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 company is expecting net profit of Rs 20 crore (approx) in the year 2015-16 against Rs 4.50 crore in the year 2014-15.
The 30-share Sensex was down 120 points at 29,260 and the 50-share Nifty was down 45 points at 8,878
The stock up 9% at Rs 166, extending its 22% rally in past two trading sessions on BSE.
The stock rallied 7% to Rs 514 on back of heavy volumes.
The company decided to split its stock in order to make its shares more affordable to small investors
China has lowered its economic growth target to 7% this year compared with 7,4% last year
Sun Pharma, Lupin, Cipla, AstraZeneca, Sparc, Indoco Remedies, Shasun Pharma and Strides Arcolab up 2-16% on BSE.
The broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are 0.6-0.7%
The stock rallied 12% to Rs 1,121 after the company said has sold 981 vehicles in Feb, 2015 against 447 vehicles sold in Feb, 2014.
The 30-share Sensex was up 65 points at 29,445 and the 50-share Nifty was up 12 points at 8,935.
The stock opened at Rs 183 and touched a high of Rs 186 on BSE
The stock was 3% at Rs 237, extending its 4% fall, after it revised the capex for FY16 from $1.2 billion to $ 500 million.
The 30-share Sensex was up 44 points at 29,424 and the 50-share Nifty was up 7 points at 8,929.
Shares of Pipavav Defence have slipped 10% to Rs 69 while Reliance Infra has surged 3.39% to Rs 491 on the BSE
Markets are likely to open lower amid mixed global cues
Provisionally, the 30-share Sensex ended down 213 points at 29,380 and the 50-share Nifty closed down 74 points at 8,922
Bank Nifty touched a low of 19,619 has fallen 923 points from its intra-day high of 20,542 hit in opening trade.
The stock hit a record high of Rs 4,048 on NSE in intra-day trade today.
The Sensex was 231 points higher at 29,824 levels, while the CNX Nifty gained 58 points to 9,055 levels
In past one year, the stock zoomed 674% from Rs 137 on March 4, 2014 against 40% rise in the S&P BSE Sensex.