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.
All that happened in the markets today
The company reported a consolidated net loss of Rs 68.59 crore in Q4FY20 against a profit of Rs 324 crore in Q4FY19.
On June 26, 2020, Bright Star Investments purchased 500,000 equity shares, representing 1.26 per cent of the total equity of Andhra Paper, at a price of Rs 206.23 per share on the NSE via the bulk dea
Profit after tax during the quarter fell to Rs 23.36 crore from Rs 56.15 crore in the year-ago quarter
S&P Global Ratings said that worsening operating conditions following Covid-19 have increased risks for financial institutions and banks operating in India
IDBI Bank has 48 per cent stake in IDBI Federal Life Insurance, which started operations in 2008
Here's a look at the stocks that may remain in focus today
All that happened in the markets today
With the market-cap of Rs 45,592 crore, the company today surpassed packaged foods firm Marico (Rs 44,489 crore) and United Spirits (Rs 43,354 crore)
According to the report, Reliance Industries is closing in on a deal that would see it acquire stakes in some units of Future Group.
According to analysts at Centrum Broking, the launch of new products would improve the company's margins in the coming quarters
The bank reported a net profit of Rs 144 crore in Q4FY20 as against a net loss of Rs 1,985 crore in Q4FY19.
For fiscal year 2019-20, the company posted a consolidated net profit of Rs 459.80 as compared with Rs 2,194.60 crore in 2018-19
Besides, IRCTC is set to report its March quarter earnings later in the day. According to analysts at Spark Capital, the company's profit may dip 35% QoQ to Rs 133.5 crore for the quarter under review
The project is to be constructed in 24 months and operated for 15 years post construction.
Here's a look at the stocks that may remain in focus today
In the past three months, the stock has zoomed 180 per cent as against 21 per cent rise in the benchmark S&P BSE Sensex.
Nirmal Bhanwarlal Jain bought an additional 454,000 equity shares of IIFL Finance on Wednesday
Q4 EBITDA came in at Rs 2,475 crore, up 47 per cent YoY due to better profitability from gas transmission and gas trading segments.
The bank's net interest income (NII) for reporting quarter declined by 9.35 per cent to Rs 3,319 crore