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 14% to Rs 25.85 on the BSE.
Amtek India, Amtek Auto and Ahmednagar Forgings were down 5%-11% on the National Stock Exchange.
In past three trading sessions, the stock dipped 6% compared with 1.2% fall in the CNX Nifty.
The stock rallied 20% to Rs 123, bouncing back 29% from its 52-week low of Rs 96 touched in early trade on the NSE.
BHEL, RIL, CIL, Infosys and Maruti Suzuki are the top losers
The stock locked in lower circuit of 5% at Rs 147 on the NSE, down 19% against its issue price of Rs 181 per share.
By 11.30 AM, the Sensex is up 24 points at 28,285 and the Nifty has climbed 3 points at 8,574
The company said it is seeking legal advise on the next steps and will take appropriate action
The board will meet on March 25 to consider and approve details of the proposed Rs 7,500 crore rights issue.
Market breadth is negative with 1,251 declines and 815 advances on the BSE
The board will meet on March 28, to discuss the issue of bonus shares to existing shareholders of the company.
The stock up 6% to Rs 91.30 on the BSE after it turned ex-stock split for 10:1.
The stock dipped 14% to Rs 142 on the BSE in early morning trade.
By 9:47, the Sensex was higher by 9 points at 28,269 and the Nifty slipped 2 points at 8,567
At 8:35AM, the early indicator SGX Nifty was up 11 points at 8,624.
The 30-share Sensex provisionally ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
SPARC, Natco Pharma, Ajanta Pharma, Strides Arcolab, Suven Life and Shasun Pharma down 5-17% on the BSE.
The stock has moved higher by 4% to Rs 243, bouncing back nearly 8% from the intra-day low of Rs 226 on the NSE.
ICICI Bank, Canara Bank, Federal Bank, Bank of Baroda, Axis Bank and Bank of India were down 1-3% on the NSE.
The stock is up 2.5% at Rs 651 on the National Stock Exchange