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 surged 11% to Rs 1,685 on the BSE.
Adani Power hit 52-week low of Rs 38.45, while Adani Ports down 1% at Rs 321 on the NSE.
The stock hit a high of Rs 692, bouncing back 13% from early morning low of Rs 610 touched on the NSE.
The stock moved higher by 2% to Rs 1,692, rebounding 3% from early morning low on the NSE.
Total income in the Jan-Mar quarter surged from Rs 10,439 crore to Rs 11,511 crore on year-on-year basis
By 11:20, the 30-share Sensex was at 27,920 up 91 points and the Nifty rose by 23 points at 8,457
Thus far in 2015, the stock has underperformed the market, by falling 15% compared with 1% gain in the S&P BSE Sensex.
The company reported net profit of Rs 22 crore in March 2015 quarter against Rs 4.5 crore in year ago quarter.
The company reported a 44% decline in its final quarter net profit, on the back of the Ranbaxy acquisition
By 9:30, the 30-share Sensex was flat at 27,829 and the Nifty dipped 2 points at 8,432
The stock surged 9% to Rs 1,128 after reporting nearly three-fold rise in net profit at Rs 169 crore in March quarter.
Provisionally, the Sensex closed 321 points higher at 27,828 levels and the Nifty ended 113 points higher at 8,432 mark
On May 28, Sundaram BNP Paribas Mutual Fund bought 987,735 equity shares of NRB Bearings at Rs 107 per share.
Bharti Infratel, Container Corp, Lupin, Eicher Motors, Bharat Forge, Marico, Shree Cement and UPL were up 1%-6% each on the NSE.
At 13:35, the Sensex was trading higher by 159 points at the 27,666 mark and the Nifty gained 59 points at 8,378
The stock dipped 8% to Rs 159 on the BSE.
The stock hit a new high of Rs 437, and has zoomed by 93% in the past six trading sessions on the NSE from Rs 226 on May 21.
On May 28, Sundaram Mutual Fund purchased 170,000 equity shares of Ador Welding at Rs 209.50 per share.
At 11:37, the Sensex was trading higher by 295 points at 27,802 mark and the Nifty gained 92 points at 8,411
HPCL surged 6% to Rs 674, while BPCL hit a new high of Rs 852 on the NSE in intra-day trade.