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
Dabur India and Jubliant FoodWorks have hit their respective 52-week highs, while Tata Global Beverages and Nestle India were trading close to 52-week highs on the NSE on Thursday.
The beleaguered airline had shut its operations in April last year due to severe cash crunch. It was admitted under the insolvency process in June, 2019.
Here's a look at the stop stocks that may remain in focus today
The Audit Committee concluded that no restatement of previously announced financial statements or other published financial information is warranted, it said.
All that happened in the markets today
Meanwhile, analysts expect Tata Motors to report first quarter of growth in October-December quarter (Q3FY20) after six consecutive quarters of a decline in profit.
The company said that steel prices are expected to improve further with strong retail demand and ongoing restocking demand at the dealers' ends.
GTPL's total income in Q3 increased 115 per cent YoY to Rs 687.5 crore, with CATV subscription revenue at Rs 258.1 crore (up 44% YoY)
Lupin, Sun Pharmaceutical, Cadila Healthcare, Aarti Drugs and Aurobindo Pharma were up in the range of 2 per cent to 3 per cent.
In the past month, Sterlite Technologies has outperformed the benchmark Sensex by gaining 4.6 per cent. In comparison, the index added 2.3 per cent till Thursday.
KNR Constructions announced to sell its entire equity stake in a toll road BOT asset of special purpose vehicle (SPV) viz KNR Walayar Tollways Private Limited (KWTPL) to Singapore-based Cube Highways.
Any audit committee update on investigation into whistleblower complaints against the company will be keenly watched
All that happened in the markets today
BGR Energy soared 16 per cent to Rs 40.75 after the company announced order win worth of Rs 224 crore.
State Bank of India on Wednesday launched Residential Builder Finance with Buyer Guarantee scheme to safeguard home buyers financially.
RCF, Godrej Agrovet, GSFC, Deepak Fertilizers, and Punjab Chemicals were up in the range of 5% to 9% on the BSE
Under the scheme, SBI will issue guarantee for completion of projects to customers availing SBI Home Loans.
The inspection was carried out from January 6 to January 8.
The stock has rallied 6 per cent in the past two trading days on the QIP buzz