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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 686 - Si Reporter/undefined

Auto stocks rally as GST Council set to mull tax cut on two-wheelers

The GST meeting on September 17 might take up the two-wheeler rate issue to spur sales ahead of the festive season

Auto stocks rally as GST Council set to mull tax cut on two-wheelers
Updated On : 26 Aug 2020 | 10:44 AM IST

Can Fin Homes zooms 9% on healthy June quarter result, dividend bounty

Can Fin Homes' net profit grew 15 per cent to Rs 93.15 crore for the quarter under review, as against Rs 80.98 crore in the corresponding quarter previous fiscal

Can Fin Homes zooms 9% on healthy June quarter result, dividend bounty
Updated On : 26 Aug 2020 | 10:36 AM IST

Va Tech Wabag to raise Rs 120 crore; stock declines over 7.5%

The proposed investors include marquee investors and high net worth individuals (HNIs) such as Rekha Rakesh Jhunjhnwala.

Va Tech Wabag to raise Rs 120 crore; stock declines over 7.5%
Updated On : 26 Aug 2020 | 10:11 AM IST
MARKET: Sensex slips 433 pts ahead of AGR hearing; Nifty Bank down over 2%
Updated On : 14 Aug 2020 | 4:11 PM IST

Bank stocks crack; Nifty Bank index declines over 3%; Axis Bank, BoB dip 4%

The Federal Bank, ICICI Bank, IndusInd Bank, HDFC Bank, and Bandhan Bank slipped in the range of 1.5-3 per cent

Bank stocks crack; Nifty Bank index declines over 3%; Axis Bank, BoB dip 4%
Updated On : 14 Aug 2020 | 3:38 PM IST

Ramco Cements slips over 2.5% as Q1 PBT drops 43% to Rs 157.5 crore

The company said the progress of the ongoing capex programme has been delayed due to Covid-19.

Ramco Cements slips over 2.5% as Q1 PBT drops 43% to Rs 157.5 crore
Updated On : 14 Aug 2020 | 2:43 PM IST

Hindalco dips 1.5% on Rs 709 crore loss in June quarter

At 2:24 pm, the stock was trading 0.5 per cent lower at Rs 182.6 on the BSE, as against 593 points, or 1.56 per cent, dip in the S&P BSE Sensex

Hindalco dips 1.5% on Rs 709 crore loss in June quarter
Updated On : 14 Aug 2020 | 2:29 PM IST

Parag Milk Foods up 7% on launching a new product in its premium category

The profit margins of dairy companies are expected to increase in the September quarter after a sharp contraction in the March and June quarters.

Parag Milk Foods up 7% on launching a new product in its premium category
Updated On : 14 Aug 2020 | 1:43 PM IST

Telecom stocks trade flat ahead of today's SC hearing on AGR payments

In its last hearing, the SC had asked the Centre to prepare a plan for recovering AGR dues from bankrupt telecom operators

Telecom stocks trade flat ahead of today's SC hearing on AGR payments
Updated On : 14 Aug 2020 | 1:28 PM IST

Balkrishna Ind drops 5% post weak Q1 result; declares dividend of Rs 3/sh

Consolidated profit before tax (PBT) fell 32.5 per cent to Rs 172.27 crore, as against Rs 255.15 crore in Q1FY19

Balkrishna Ind drops 5% post weak Q1 result; declares dividend of Rs 3/sh
Updated On : 14 Aug 2020 | 1:28 PM IST

Redington India in focus; shares jump 18% post June quarter nos

The company's net profit declined 19.31 YoY per cent to Rs 88.78 crore.

Redington India in focus; shares jump 18% post June quarter nos
Updated On : 14 Aug 2020 | 12:38 PM IST

Hero MotoCorp shares slip 2% after June quarter profit plunges 95% YoY

The company is already seeing green shoots, and expects them to sustain and get stronger as it moves toward the festive season

Hero MotoCorp shares slip 2% after June quarter profit plunges 95% YoY
Updated On : 14 Aug 2020 | 11:24 AM IST

Nifty Pharma index rallies nearly 3%; Lupin surges 10%, Cipla, Cadila up 3%

All the 10 constituents of the Nifty Pharma index were trading in the green.

Nifty Pharma index rallies nearly 3%; Lupin surges 10%, Cipla, Cadila up 3%
Updated On : 14 Aug 2020 | 11:20 AM IST

Greaves Cotton dips 3% post Q1 nos; Nagesh Basavanhalli steps down as CEO

The Board of the company approved the resignation of Nagesh Basavanhalli as Managing Director and CEO and appointed him as the Vice Chairman (Non-Executive) with immediate effect

Greaves Cotton dips 3% post Q1 nos; Nagesh Basavanhalli steps down as CEO
Updated On : 14 Aug 2020 | 11:16 AM IST

3M India slides 4% on consolidated net loss of Rs 43 crore in June quarter

It's standalone net loss came in at Rs 39.91 crore during the quarter under review, compared to Rs 84.9 crore profit in the year-ago period

3M India slides 4% on consolidated net loss of Rs 43 crore in June quarter
Updated On : 14 Aug 2020 | 10:32 AM IST

BPCL dips 1% despite 93% YoY jump in Q1 PAT of Rs 2,076 cr, recovers later

According to the oil and gas company, the rise in profit was mainly due to inventory gain, despite a decline in sales and weak refining margin

BPCL dips 1% despite 93% YoY jump in Q1 PAT of Rs 2,076 cr, recovers later
Updated On : 14 Aug 2020 | 10:08 AM IST

Stocks to watch: Tata Steel, telcos, Hero MotoCorp, Eicher Motors, BPCL

Here's a list of stocks that may remain in focus today.

Stocks to watch: Tata Steel, telcos, Hero MotoCorp, Eicher Motors, BPCL
Updated On : 14 Aug 2020 | 9:15 AM IST

Ashok Leyland leaps 10% post Q1 nos; Co expects margin to improve ahead

In a post-earnings conference call, the company said that demand has picked up

Ashok Leyland leaps 10% post Q1 nos; Co expects margin to improve ahead
Updated On : 13 Aug 2020 | 12:51 PM IST

Tata Power rallies 8% on merger proposal with 3 wholly-owned subsidiaries

That apart, the company's net profit rose by 10% to Rs 268 crore for quarter ended June on the back of reduced expenses, compared to a net profit of Rs 243 crore reported in the year-ago period

Tata Power rallies 8% on merger proposal with 3 wholly-owned subsidiaries
Updated On : 13 Aug 2020 | 11:19 AM IST

eClerx Services hits 20% upper circuit as Q1 net rises 30% YoY to Rs 52 cr

Operating revenue for the quarter ended June 30, 2020, was Rs 336.6 crore, down 5.1 per cent YoY.

eClerx Services hits 20% upper circuit as Q1 net rises 30% YoY to Rs 52 cr
Updated On : 13 Aug 2020 | 10:56 AM IST