 "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 926 - Si Reporter
Pantaloons Fashion soars over 15% on tie-up with Flipkart
The stock has soared almost 20% to Rs 234, also its lifetime high, on the NSE.
 "Pantaloons Fashion soars over 15% on tie-up with Flipkart")
Markets remain weak; Infosys, Axis Bank down over 1%
Infosys, HDFC Bank, Axis Bank and Reliance Industries are to announce their earnings during the week.
 "Markets remain weak; Infosys, Axis Bank down over 1%")
Aurobindo Pharma turns ex-bonus; stock hits new high
The stock has turned ex-bonus in the ratio of 1:1 i.e. one equity share for every one equity share held in the company.
 "Aurobindo Pharma turns ex-bonus; stock hits new high")
Inox Leisure rallies over 10% on robust Q1 results
The stock rallied 15% to Rs 239, also its record high, on the BSE.
 "Inox Leisure rallies over 10% on robust Q1 results")
Federal Bank slips 10% on weak Q1 results
The bank's gross NPA rose to 2.59% in the June quarter from 2.04% in the March quarter.
 "Federal Bank slips 10% on weak Q1 results")
ACC dips on disappointing Q2 results
The stock dipped 3% at Rs 1,443 after the company reported a 45% YoY decline in its consolidated net profit at Rs 133 crore in the June quarter.
 "ACC dips on disappointing Q2 results")
Pre-Market: Markets may have a muted start
At 8.20am, the Singapore SGX Nifty was up 10 points at 8,642.
 "Pre-Market: Markets may have a muted start")
Markets end flat amid lacklustre trades
Provisionally, the Sensex ended at 28,476 levels up 29 points and the Nifty closed flat at 8,614 levels up 6 points
 "Markets end flat amid lacklustre trades")
NIIT hits 52-week high on strong Q1 results
The stock soared 17% to Rs 60.90 after the company reported a net profit of Rs 15 crore in the June quarter as against Rs 60 lakh in the year-ago quarter.
 "NIIT hits 52-week high on strong Q1 results")
Castex Technologies down 5% for fourth straight day
Since June 17, the stock of auto parts & equipment makers had rallied 109% from Rs 173 to Rs 362 on July 13.
 "Castex Technologies down 5% for fourth straight day")
Bharti Infratel gains on talk of acquiring telecom towers
The company plans to acquire telecom towers of Idea Cellular and Vodafone
 "Bharti Infratel gains on talk of acquiring telecom towers")
HDFC Group shares keep markets rangebound; Infosys, TCS up 0.5%
Profit taking was seen in HDFC Group shares even as IT shares traded firm
 "HDFC Group shares keep markets rangebound; Infosys, TCS up 0.5%")
Deep Industries zooms 20% on promoter buying
On July 14, Manoj Savla J/w Paras Savla & Dharen Savla purchased 100,000 equity shares through open market.
 "Deep Industries zooms 20% on promoter buying")
Crompton Greaves gains on order from Saudi firm
The company will provide ZIV protections for Saudi Electricity Company
 "Crompton Greaves gains on order from Saudi firm")
Fag Bearings gains on robust profit in June quarter
Profit for the June quarter was up 20% at Rs 49 crore compared to same quarter last fiscal
Markets witness profit-booking amid consolidation
However, there is action in the broader market with BSE Midcap and Smallcap indices up 0.2% and 0.7% each
Markets in consolidation mode; Nifty hovers at 8,600
Sectorally, metal and pharma stocks are leading the gains on the BSE, while banking stocks are trading subdued.
 "Markets in consolidation mode; Nifty hovers at 8,600")
Titagarh Wagons gains on acquisition of Italy's Firema Trasporti
The stock is up 7% to Rs 120 after the company announced its foray into metro coach and high-speed train manufacturing.
 "Titagarh Wagons gains on acquisition of Italy's Firema Trasporti")
Mindtree gains post Q1 results, acquisition of two companies
The stock was up 4% at Rs 1,277 on the BSE.
 "Mindtree gains post Q1 results, acquisition of two companies")
Markets turn flat; HDFC down nearly 2%
The downside is the result of financial and select auto shares; however, the losses are capped by pharma shares.