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.
The stock hit a two-year high of Rs 142 on the BSE and zoomed 58% from Rs 90 on May 22, post Q4 results.
Britannia Industries, Emami, Dabur India, Hindustan Unilever and Marico were up by more than 3% each on the NSE.
The GDR Committee approved opening of issue of GDRs of the company.
Thus far in the current calendar year 2015, the stock surged 60% against 2.5% decline in the benchmark index.
At 10:40 AM, the Sensex is up 104 points at 26,790 levels and the Nifty has climbed 19 points at 8,067 mark
The stock rallied 16% to Rs 34.70, extending its 4% gain in past two trading sessions on the BSE.
The company approved allotment of 16,24,006 equity shares to promoters and 36,54,000 equity shares to FIIs
At 0930 hours, the stock was up 2% at Rs 944, extending its previous day's 4% rally on the BSE.
The company has raised price of Vitamin B3 (Niacin & Niacinamide) by 10% with immediate effect
The early indicator, SGX Nifty was up 22 points at 8,074
Provisionally, the Sensex climbed 138 points to end at 26,725 levels and the Nifty gained 46 points to close at 8,060 levels
The stock moved higher by 10% to Rs 35.30, bouncing back 15% from intra-day low of Rs 30.65 on the BSE.
Tata Steel, Hindalco, JSW Steel and SAIL hit 52-week lows on the NSE during intra-day trade.
FIPB deferred the bank's proposal for hiking the foreign investment limit in the bank from 48% to 55% for the second time
Two-day policy meeting of the US Fed Reserve's monetary committee due later during the day will be keenly awaited
The stock moved higher by 8% to Rs 660 after Cartica Capital acquired nearly 4% stake in the company via open market.
May trade deficit stood at 3-month low of $10.41 billion as against $10.99 billion in the month of April
In past two-months, the stock has fallen nearly 50% compared to 8% fall in the Sensex.
At 0953 hours, HPCL was up 2.3% at Rs 710, IOC 2% at Rs 361 and BPCL 1.6% at Rs 847 as compared to 0.33% fall in the Sensex.
The stock was up 2% at Rs 457 on the BSE in early morning trade.