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.
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
Shareholding by FIIs/FPIs has reached the trigger limit
At 12.15 PM, the 30-share Sensex is down 36 points at 27,141 and the 50-share Nifty has lost 7 points at 8,207
The stock opened at Rs 199 and touched a high of Rs 218 on the BSE
Maruti Suzuki India, Reliance Communications and Ramco Systems are likely to react to newsflow
The Senior Secured Notes with a tenure of 5 1/2 years due in 2020 carry a coupon rate of 6.5% per annum, payable semi annually
The stock slipped 11% to Rs 127 after reporting 80% QoQ decline in consolidated net profit at Rs 3.29 crore in March quarter.
The stock rallied 6% to Rs 322 on the NSE.
The stock is down 5% at Rs 1,280, extending its previous day's 18% fall on the NSE.
At 10:28AM, the 30-share Sensex was up 162 points at 27,339 and the 50-share Nifty was up 42 points at 8,255.
At 9:35AM, the 30-share Sensex was up 22 points at 27,199 and the 50-share Nifty was up 3 points at 8,216.