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
Booking for reservation in these trains will start at 4 pm on May 11 and will be available only on the IRCTC website.
The stock was trading close to its record high of Rs 1,618, touched on December 20, 2019
The private sector lender reported an 82% jump in pre-tax profit and a 26% rise in net profit in the March quarter, missing Street estimates owing to higher provisioning for the coronavirus pandemic
Here's a look at the top stocks that may remain in focus today
On Thursday, UK-based Glaxo-SmithKline (GSK) offloaded its stake in HUL via block deals.
Gross non-performing assets (GNPA) improved by 43bps to 2.01 per cent, the company said.
All that happened in the markets today
The company's March quarter (Q4F20) performance came below expectations on, both, revenue and margin terms largely due to the impact of Covid-19.
Till 12:44 pm, a combined 34.4 million equity shares, representing 32.2 per cent of total equity of Laurus Labs, changed hands on the BSE and NSE.
Novelis informed that its net income attributable to its common shareholder came in at $63 million for the quarter under review, down 39 per cent year-on-year (YoY
The company controlled by Mukesh Ambani, is in discussions with banks for a potential sale of its 4.9 per cent stake in Asian Paints through a series of block trades, reports suggest.
The company said, with this, all facilities under warning letter are now determined as Voluntary Action Indicated (VAI)
Jio Platforms has now raised Rs 60,596.37 crore from leading technology investors in less than three weeks.
Here's a look at the top stocks that may remain in focus today
Asian Paints, Berger Paints India, Kansai Nerolac Paints and Akzo Nobel India slipped in the range of 2 per cent and 5 per cent on the BSE.
The earnings were better than what most of the analysts had expected. Kotak Securities, for instance, estimated the private lender to log net loss at Rs 4,404.4 crore in the quarter under review
Analysts believe the bank will be unable to maintain high AUM growth and will likely see a sharp rise in credit cost & deterioration in incremental deposit mix, amid the current lockdown
Organic volumes for the company got severely impacted in the last 10 days of March due to the spread of Covid-19 and the subsequent lockdown restrictions, the company said.
Earnings before interest and taxes (EBIT) stood at Rs 3,881 crore while EBIT margin came in at 20.9 per cent.