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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 542 - Si Reporter/undefined

Stock of this fintech company has tanked 70 per cent from its record high

With 28 million shares opening up on November 15, 2022, along with 4 million shares that were already unlocked for AIF / FVCI investors, the float for PB Fintech is expected to go up significantly

Stock of this fintech company has tanked 70 per cent from its record high
Updated On : 17 Oct 2022 | 4:43 PM IST

Sensex zooms 491 pts, Nifty tops 17,300; PSBs soar, Electronics Mart up 42%

CLOSING BELL: Sectorally, the Nifty PSU Bank index climbed 3.6 per cent, Nifty Bank index 1.6 per cent, Nifty Financial Services and Private Bank indices up to 1.5 per cent

Sensex zooms 491 pts, Nifty tops 17,300; PSBs soar, Electronics Mart up 42%
Updated On : 17 Oct 2022 | 3:36 PM IST

Avenue Supermarts slips 3% to hit 8-week low after margin squeeze in Q2

The management said that the inflationary stress is more acute at lower price points in discretionary non-FMCG categories.

Avenue Supermarts slips 3% to hit 8-week low after margin squeeze in Q2
Updated On : 17 Oct 2022 | 1:26 PM IST

Nifty PSU Bank index surges 2%; Canara Bank, Bank of Baroda gain over 3%

Operational performance is expected to remain positive across lenders, given steadier yields. Thus, robust recovery in earnings is expected in PSU banks, ICICI Securities said

Nifty PSU Bank index surges 2%; Canara Bank, Bank of Baroda gain over 3%
Updated On : 17 Oct 2022 | 12:01 PM IST

Electronics Mart makes strong debut; lists at 53% premium over issue price

The stock listed at Rs 90, a 53 per cent premium to its issue price of Rs 59 per share on the National Stock Exchange (NSE) on Monday.

Electronics Mart makes strong debut; lists at 53% premium over issue price
Updated On : 17 Oct 2022 | 10:38 AM IST

Bajaj Auto gains 2% in a weak mkt after net profit climbs 20% YoY in Q2FY23

The management expects Q3 to be better than Q2 with supply chain visibility being much better

Bajaj Auto gains 2% in a weak mkt after net profit climbs 20% YoY in Q2FY23
Updated On : 17 Oct 2022 | 9:58 AM IST

Sensex jumps 685pts, Nifty ends near 17,200; Infosys, HDFC, HDFC Bank shine

CLOSING BELL: A sharp pull-back in the US overnight triggered the relief rally in our markets on Friday. Benchmark indices however pared gains in the latter half of the trading day.

Sensex jumps 685pts, Nifty ends near 17,200; Infosys, HDFC, HDFC Bank shine
Updated On : 14 Oct 2022 | 4:15 PM IST

RITES surges 9% on order worth Rs 499 crore from Bangalore Metro Rail

The company has secured a new business order for construction of depot-cum-workshop. RITES will have 51% share in the order

RITES surges 9% on order worth Rs 499 crore from Bangalore Metro Rail
Updated On : 14 Oct 2022 | 4:00 PM IST

Federal Bank zooms 6%; hits new peak on highest ever quarterly profit in Q2

In Q2FY23, Federal Bank also recorded its highest ever net interest income of Rs 1,762 crore, which was up 19 per cent YoY

Federal Bank zooms 6%; hits new peak on highest ever quarterly profit in Q2
Updated On : 14 Oct 2022 | 2:20 PM IST

Nykaa hits lowest level since listing; stock slips 53% from record high

With this recent fall, the market price of Nykaa has tanked 53 per cent from its record high level of Rs 2,574, which it had touched on November 26, 2021

Nykaa hits lowest level since listing; stock slips 53% from record high
Updated On : 14 Oct 2022 | 2:02 PM IST

L&T gains 3% on significant order wins for water & effluent treatment biz

So far this month, L&T has won a total of five 'significant' orders across diverse segments

L&T gains 3% on significant order wins for water & effluent treatment biz
Updated On : 14 Oct 2022 | 12:28 PM IST

This auto stock zoomed 54% in 2 weeks on 5 mn warrants issue to Vijay Kedia

Shares of Atul Auto continued its northward movement and surged 12 per cent to hit 52-week high of Rs 289.55 apiece in Friday's intra-day trade

This auto stock zoomed 54% in 2 weeks on 5 mn warrants issue to Vijay Kedia
Updated On : 14 Oct 2022 | 11:26 AM IST

Anand Rathi Wealth hits record high, soars 8% on strong Q2 results

Anand Rathi Wealth reported strong growth in asset under management (AUM) of 16 per cent YoY at Rs 35,842 crore.

Anand Rathi Wealth hits record high, soars 8% on strong Q2 results
Updated On : 14 Oct 2022 | 10:39 AM IST

Apollo Micro surges 10%; boards okays warrants issue up to Rs 185 crore

The company said it will issue 1.9 million warrants to Nexpact Limited, Mauritius and 1.2 million warrants to Maybank Securities Pte. Ltd.

Apollo Micro surges 10%; boards okays warrants issue up to Rs 185 crore
Updated On : 14 Oct 2022 | 10:22 AM IST

Sensex slips 391 pts, Nifty holds 17K ahead of US CPI data; Wipro cracks 7%

CLOSING BELL: The NSE Nifty 50 swung wildly in a range of 17,112 to 16,957 as the weekly F&O expiry was in focus. The index finally settled with a loss of 107 points at 17,017 .

Sensex slips 391 pts, Nifty holds 17K ahead of US CPI data; Wipro cracks 7%
Updated On : 13 Oct 2022 | 4:17 PM IST

Rama Steel issues warrants to Shankar Sharma; stock hits 10% upper circuit

The company allotted 1,625,000 convertible warrants at an issue price of Rs 112.50 each to Shankar Shashi Sharma on preferential basis

Rama Steel issues warrants to Shankar Sharma; stock hits 10% upper circuit
Updated On : 13 Oct 2022 | 2:26 PM IST

Ugar Sugars soars 12% on heavy volumes; stock spikes 165% in a year

The stock of sweetener hit a six month high and quoted at its highest level since April 2022

Ugar Sugars soars 12% on heavy volumes; stock spikes 165% in a year
Updated On : 13 Oct 2022 | 1:13 PM IST

Maharashtra Seamless up 10%, hits new high on stock split, bonus issue plan

In the past one year, the stock has appreciated by 100 per cent on the back of robust financial performance and strong order book position.

Maharashtra Seamless up 10%, hits new high on stock split, bonus issue plan
Updated On : 13 Oct 2022 | 12:37 PM IST

Astec Lifesciences hits record high in a weak mkt; stock up 24% in 3 days

The stock of pesticides & agrochemicals company surpassed its previous high of Rs 2,178.85, which it had touched on July 20, 2022

Astec Lifesciences hits record high in a weak mkt; stock up 24% in 3 days
Updated On : 13 Oct 2022 | 11:14 AM IST

Adani Wilmar falls 4% on low single digit revenue growth guidance for Q2

The company, however, remains optimistic on their brand equity, and is hopeful of sequential improvement in demand trends with easing retail inflation and good monsoon

Adani Wilmar falls 4% on low single digit revenue growth guidance for Q2
Updated On : 13 Oct 2022 | 10:35 AM IST