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 broader markets underperformed the benchmarks by a wide margin. The BSE MidCap and SmallCap indices ended with meagre gains of 0.05 per cent and 0.4 per cent, respectively.
With today's gain, the stock has advanced 64 per cent higher over the issue price on the BSE.
The personal products maker said that its revenue growth was in double digits in the October-December quarter (Q3), but its volume growth is expected to be flat.
Mirza Internataional hit a 4-year high on soaring 20 per cent in intra-day trades on the BSE after the company said one of its promoters bought 100,000 equity shares via open market recently.
According to CRISIL, sugar mills are expected to see both revenue and profitability improve in the 2022 season (SS 2022; October 2021 to September 2022).
Telecom services provider Tata Teleservices (Maharashtra) zoomed 2,778%, while auto components maker Automotive Stampings & Assembles has surged 2,476% in the past one year.
The company announced that its board will meet on Thursday, January 06, 2022 to consider proposals for bonus issue of equity shares and interim dividend
The gains came even as India's manufacturing activity lost some momentum in December, with the Manufacturing PMI easing to a three-month low of 55.5
In the past three months, TCS (up 2.5 per cent) has underperformed its peers Infosys (up 14 per cent), Wipro (13 per cent) and Tech Mahindra (30 per cent) by a wide margin.
APL Apollo said Q3FY22 sales volume of 402,729 tons declined QoQ due to channel de-stocking in anticipation of steel price correction and extended monsoons, which impacted the construction activity.
According to rating agency CRISIL, the domestic textile industry is firmly on course to recover in fiscal 2022 on the back of reopening of businesses, educational institutions and retail outlets.
Shares of Apollo Micro Systems rallied 15 per cent on the BSE in Monday's intra-day trade amid back of heavy volumes to hit a fresh 52-week high of Rs 189.40
Royal Enfield brand reported 43 per cent rise in month-on-month sales of 73,739 units in the month of December 2021.
Stock market LIVE: A slew of positive macro economic data coupled with supportive overseas cues helped the markets rally today
The move is expected to boost participation as investors and institutions can hedge underlying positions in the stock.
The project valued close to Rs 190 cr received from High Court of Madhya Pradesh for the complete digitisation and implementation of video surveillance systems and live audio-visual streaming system
On November 30, 2021, Nomura India Investment Fund Mother Fund and Nomura Funds Ireland have collectively purchased 1 million shares of Go Fashion at price of Rs 1,277.97 per share
According to a report, Hindujas are considering increasing their stake in IndusInd Bank after the Reserve Bank of India (RBI) eased ownership rules for the country's private sector banks
House wires and stainless steel wires saw strong demand, which should continue in October-March period (H2FY22) as well, analysts
On Tuesday, November 30, 2021, Vijay Kishanlal Kedia purchased 205,524 shares, representing 1.66 per cent stake in Talbros Automotive, via bulk deals on the NSE