wipro drag
Torrent Pharma hits new lifetime high on strong Q1 results
The stock rallied 9% to Rs 1,520 after the company posted a 75% Y-o-Y rise in consolidated net profit at Rs 449 crore in the June quarter.
 "Torrent Pharma hits new lifetime high on strong Q1 results")
Pre-Market: Maruti Suzuki, HDFC in focus
Markets are likely to trade subdued following negative cues from the global peers
 "Pre-Market: Maruti Suzuki, HDFC in focus")
P-Notes, China worries drag Sensex 2% lower
Provisionally, Sensex dropped 529 points to close at27,583 and the Nifty shed 160 points to close at 8,362 levels
 "P-Notes, China worries drag Sensex 2% lower")
Nestle India gains 3% on the NSE
On July 24, Nestle India announced that Mr. Etienne Benet, managing director, is leaving the company with effect from July 25, 2015.
 "Nestle India gains 3% on the NSE")
Century Enka rallies over 10% on healthy Q1 results
The stock rallied 13% to Rs 194 after the company posted 57% YoY jump in net profit at Rs 14 crore in June quarter.
 "Century Enka rallies over 10% on healthy Q1 results")
Geometric soars over 10% post Q1 results
The stock surged 11% to Rs 128 after the company reported net profit of Rs 19 crore in the June quarter against Rs 3 crore in the March quarter.
 "Geometric soars over 10% post Q1 results")
Sensex slumps over 400 points; Nifty breaks 8,400
The Shanghai Composite slumped 8.5% at 3,725.56, suffers biggest one-day loss since Feb 2007
 "Sensex slumps over 400 points; Nifty breaks 8,400")
KDDL zooms 20% on preferential issue plan to SAIF Partners
The board approved the issue of equity shares to SAIF India V Fll Holdings at a price of Rs 297.50 per share.
 "KDDL zooms 20% on preferential issue plan to SAIF Partners")
Rajesh Exports gains on Valcambi acquisition
The company has acquired Valcambi in an all-cash deal worth $400 million
Tata Motors, Tata Steel, ONGC, Gail India, Vedanta hit 52-week low
Bank of India, Canara Bank, Dena Bank, Uco Bank & Indian Overseas Bank from public sector banks hits 52-week low.
 "Tata Motors, Tata Steel, ONGC, Gail India, Vedanta hit 52-week low")
SpiceJet nears 52-week high on talk of stake sale
The company said that a few parties had approached it and evinced interest in making investments.
 "SpiceJet nears 52-week high on talk of stake sale")
Lumax Industries surges 20% on robust Q1 results
The company reported net profit of Rs 11.36 crore in the June quarter against Rs 4.98 crore in the year-ago quarter.
 "Lumax Industries surges 20% on robust Q1 results")
Sensex falls 300 points; P-Notes concern, global markets weigh
According to Deven Choksey, Finance Secretary has clarified that this is just a recommendation and not a law
 "Sensex falls 300 points; P-Notes concern, global markets weigh")
Power Finance Corporation stake sale begins; stock falls
The stock has under-performed the market thus far in 2015, declining by 14% compared to a 2% rise in S&P BSE Sensex.
 "Power Finance Corporation stake sale begins; stock falls")
Indian Overseas Bank hits 52-week low on weak Q1 results
The stock dipped 6% to Rs 35.80 after the bank reported a 95% YoY decline in net profit at Rs 14.76 crore in the June quarter.
 "Indian Overseas Bank hits 52-week low on weak Q1 results")