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 surged 19% to Rs 296, also its record high on BSE.
The stock rallied nearly 9% to Rs 250, also its record high on the NSE, during intra-day trade.
The stock plunged 20% after its board approved the issue of equity shares at Rs 130 per share to the promoters on preferential basis.
The Sensex is lower by 73 points at 28,430 and the Nifty has dipped 22 points at 8,626
The stock zoomed 110% to Rs 1,870 from Rs 889 on December 17, 2014 compared with 7% rise in the Sensex.
The top losers on the Sensex are Sesa Sterlite, NTPC, Cipla, Hindalco and Bharti Airtel down between 2-4%.
The board has approved the acquisition of Birla Textile Mills as ongoing concern from Chambal Fertilisers and Chemicals Ltd, on a slump sale basis
The stock was down 4% at Rs 216, trading at its lowest level since July 2009 on BSE.
Merrill Lynch Capital Markets Espana SA SV sold 5,79,213 shares of Ganesh Housing Corporation Ltd at Rs 105.05 on Friday on the NSE
The stock rallied 19% to Rs 45 after the company said it has received orders worth of Rs 332 crore from Assam and Nagaland governments.
Upper Ganges Sugar locked in upper circuit of 20% at Rs 40.80, while Oudh Sugar Mills rallied 18% to Rs 20.30 on BSE.
At 9:28, the Sensex was lower by 8 points at 28,495 and the Nifty dipped 9 points at 8,639
In past one week, the stock declined 18% compared with 1.5% fall in the CNX Nifty.
At 8:30AM, the early indicator SGX Nifty was down 20 points at 8,672.
Idea Cellular, Bharti Airtel and Reliance Communications have rallied between 10-20% in past four trading days on the NSE.
The 30-share Sensex provisionally ended down 427 points at 28,503 and the 50-share Nifty closed 114 points lower at 8,662.
Thus far in 2015, the stock dipped 30% compared with 5% rise each in the CNX Nifty and Bank Nifty.
The stock moved higher by 9% to Rs 162, bouncing back 12% from intra-day low of Rs 145 on the NSE.
The 30-share Sensex was down 271 points at 28,658 and the 50-share Nifty was down 79 points at 8,697
So far in 2015, the stock down 16% compared with 4.4% rise in the CNX Nifty and 7% gain in CNX Auto index.