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 company posted a net profit of Rs 14.25 crore for the March 2015 quarter as against Rs 5.84 crore in the December 2014 quarter.
Provisionally, the 30-share Sensex ended 194 points lower at 27,202 and the 50-share Nifty lost 49 points to close at 8,237
Idea Cellular dipped 5% to Rs 183, while Bharti Airtel dipped 4% at Rs 385 on the BSE.
The stock rallied 6% to Rs 109 on the NSE.
ICRA has reaffirmed the long-term rating of ICRA A assigned to DLF's Rs 4,000 crore non-convertible debenture programme
At 13:03PM, the 30-share Sensex was up 33 points at 27,433 and the 50-share Nifty was up 11 points at 8,297
Shares of ice cream maker zoomed 40% to Rs 490 from Rs 350 on April 24, compared with 1% fall in the CNX Nifty.
At 1044 hours, Alembic Pharma was up 6% at Rs 479 and Torrent Pharma by 5% at Rs 1,248 on the NSE.
The stock dipped 12% to Rs 1,550 on the NSE.
At 10:20am, the Sensex and Nifty were trading lower by 0.5% each
Till 0949 hours, a combined 2.14 million shares changed hands and there were pending sell orders for 2.88 million shares on the NSE and BSE.
The company has received orders from Gail (India) and overseas orders from Botswana and Poland
The stake is being acquired by its affiliate Reco Berry Pvt Ltd at Rs 222 per share
The stock was up 5% at Rs 488 on the NSE in early morning trade.
At 9:20 am, the Sensex is at 27,294, down 102 points or 0.34% and the Nifty is at 8253, down 33 points.
Telecom shares such as Bharti Airtel and Idea Cellular will be in focus post March quarter earnings
The 30-share Sensex provisionally ended up 154 points at 27,331 and the 50-share Nifty ended up 51 points at 8,265.
The stock moved higher by nearly 5% to Rs 3,815, extending its previous day's 3% gain on the NSE.
The company reported a consolidated net profit at Rs 144 crore in March quarter against Rs 12.62 crore in a year ago quarter.
Both the BSE Midcap and Smallcap indices, up 0.5% each have performed better than the front-liners