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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 573 - Si Reporter/undefined

Sensex falls 992 pts from day's high, ends 137 pts down; SBI sheds 5%

CLOSING BELL: SBI was the biggest laggard on the index, down nearly 5 per cent, as the lender's Q4 missed Street's estimates

Sensex falls 992 pts from day's high, ends 137 pts down; SBI sheds 5%
Updated On : 13 May 2022 | 3:41 PM IST

Tata Motors gains 10% amid narrowed Q4 net loss, strong demand outlook

The company guided for robust demand prospects (JLR order-book at 1.68 lakh units, up 13,000 units QoQ) coupled with healthy profitability going forward

Tata Motors gains 10% amid narrowed Q4 net loss, strong demand outlook
Updated On : 13 May 2022 | 12:38 PM IST

Indus Towers hits 52-week low as stock turns ex date for interim dividend

The company has fixed Tuesday, May 17, 2022, as the 'record date' for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend of Rs 11 per share.

Indus Towers hits 52-week low as stock turns ex date for interim dividend
Updated On : 13 May 2022 | 11:02 AM IST

Matrimony.com surges 14% as board approves share buyback via tender offer

The board has recommended a buyback of equity shares not exceeding Rs 75 crore at an indicative maximum buyback price not exceeding Rs 1,150 per equity share.

Matrimony.com surges 14% as board approves share buyback via tender offer
Updated On : 13 May 2022 | 9:48 AM IST

Indices end at 9-wk lows ahead of CPI inflation data; Sensex drops 1,158pts

CLOSING BELL :: The S&P BSE Sensex opened gap-down and sunk 1,386 points intra-day to hit a low of 52,702 levels

Indices end at 9-wk lows ahead of CPI inflation data; Sensex drops 1,158pts
Updated On : 12 May 2022 | 3:39 PM IST

Birla Corporation down 7%; stock hits 52-week low on growth worries

The management remained cautious over profitability of cement companies in the near future as it does not anticipate any relief in cost pressure.

Birla Corporation down 7%; stock hits 52-week low on growth worries
Updated On : 12 May 2022 | 3:13 PM IST

Paytm hits all-time low; tanks 62% thus far in 2022 on FPI selling

Foreign portfolio investors' (FPIs) holding in Paytm has declined by 4.94 percentage points to 4.42 per cent in March 2022 quarter.

Paytm hits all-time low; tanks 62% thus far in 2022 on FPI selling
Updated On : 12 May 2022 | 12:16 PM IST

Relaxo Footwears slips 10% on weak March quarter results

In Q4FY22, EBITDA margin was down 596 bps to 15.9% due to steep increase in raw material prices and extra support to trade towards GST rate differential on inventory.

Relaxo Footwears slips 10% on weak March quarter results
Updated On : 12 May 2022 | 10:22 AM IST

Punjab National Bank tanks 10%, hits 52-week low on weak Q4 results

In Q4FY22, the bank's standalone net profit dropped 66 per cent YoY to Rs 201 crore as the bank set aside Rs Rs 325 crore on account of a fraud.

Punjab National Bank tanks 10%, hits 52-week low on weak Q4 results
Updated On : 12 May 2022 | 9:56 AM IST

Sensex ends 277pts lower, Nifty 73pts; L&T, Bajaj twins slip; banks rebound

In the primary market, Venus Pipes & Tubes IPO was subscribed 2 times on Day 1 of the offer period; Delhivery IPO was off to a slow start.

Sensex ends 277pts lower, Nifty 73pts; L&T, Bajaj twins slip; banks rebound
Updated On : 11 May 2022 | 3:40 PM IST

Infosys hits over 10-month low; stock down 14% in a month

In the past one month, the stock of information technology (IT) major has declined 14 per cent after operating performance missed estimates in March quarter (Q4FY22).

Infosys hits over 10-month low; stock down 14% in a month
Updated On : 11 May 2022 | 2:27 PM IST

Bonus issue fails to lift Ajanta Pharma; stock hits 52-week low on weak Q4

In Q4FY22, Ajanta's earnings before interest, taxes, depreciation, and amortization declined 20 per cent year-on- year to Rs 207 crore.

Bonus issue fails to lift Ajanta Pharma; stock hits 52-week low on weak Q4
Updated On : 11 May 2022 | 12:27 PM IST

This Rakesh Jhunjhunwala owned stock has tanked 65% from its 52-week high

In the past one month, the market price of Nazara Technologies has tanked 29 per cent, as compared to a 8 per cent decline in the S&P BSE Sensex.

This Rakesh Jhunjhunwala owned stock has tanked 65% from its 52-week high
Updated On : 11 May 2022 | 11:21 AM IST

City gas distributor stocks gain up to 9% post March quarter results

At 10:00 am; CGD stocks were up in the range of 4 per cent to 7 per cent, as compared to 0.43 per cent decline in the S&P BSE Sensex.

City gas distributor stocks gain up to 9% post March quarter results
Updated On : 11 May 2022 | 10:18 AM IST

Kansai Nerolac slips 6%, hits 52-week low as Q4 PAT declines 81%

The management said the quarter witnessed impact in terms of demand for decorative business on account of the steep price increase taken towards the end of Q3FY22.

Kansai Nerolac slips 6%, hits 52-week low as Q4 PAT declines 81%
Updated On : 11 May 2022 | 9:46 AM IST

Tata Steel slips 10% in 5 days post March quarter results

With the recent fall, the stock has corrected 24 per cent from its 52-week high level of Rs 1,534.60 that it had touched on August 16, 2021.

Tata Steel slips 10% in 5 days post March quarter results
Updated On : 10 May 2022 | 3:19 PM IST

This stock has zoomed 174% in 21 days after reversal of trade suspension

Shares of Kohinoor Foods were locked in upper circuit for the 21 straight trading days, up 5 per cent at Rs 21.30 on the BSE.

This stock has zoomed 174% in 21 days after reversal of trade suspension
Updated On : 10 May 2022 | 1:42 PM IST

Sun Pharma slips over 2% after USFDA issues observations for Halol facility

In the past five days, the stock has fallen over 5 per cent. In comparison, the S&P BSE Sensex declined 3.75 per cent during the same period

Sun Pharma slips over 2% after USFDA issues observations for Halol facility
Updated On : 10 May 2022 | 1:23 PM IST

Dabur hits 52-week low; slips 10% in one week on disappointing Q4 results

The company's revenue growth was impacted by the slowdown in rural demand. While the rural overhang will continue in H1FY23, with good monsoon predictions, rural demand can improve in H2FY23.

Dabur hits 52-week low; slips 10% in one week on disappointing Q4 results
Updated On : 10 May 2022 | 12:30 PM IST

Adani Wilmar down for 8th straight day; slips 34% from 52-wk high level

Post the sharp share price rally since listing, brokerage firm JPMorgan find the stock's risk-reward unattractive. Analysts have downgraded their stance to 'underweight' with a target price of Rs 525.

Adani Wilmar down for 8th straight day; slips 34% from 52-wk high level
Updated On : 10 May 2022 | 11:27 AM IST