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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 564 - Si Reporter/undefined

Sensex rallies 443 pts; Nifty holds 15,550; Maruti rises 7%, Hero Moto 6%

CLOSING BELL: Maruti Suzuki, Eicher Motors, Hero MotoCorp, Bajaj Auto, M&M, and Tata Motors were the top Nifty gainers, advancing between 3.5 per cent and 6.7 per cent

Sensex rallies 443 pts; Nifty holds 15,550; Maruti rises 7%, Hero Moto 6%
Updated On : 23 Jun 2022 | 3:45 PM IST

Sensex falls 710 pts, Nifty holds 15,400; Metal index drops 5%, RIL 3%

CLOSING BELL: In the broader markets, the Nifty MidCap100 and SmallCap100 indices fell up to 1.6 per cent.

Sensex falls 710 pts, Nifty holds 15,400; Metal index drops 5%, RIL 3%
Updated On : 22 Jun 2022 | 3:40 PM IST

This Rakesh Jhunjhunwala-owned stock hits new low; tanks 34% from IPO price

Star Health hit a record low of Rs 595, slipping 2.5 per cent on the BSE, its lowest level since its stock market debut.

This Rakesh Jhunjhunwala-owned stock hits new low; tanks 34% from IPO price
Updated On : 22 Jun 2022 | 3:14 PM IST

Elecon Engineering hits over 14-year high; stock zooms 83% in 3 months

An order inflow guidance of around Rs 1,000 crore for FY2023 provides revenue visibility over the near term, analysts said

Elecon Engineering hits over 14-year high; stock zooms 83% in 3 months
Updated On : 22 Jun 2022 | 1:47 PM IST

UPL slips 23% in a month post closure of buyback offer; hits 52-week low

UPL expects strong performance (10 per cent plus revenue growth and 12-15 per cent EBITDA growth) in the current fiscal year FY23.

UPL slips 23% in a month post closure of buyback offer; hits 52-week low
Updated On : 22 Jun 2022 | 12:04 PM IST

Zomato board to consider acquisition proposals on June 24; stock gains 4%

According to a Business Standard report, Zomato may acquire quick commerce player Blinkit

Zomato board to consider acquisition proposals on June 24; stock gains 4%
Updated On : 22 Jun 2022 | 11:50 AM IST

Biocon slips 4% despite arm denying bribery charges

At 10:26 AM, the stock of Biocon was down 3 per cent at Rs 316.10, as compared to 1 per cent decline in the S&P BSE Sensex

Biocon slips 4% despite arm denying bribery charges
Updated On : 22 Jun 2022 | 11:07 AM IST

Sensex zooms 934 pts, reclaims 52,500; Nifty tops 15,600; all sectors rally

CLOSING BELL: Beaten down PSB, Metal, and Energy (Oil and Gas) indices rose the most in today's trade. Related indices advanced between 4 per cent and 4.5 per cent

Sensex zooms 934 pts, reclaims 52,500; Nifty tops 15,600; all sectors rally
Updated On : 21 Jun 2022 | 3:34 PM IST

Suven Life freezes at 20% upper circuit as board to mull rights issue

The stock had hit a 52-week low of Rs 62 on June 20, 2022, and has corrected 50 per cent from its record high level of Rs 124 touched on October 8, 2021

Suven Life freezes at 20% upper circuit as board to mull rights issue
Updated On : 21 Jun 2022 | 3:25 PM IST

Sadbhav Engineering hits record low on weak earnings; tanks 52% in 1 month

India Ratings and Research expects the execution to remain sluggish in FY23, in view of the stretched liquidity position of the company

Sadbhav Engineering hits record low on weak earnings; tanks 52% in 1 month
Updated On : 21 Jun 2022 | 1:28 PM IST

KPR Mill slips 9%, hits 52-week low as investors fret demand slowdown

With 24% correction in June, the stock of the garments & apparels maker has corrected 38% from its record high level of Rs 771.80

KPR Mill slips 9%, hits 52-week low as investors fret demand slowdown
Updated On : 21 Jun 2022 | 12:31 PM IST

Eureka Forbes' MD & CEO resigns; stock surges 12% on heavy volumes

Eureka Forbes said the board of directors of the company has accepted the resignation of Marzin R. Shroff as the MD and Chief Executive Officer (Executive Director) of the company

Eureka Forbes' MD & CEO resigns; stock surges 12% on heavy volumes
Updated On : 21 Jun 2022 | 11:04 AM IST

KEC International jumps over 5% on securing multiple orders

The company has bagged multiple orders worth Rs 1,092 crore across its businesses in India and overseas.

KEC International jumps over 5% on securing multiple orders
Updated On : 21 Jun 2022 | 10:35 AM IST

KNR Constructions dips 4%, hits 52-week low on margin concerns

As on March 31, 2022, the company has an order book position of Rs 9,001 crore. With this, KNR has targeted further order book inflow of Rs 4,000 to Rs 5,000 crore for the year FY23.

KNR Constructions dips 4%, hits 52-week low on margin concerns
Updated On : 21 Jun 2022 | 10:18 AM IST

HDFC twins, HUL lift Sensex 237 pts; SmallCap index dips 3%; Metals plunge

CLOSING BELL: This was the first gain for benchmark indices in seven days

HDFC twins, HUL lift Sensex 237 pts; SmallCap index dips 3%; Metals plunge
Updated On : 20 Jun 2022 | 3:41 PM IST

Delta Corp tanks 10% as Rakesh Jhunjhunwala sells additional 5.7 mn shares

Post transactions, Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala's holding in Delta Corp has declined to 1.2 per cent or 3.25 million shares from 3.36 per cent as on June 14, 2022.

Delta Corp tanks 10% as Rakesh Jhunjhunwala sells additional 5.7 mn shares
Updated On : 20 Jun 2022 | 12:44 PM IST

Slowdown concerns drag Tata Steel, Hindalco; BSE Metal hits 15-month low

Global growth is projected to slowdown from an estimated 6.1% in 2021 to 3.6% in 2022. Given this, Tata Steel, Hindalco Industries, and Vedanta have shed up to 35 per cent in the past one month

Slowdown concerns drag Tata Steel, Hindalco; BSE Metal hits 15-month low
Updated On : 20 Jun 2022 | 12:09 PM IST

Greenlam surges 11% as board approves Rs 195-cr preferential issue to QIB

The board has approved issuance of up to 6.31 million equity shares to Smiti Holding and Trading Company Private Limited at a price of Rs 309 per share aggregating to Rs 195 crore

Greenlam surges 11% as board approves Rs 195-cr preferential issue to QIB
Updated On : 20 Jun 2022 | 11:03 AM IST

Crude Oil slumps 6%; ONGC, Oil India, Adani Total tumble up to 17%

Oil prices tumbled about 5 per cent to a three-week low on Friday, as investors feared that interest rate hikes from major central banks could slow the global economy and cut demand for energy.

Crude Oil slumps 6%; ONGC, Oil India, Adani Total tumble up to 17%
Updated On : 20 Jun 2022 | 10:11 AM IST

Elgi Equipments bucks weak market trend; zooms 54% in five weeks

The company remains optimistic with respect to growth in FY23 and are well prepared to achieve revenue targets for the year

Elgi Equipments bucks weak market trend; zooms 54% in five weeks
Updated On : 17 Jun 2022 | 1:39 PM IST