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 rallied 6% to Rs 71 after gross NPAs declined to 5.88% in the March quarter from 5.94% in the December quarter.
The stock tanked 13.4% to Rs 554, its sharpest intra-day fall since February 2011 on the NSE.
All the sectoral indices are in the red, with auto, IT and metal stocks doing the most damage.
The stock dipped almost 7% to Rs 463 on the NSE in early morning trades.
The early indicator, SGX Nifty has declined 58 points at 8,296 levels
Provisionally, the Sensex lost 82 points to end at 27,562 and the Nifty dipped 20 points to close at 8,351
The stock hit a record high of Rs 945 in intra-day trade and rallied 44% in past two weeks on the BSE.
The stock has moved higher by 8% to Rs 91.65, its highest level since July 2011 on the NSE.
By 14:05, the Sensex was lower by 156 points at 27,489 and the Nifty slipped by 45 points at 8,325.
Since April 23, the stock has appreciated nearly 200% from Rs 154 to Rs 449 compared to a 1% decline in the CNX Nifty.
In the past two trading sessions, the stock declined 6% to Rs 332 from Rs 353 on May 21 on the NSE.
The stock was up 3% at Rs 306 and hit a new high of Rs 310, since its listing on April 30, on the NSE in intra-day trade.
By 11:53, the Sensex was lower by 56 points at 27,588 and the Nifty slipped by 15 points at 8,355
The stock had listed at Rs 387, a 2.4% premium against its issue price of Rs 378 per share; At 1004 hours, the stock was trading at Rs 377
The stock rallied 9% to Rs 535 after reporting a 71% YoY jump in net profit at Rs 17.04 crore in the March 2015 quarter.
By 9:55, the Sensex was lower by 63 points at 27,581 and the Nifty has slipped by 17 points at 8,353
The company has fixed June 04, 2015 as the record date for the purpose of scheme of arrangement & demerger.
The stock dipped 10% to Rs 52.65 after reporting a sharp 66% YoY drop in net profit at Rs 15.81 crore in the March quarter.
Grasim Industries, IOC, Tata Motors, Tech Mahindra and Dish TV are likely to be in the limelight this morning
Provisionally, the Sensex ended at 27,646.92, weaker by 310.58 points and the Nifty was at 8,367.65, down 91.30 points