 "SI Reporter")
SI Reporter
SI Reporter
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.
Page 969 - Si Reporter
Cairn India rebounds from 52-week low
The moved higher by 3% to Rs 221,bouncing back 9% from its 52-week low of Rs 202 touched on the NSE in early morning trade.
 "Cairn India rebounds from 52-week low")
CNX IT index drops 3%; Infosys hits three-month low
Infosys,Tech Mahindra, Rolta India, Polaris Consulting, Tata Elxsi and KPIT Techno were down 4%-9% on the NSE.
 "CNX IT index drops 3%; Infosys hits three-month low")
Crompton Greaves dips on Avantha's stake sale in CP division at a lower price
Avantha Holdings plans to sell its entire 34% stake in Crompton Greaves' consumer products business for Rs 2,000 crore
 "Crompton Greaves dips on Avantha's stake sale in CP division at a lower price")
DLF dips on Supreme Court notice regarding SEBI appeal
SC has issued a notice on a plea by Sebi, challenging SAT in relation to the aforementioned company
 "DLF dips on Supreme Court notice regarding SEBI appeal")
Steel Strips Wheels gains as Q4 net profit nearly trebles
The stock moved higher by 8% to Rs 344 after reported net profit of Rs 11.9 crore in March quarter against Rs 4.3 crore in a year ago quarter.
 "Steel Strips Wheels gains as Q4 net profit nearly trebles")
Symphony dips over 25% in three days on brokerage downgrade
Since January 2015, the stock rallied 62% from Rs 1,947 to Rs 3,151 on April 21, compared with 1% rise in CNX Nifty.
 "Symphony dips over 25% in three days on brokerage downgrade")
Sasken Communication falls on disappointing Q4 results
The board approved the proposal for buy-back of 4.6 million equity shares at a price of Rs 260 per share through tender offer.
 "Sasken Communication falls on disappointing Q4 results")
Crisil erases early gains on profit booking
The stock rallied nearly 17% on the NSE in early morning trade after it announced share buyback plan.
 "Crisil erases early gains on profit booking")
Markets extend losses; Nifty breaks 8,350
Banking and capital goods stocks are dragging the indices lower in the mid-morning session.
 "Markets extend losses; Nifty breaks 8,350")
Sensex down over 100 points; Cipla, Vedanta slip over 3%
At 11:40AM, the 30-share Sensex was down 160 points at 27,575 and the 50-share Nifty was down 58 points at 8,340.
 "Sensex down over 100 points; Cipla, Vedanta slip over 3%")
Cera Sanitaryware extends fall post Q4 earnings
The stock dipped 7% to Rs 2,039, extending its previous day's 16% fall on the NSE.
 "Cera Sanitaryware extends fall post Q4 earnings")
Markets open lower; Infosys bucks weak trend
At 9.40 AM,The 30-share Sensex is down 117 points at 27,618 and the 50-share Nifty has lost 42 points at 8,356
 "Markets open lower; Infosys bucks weak trend")
Cairn India hits 52-week low on weak Q4 results
The stock dipped almost 6% at Rs 202, also its 52-week low on the NSE in early morning trade.
 "Cairn India hits 52-week low on weak Q4 results")
Top 10 stocks to watch in trade today; Infosys in focus
Infosys will release its March quarter earnings later today. CRISIL, Cairn India, Crompton Greaves in focus
 "Top 10 stocks to watch in trade today; Infosys in focus")
Sensex drops 189 points to end below 28,000
Provisionally, the 30-share Sensex ended down 189 points at 27,701 and the 50-share Nifty shed 39 points to close at 8,391
 "Sensex drops 189 points to end below 28,000")
YES Bank extends intra-day gain on board nod to hike FII/FPI limit to 74%
The stock rallied 7% to Rs 853 on the National Stock Exchange.
 "YES Bank extends intra-day gain on board nod to hike FII/FPI limit to 74%")
L&T Finance Holdings gains post Q4 results
The stock up 4% at Rs 66.45 on the NSE after reporting 10% yoy jump in its consolidated net profit at Rs 206 crore in March quarter.
 "L&T Finance Holdings gains post Q4 results")
KSB Pumps dips on weak March quarter profit
The stock dipped 7% to Rs 607 on the NSE after reporting a profit of Rs 6.4 crore in March quarter against Rs 15.1 crore in a year ago quarter.
 "KSB Pumps dips on weak March quarter profit")
Markets extend losses; Nifty slips below 8,400
NTPC, SBI, M&M, ONGC and Wipro are the top losers
Markets under pressure; Sensex slips below 27,800
The auto and capital goods space are exerting pressure on the indices in noon trades.