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 moved higher by 5% to Rs 141 after it entered into a JV for manufacturing specialty tractor - Steeltrac.
RIL stock has contributed nearly one-third or 171 points of the 30-share Sensex 487 points gain in past five trading sessions.
BHEL, Bharti Airtel, L&T, CIL and Tata Power are the top gainers
The stock up 1% at Rs 1,783 on the BSE.
At 12.20 PM, the Sensex is quoting at 29,012, up 133 points and the Nifty is at 8,819 up 38 points.
The second unit was commissioned at Dainik Bhaskar Power Ltd's upcoming 2x600MW thermal power project located at Dhabra in Jangir Champa District of Chhattisgarh,
The stock rallied 9% to Rs 964 after reported 50% yoy jump in standalone net profit at Rs 9.48 crore in March quarter.
There is a lot of action on the broader market front; the midcap index has strengthened by 0.6% and the smallcap index has raced ahead by nearly 1%.
The stock surged 6% to Rs 595 on the Bombay Stock Exchange.
The stock moved higher by 9% to Rs 161 on NSE after the company has bagged new order worth Rs 46.53 crore from Hindustan Prefab Ltd an Government of India Enterprise.
Thus far in April, the stock of real estate developer has surged 40% compared with 3.3% rise in the CNX Nifty.
HDFC MF, Sundaram MF and Reliance MF purchased a combined 6.21% stake in Sanghvi Movers at Rs 261 per share.
The capital goods and banking stocks are among the gainers in this morning's trades, while the auto pack is trading weak.
Board approves conversions of funded interest term loan to the maximum of Rs 313 crore of the CDR lenders into equity shares
At 8:25AM, the early indicator SGX Nifty was up 10 points at 8,827
The 30-share Sensex provisionally ended down 51 points at 28,835 and the 50-share Nifty slipped 11 points at 8,767.
The company has divested stake in its Australian subsidiary to Eris Pharma for an undisclosed amount.
At 1.15 PM, the 30-share Sensex is down 91 points at 28,794 and the 50-share Nifty has shed 33 points at 8,746
The stock rallied 105% to Rs 252 from Rs 123 on March 31, on the National Stock Exchange.
The gains in the oil and gas space have been offset by losses on the pharma counters.