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.
Greece, F&O expiry for June series to keep sentiment in check
Provisionally, the Sensex closed higher by 76.29 points at 27,806.50 and the Nifty gained 27.95 points at 8,381.05
The stock rallied 9% to Rs 1,044, extending its previous day's nearly 10% surge on the BSE.
L&T, Thermax, Crompton Greaves, VA Tech Wabag, SKF India and Lakshmi Machine were up 2% to 7% on the BSE.
The company bagged orders worth USD 82.06 million (around Rs 5,21.7 crore) from Senegal for building their transportation system.
Gains were led by engineering major L&T while profit taking in IT majors capped upside gains
The board will consider bonus issue in the ratio of 1:1 at the AGM scheduled for July 17
In past one-month, the stock has outperformed the market by gaining 12% compared to less than 1% rise in the Sensex.
Infosys, Hero Moto, Lupin, ICICI Bank and Wipro have slipped between 1-2%
The stock rallied 11% to Rs 158 on the BSE on the back of heavy volumes.
Lavjibhai Dungarbhai Daliya and Anjani Residency Private Limited made an open offer at a price of Rs 63 per share.
Union Bank, Punjab National Bank, Bank of Baroda, Syndicate Bank and Oriental Bank were up 3%-5% on the NSE.
The stock surged 27% to Rs 53.40 on the BSE in early morning trade.
Financials and information technology shares were the top Sensex gainers
In addition to financials, IT majors also firmed in late noon trades
Oyxcodone HCL liquid.is used for treating moderate to sever acute and chronic pain
Since June 11, Bank Nifty has surged 1,071 points or 6.2% from 17,304 compared to 4.7% gain in the benchmark index.
Axis Bank, ICICI Bank, Tata Motors, SBI and BHEL are up 2-4%
The board will meet on July 2 to mull an acquisition in Europe in the same line of business
Thus far in June 2015, the stock outperformed the market by surging 29% compared to nearly 1% fall in Sensex.