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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 460 - Si Reporter/undefined

Sensex slips 248 pts, Nifty near 19,600; Bajaj Auto zooms 6.5%, Nestle 3.5%

Closing Bell on Thursday, October 19, 2023: Bajaj Auto, LTIMindtree, and Nestle India were the top gainers, soaring 6.5%, 6%, and 3.5%, respectively, post their September quarter results

Sensex slips 248 pts, Nifty near 19,600; Bajaj Auto zooms 6.5%, Nestle 3.5%
Updated On : 19 Oct 2023 | 4:22 PM IST

This PSU stock is down 10% for 2nd day after 51% rally in preceding 4 days

In the past two days, the stock of the public sector undertaking (PSU) company has declined 19 per cent

This PSU stock is down 10% for 2nd day after 51% rally in preceding 4 days
Updated On : 19 Oct 2023 | 3:07 PM IST

MMTC at lower circuit, sinks 19% in 2 days on reports govt may wind it down

From its 52-week low of Rs 26.4 touched on April 28 this year, the stock had leaped 237 per cent to a new 52-week high of Rs 89 on October 17, Tuesday

MMTC at lower circuit, sinks 19% in 2 days on reports govt may wind it down
Updated On : 19 Oct 2023 | 2:13 PM IST

Shakti Pumps zooms 20% on Rs 1,603-crore order win from MSEDCL

The company has received a Letter of Empanelment from MSEDCL for 50,000 Off-Grid SPWPS pumps for the entire state of Maharashtra

Shakti Pumps zooms 20% on Rs 1,603-crore order win from MSEDCL
Updated On : 19 Oct 2023 | 10:40 AM IST

Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens

Closing Bell on Wednesday, October 18, 2023: Brent crude futures jumped 3 per cent after Iran called for sanctions and oil embargo against Israel

Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens
Updated On : 18 Oct 2023 | 4:15 PM IST

This defence-related stock soared 14.5% in weak market, hit record high

From its March 2023 lows, shares of Astra Microwave Products has more-than-doubled by surging 106 per cent on the bourses

This defence-related stock soared 14.5% in weak market, hit record high
Updated On : 18 Oct 2023 | 12:57 PM IST

Biocon slips 4% after USFDA asks for corrective measures at Malaysian unit

The USFDA has determined the inspection classification as 'OAI' (Official Action Indicated) post inspection of Biocon's step-down subsidiary in Malaysia.

Biocon slips 4% after USFDA asks for corrective measures at Malaysian unit
Updated On : 18 Oct 2023 | 10:35 AM IST

Hudco plunges 9% as govt begins partial stake sale via OFS at discount

The floor price for the sale, however, has been set at Rs 79 apiece, which is 12 per cent lower than Tuesday's closing price pf Rs 89.9 per share

Hudco plunges 9% as govt begins partial stake sale via OFS at discount
Updated On : 18 Oct 2023 | 10:04 AM IST

Sensex snaps 3-day losing run, gains 261 pts in broad-based rally

Closing Bell on Tuesday, October 17, 2023: On the National Stock Exchange (NSE), the Nifty50 shut shop 80 points, or 0.40 per cent, higher at 19,812.

Sensex snaps 3-day losing run, gains 261 pts in broad-based rally
Updated On : 17 Oct 2023 | 4:04 PM IST

Newgen Software soars 14%, hits new high on strong September quarter result

The company said the healthy earnings were driven by strong growth in the banking and financial services segment across geographies

Newgen Software soars 14%, hits new high on strong September quarter result
Updated On : 17 Oct 2023 | 3:50 PM IST

Karur Vysya Bank surges 7% post record Q2 profit; stock hits 6-year high

The bank reported its highest-ever quarterly profit of Rs 378 crore for the quarter ended September 2023, up 51 per cent from a year ago period.

Karur Vysya Bank surges 7% post record Q2 profit; stock hits 6-year high
Updated On : 17 Oct 2023 | 12:40 PM IST

Sensex dips 116 pts; Broader indices shine; PSB, metal stocks rally

Closing Bell on October 16, 2023:JSW Steel, Tata Steel, Axis Bank, HCL Tech, Power Grid, M&M, Power Grid, Titan, and NTPC were the top Sensex gainers, up between 0.5 per cent and 1.7 per cent

Sensex dips 116 pts; Broader indices shine; PSB, metal stocks rally
Updated On : 16 Oct 2023 | 4:02 PM IST

3 CPSE stocks are locked in 20% upper circuits, hitting multi-year highs

Shares of STC India, ITDC, and KIOCL from the S&P BSE CPSE index were locked at 20 per cent upper circuit, hitting multi-year highs

3 CPSE stocks are locked in 20% upper circuits, hitting multi-year highs
Updated On : 16 Oct 2023 | 3:25 PM IST

These 2 factors dragged SpiceJet 11% lower today after surging 19% Friday

SpiceJet stock news: The stock of SpiceJet had soared 19.4 per cent last Friday, October 13, after a report had said that Gangwal was looking to buy stake in the airline

These 2 factors dragged SpiceJet 11% lower today after surging 19% Friday
Updated On : 16 Oct 2023 | 1:56 PM IST

Venus Remedies zooms 20%; gets nod for 6 chemotherapy drugs in Philippines

The company has secured marketing authorisation for bortezomib cisplatin, doxorubicin, docetaxel, flurouracil and paclitaxel from the Philippines.

Venus Remedies zooms 20%; gets nod for 6 chemotherapy drugs in Philippines
Updated On : 16 Oct 2023 | 12:52 PM IST

Skipper surges 8% on fresh order win worth Rs 588 crore

In the past six months, the stock price of Skipper has zoomed 131 per cent as compared to 10.5 per cent rise in the S&P BSE Sensex

Skipper surges 8% on fresh order win worth Rs 588 crore
Updated On : 16 Oct 2023 | 11:37 AM IST

GSFC hits record high, up 9% on heavy volumes and stable business outlook

The higher stock levels, coupled with likely momentum to be achieved in fresh production/imports, FY24 is likely to witness a situation of comfortable availabilities in the fertilizer sector

GSFC hits record high, up 9% on heavy volumes and stable business outlook
Updated On : 16 Oct 2023 | 11:00 AM IST

Delta Corp slips 9% on additional GST shortfall notice worth Rs 6,384 crore

The stock was quoting at its lowest level since November 2020, and has tanked 51 per cent from its 52-week high level of Rs 259.95 touched on June 28, 2023

Delta Corp slips 9% on additional GST shortfall notice worth Rs 6,384 crore
Updated On : 16 Oct 2023 | 9:59 AM IST

Tata Motors zooms 5% to fresh high; DVR shares jump 4% amid EV subsidy buzz

According to media reports, the government is working on a policy to support local manufacturing of electric cars, a decision likely to provide a level playing field for the industry

Tata Motors zooms 5% to fresh high; DVR shares jump 4% amid EV subsidy buzz
Updated On : 13 Oct 2023 | 2:45 PM IST

HDFC AMC surges 6% on strong Q2 results; NAM India hits 52-week high

HDFC AMC reported healthy performance in Q2-FY24 with around 4.7% QoQ growth in AUM to Rs 5.23 trillion and market share remaining steady at 11.2%

HDFC AMC surges 6% on strong Q2 results; NAM India hits 52-week high
Updated On : 13 Oct 2023 | 1:35 PM IST