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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.

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HDFC AMC, Polycab, ICICI Pru hit record highs on inclusion in MSCI index

Polycab India surged 7 per cent to Rs 915, surpassing its previous high recorded on October 30 in the intra-day trade.

HDFC AMC, Polycab, ICICI Pru hit record highs on inclusion in MSCI index
Updated On : 08 Nov 2019 | 5:15 PM IST
MARKET WRAP: Sensex slips 330 pts on Moody's outlook cut; Sun Pharma down 4%
Updated On : 08 Nov 2019 | 4:41 PM IST

GAIL Q2 net profit drops 35% YoY to Rs 1,167.6 cr; stock falls over 4%

Profit before tax (PBT) for the quarter under review came in at Rs 1,706.47 crore against Rs 2,700.84 in the corresponding quarter of the previous fiscal.

GAIL Q2 net profit drops 35% YoY to Rs 1,167.6 cr; stock falls over 4%
Updated On : 08 Nov 2019 | 2:54 PM IST

Bharat Forge dips 8% on 27% YoY decline in PBT, weaker H2FY20 expectation

Calling the quarter gone by as "the toughest in this decade", the management said weak end-demand across sectors due to the sluggish macroeconomic environment led to the continuous decline in demand

Bharat Forge dips 8% on 27% YoY decline in PBT, weaker H2FY20 expectation
Updated On : 08 Nov 2019 | 2:02 PM IST

DLF surges 6% on strong Q2 results, inclusion in MSCI index

DLF was among the eight stocks that were included in the MSCI's India Domestic Index

DLF surges 6% on strong Q2 results, inclusion in MSCI index
Updated On : 08 Nov 2019 | 11:53 AM IST

Raymond surges 19% on plans to list demerged Lifestyle biz, pare debt

The company announced business re-structuring plan with demerger of its core Lifestyle business into a separate entity.

Raymond surges 19% on plans to list demerged Lifestyle biz, pare debt
Updated On : 08 Nov 2019 | 11:37 AM IST

Indraprastha Gas rallies 8%, hits new high on healthy volume growth in Q2

In Q2FY20, compressed natural gas (CNG) sales volume increased by 10 per cent and piped natural gas (PNG) sales volumes increased by 12 per cent over Q2FY19.

Indraprastha Gas rallies 8%, hits new high on healthy volume growth in Q2
Updated On : 08 Nov 2019 | 10:55 AM IST

MSCI Nov rejig: Berger Paints, ICICI Pru Life, DLF included; YES Bank exits

The changes will come into effect from November 26 post market hours, the report added.

MSCI Nov rejig: Berger Paints, ICICI Pru Life, DLF included; YES Bank exits
Updated On : 08 Nov 2019 | 9:15 AM IST
MARKET WRAP: Sensex gains 184 pts, ends at fresh closing high of 40,653.74
Updated On : 07 Nov 2019 | 4:37 PM IST

Jindal Steel & Power hits over 4-month high, zooms 60% in one month

The company has emerged as the highest bidder for Gare IV/1 coal Block (rated capacity 6MTPA) in the recently held coal block auctions at a closing bid of Rs 230/t.

Jindal Steel & Power hits over 4-month high, zooms 60% in one month
Updated On : 07 Nov 2019 | 3:11 PM IST

MSTC stock zooms 20% after L&T appoints the firm as its selling agent

The stock has more than doubled from its recent low price of Rs 70, touched on August 14 in the intra-day deal.

MSTC stock zooms 20% after L&T appoints the firm as its selling agent
Updated On : 07 Nov 2019 | 12:12 PM IST

Bajaj Electricals hits over 2-year low, down 12% in two days on weak Q2 nos

The management said consumer products segment registered a moderate growth of 9 per cent YoY in the top line on account of an overall slowdown in the economy

Bajaj Electricals hits over 2-year low, down 12% in two days on weak Q2 nos
Updated On : 07 Nov 2019 | 11:28 AM IST

JB Chemicals gains 7% as board mulls share buyback plan

The stock of JB Chemicals has underperformed the market since it touched its recent high of Rs 405 on September 13, 2019.

JB Chemicals gains 7% as board mulls share buyback plan
Updated On : 07 Nov 2019 | 10:48 AM IST

Spandana Sphoorty rallies 23% in one week, hit new high post Q2 results

It has appreciated 95 per cent from its listing day low of Rs 690 per share. The company had issued shares at price of Rs 856 per share in the initial public offer (IPO).

Spandana Sphoorty rallies 23% in one week, hit new high post Q2 results
Updated On : 07 Nov 2019 | 10:29 AM IST

Rupee opens 8 paise lower against US dollar amid subdued global cues

The domestic unit on Wednesday snapped its three-session winning streak to end at 70.97, down 28 paise.

Rupee opens 8 paise lower against US dollar amid subdued global cues
Updated On : 07 Nov 2019 | 9:26 AM IST

Stocks to watch: Sun Pharma, realty stocks, Tata Steel, YES Bank, HPCL

Here's a look at the top stocks that may remain in focus today.

Stocks to watch: Sun Pharma, realty stocks, Tata Steel, YES Bank, HPCL
Updated On : 07 Nov 2019 | 8:51 AM IST

Nilekani assures action if whistleblower allegations proved; Infosys up 2%

Backing Parekh, the chairman of the IT bellwether said that he would give full credit to the CEO for the company's growth.

Nilekani assures action if whistleblower allegations proved; Infosys up 2%
Updated On : 06 Nov 2019 | 4:48 PM IST

Varun Beverages zooms 26% in three days on healthy Q3 results

The company reported robust volume growth as domestic organic growth up by 17.5 per cent and internationally it grew 27 per cent.

Varun Beverages zooms 26% in three days on healthy Q3 results
Updated On : 06 Nov 2019 | 1:37 PM IST

Aurobindo Pharma trades near 52-wk low as Hyd units come under US FDA lens

The management believes that these observations are related to procedural improvements and none of the observations are related to data integrity.

Aurobindo Pharma trades near 52-wk low as Hyd units come under US FDA lens
Updated On : 06 Nov 2019 | 12:52 PM IST

Sun Pharma climbs over 5% on deal with AstraZeneca, pares gains later

The agreement will be announced later in the day at the China International Import Expo (CIIE) in Shanghai.

Sun Pharma climbs over 5% on deal with AstraZeneca, pares gains later
Updated On : 06 Nov 2019 | 11:06 AM IST