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.
In the past three months, the stock outperformed the market by surging 27% compared to sub-3% rise in CNX Nifty.
Investors remain wary ahead of the key results to be posted by some of the largecaps including Lupin, Wipro and GAIL
The stock rallied nearly 13% to Rs 188, its sharpest intra-day gain since June 2009, on the National Stock Exchange.
Dr Reddy, Coal India, Maruti and RIL are bolstering the indices; Tata Steel, HUL, ONGC and ICICI Bank cap the upside.
The stock surged 9% to Rs 116 after the company said its operating profit margins improved by 510 basis points In the June quarter.
The stock touched a 52-week high of Rs 552 on the BSE in intra-day trades and at 09:30 am, it was up 2% at Rs 547.
Gail India, Dr Reddy's and Wipro are leading the gains on the BSE, while Tata Steel and Vedanta are seeing pressure pressure.
Markets are likely to remain range-bound following mixed trend in the global markets
Provisionally, the Sensex ended at 28,504.93, up 322.79 points while Nifty rose 8,631.90 up 102.45 points
At 03:16 PM, the stock was down 12% at Rs 37 on the NSE.
Shares of Entertainment Network soared 17% to Rs 850, while TV Today Network surged 14% to Rs 242 on the NSE.
The company posted nearly 12% growth in net profit at Rs 64.20 crore for the quarter ended June 30, 2015
The rally was led by RIL along with HDFC and FMCG majors ITC and HUL
The stock rallied 5% to Rs 855 after the company reported an eight-fold jump in consolidated net profit at Rs 58 crore in the June quarter.
Since March, the stock has outperformed the market by gaining 27% compared to a 1% rise in the CNX Nifty.
Top 5 gainers on the Sensex include HUL, Sun Pharma, HDFC, Bajaj Auto and Cipla up between 2-3%
In past three months, the stock underperformed the market by falling 28% as compared to 1.5% rise in the CNX Nifty
The stock gained 4% at Rs 689 after the company reported a 21% y-o-y jump in profit at Rs 511 crore in the June quarter.
The stock had hit a record high of Rs 21,620 on Tuesday, outperforming the market with gains of 45% in the past three months compared to a 1% rise in the CNX Nifty.
The top gainers on the Sensex are HUL, Sun Pharma, Cipla, Bajaj Auto and M&M up between 1.3-2% each