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.
Since June 11, the S&P BSE Mid-cap index has rallied 10% against a 9% rise in the Small-cap index and 6.8% gain in Sensex.
The stock surged 16% to Rs 2,193 after reported net profit of Rs 15.67 crore for the quarter ended June 30, 2015.
The stock hit intra-day low of Rs 132 after asset quality worsened in April-June quarter
IT shares firmed up on hopes of order from Europe while lower crude oil prices also aided sentiment
Franklin Templeton MF has acquired 417,868 equity shares at Rs 220.57 per share
Meanwhile, the historic deal between Iran and global powers has improved the trading sentiments
At 1059 hours, the stock was up less than 1% at Rs 378, declining nearly 2% from intra-day highs on the BSE.
The rally in the markets is led by Auto followed by capital goods shares.
Educomp Solutions, Aptech, NIIT, MT Educare, Career Point and Zee Learn were up 2%-14% each on the BSE.
At 8.20am, the Asian markets were largely in the green and the SGX Nifty was up 0.2% at 8,484.
The stock dipped 7% to Rs 137, declining 9% from its intra-day high on the BSE.
Provisionally, the Sensex lost 28 points to end at 27,933 and the Nifty shed 6 points to close at 8,454
The stock dipped 6% to Rs 88.25 on the BSE on back of heavy volumes.
The stock moved higher by 6% to Rs 443 after reporting 35% yoy growth in consolidated net profit at Rs 58.50 crore in June 2015 quarter.
It increased its daily seat deployment on the domestic network by 1,000 seats with addition of new services
Rate sensitive sectors capped upside gains as rising CPI dashed hopes of rate cut by RBI
The stock rallied 15% to Rs 318 on the BSE on back of heavy volumes.
The Bombay High Court approved the merger of Sterling Holiday Resorts with Thomas Cook (India)
The eighth straight decline in WPI number was mainly on the back of weak fuel prices
In past two months, the stock of automobile major slipped 24% as compared to nearly 3% rise in the Sensex.