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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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Manpasand Beverages tanks 20% after MD, CFO arrested for GST fraud

As per a CGST Commissionerate statement, the listed beverages company had been running fake units for availing input tax credit (ITC) fraudulently, committing a tax evasion of Rs 40 crore

Manpasand Beverages tanks 20% after MD, CFO arrested for GST fraud
Updated On : 06 Jun 2019 | 3:23 PM IST
RIL, HDFC twins propel Sensex up 330 pts on F&O expiry day; Nifty at 11,946
Updated On : 30 May 2019 | 4:10 PM IST

Manpasand Beverages hits record low; tanks 48% in 4 days on GST fraud case

The market price of the company has tanked 89 per cent from its all-time high level of Rs 512 touched in September 2017

Manpasand Beverages hits record low; tanks 48% in 4 days on GST fraud case
Updated On : 30 May 2019 | 11:45 AM IST

Info Edge gains 9% in three days on strong Q4 results; stock hits new high

In the past week, the stock has outperformed the market by surging 11 per cent, as compared to a 2.4 per cent rise in the benchmark S&P BSE Sensex.

Info Edge gains 9% in three days on strong Q4 results; stock hits new high
Updated On : 30 May 2019 | 11:13 AM IST

Voltamp Transformers rallies 10% on dividend bounty, good Q4 results

The board recommended a total dividend of Rs 22.50 per share, which includes a one-time special dividend of Rs 7.5 per share for the achievement of all-time high net sales in the company's history.

Voltamp Transformers rallies 10% on dividend bounty, good Q4 results
Updated On : 30 May 2019 | 10:06 AM IST
Sensex, Nifty end with marginal gains to settle at record closing high
Updated On : 28 May 2019 | 4:02 PM IST

PNB reports net loss of Rs 4,750 cr in Q4, asset quality improves

Analysts had projected a net profit within a range of Rs 249.4 crore and Rs 358.5 crore for the recently concluded quarter.

PNB reports net loss of Rs 4,750 cr in Q4, asset quality improves
Updated On : 28 May 2019 | 1:13 PM IST

Manpasand Beverages tanks 20% for second straight day on GST fraud case

The market price of Manpasand Beverages has tanked nearly 90 per cent from its all-time high level of Rs 512 touched in September 2017

Manpasand Beverages tanks 20% for second straight day on GST fraud case
Updated On : 28 May 2019 | 12:44 PM IST

Adani Gas rallies 15% on strong Q4 results; stock hits record high

The company posted 91% year-on-year growth in consolidated net profit at Rs 75.75 crore in Q4FY19, on back of 25% rise in operational revenue.

Adani Gas rallies 15% on strong Q4 results; stock hits record high
Updated On : 28 May 2019 | 12:27 PM IST

Natco Pharma slips 8% on weak Q4 results; stock hits new low

The company's consolidated net profit more-than-halved at Rs 120 crore in March quarter against Rs 300 crore in the year-ago quarter.

Natco Pharma slips 8% on weak Q4 results; stock hits new low
Updated On : 28 May 2019 | 11:00 AM IST

Aviation stocks gain; IndiGo hits new high on strong Q4 results

IndiGo posted a net profit of Rs 589 crore in March quarter, against Rs 118 crore in the year-ago quarter.

Aviation stocks gain; IndiGo hits new high on strong Q4 results
Updated On : 28 May 2019 | 10:14 AM IST

Rupee weakens 14 paise to 69.65 against US dollar

The domestic currency on Monday closed with a marginal rise of 2 paise at 69.51 amid a recovery in the greenback against Asian currencies and foreign fund flows.

Rupee weakens 14 paise to 69.65 against US dollar
Updated On : 28 May 2019 | 9:18 AM IST

PNB, IndiGo, SpiceJet, Sun Pharma and ZEE Entertainment top stocks to watch

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

PNB, IndiGo, SpiceJet, Sun Pharma and ZEE Entertainment top stocks to watch
Updated On : 28 May 2019 | 8:32 AM IST

GAIL posts 33% QoQ fall in net profit at Rs 1,122 crore

The company announced a bonus issue in the ratio of 1:1, which means the issuance of one share for every one share held.

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Updated On : 27 May 2019 | 2:18 PM IST

Capital Goods index surges 3%; L&T, Honeywell Automation hit record highs

Honeywell Automation India and ABB India were up 11 per cent and 5 per cent respectively, while Siemens, Thermax, L&T, Bharat Electronics and SKF India were up in the range of 2 to 4 per cent.

Capital Goods index surges 3%; L&T, Honeywell Automation hit record highs
Updated On : 27 May 2019 | 2:06 PM IST

BHEL gains over 4% after posting 49% rise in Q4 net profit

Ebitda (earnings before interest, tax, depreciation, and amortisation) for the quarter under review grew 8 per cent YoY to Rs 1,395.2 crore against Rs 1,292 crore in the year-ago period.

BHEL gains over 4% after posting 49% rise in Q4 net profit
Updated On : 27 May 2019 | 1:22 PM IST

Divi's Labs falls 8% as Q4 profit misses Street estimates

Q4 Ebitda margins were 32.7 per cent against 35.52 per cent in year ago quarter, due to higher raw material price,a weak product mix and higher other expense.

Divi's Labs falls 8% as Q4 profit misses Street estimates
Updated On : 27 May 2019 | 11:32 AM IST

Page Industries plunges 10% on weak Q4 results; stock hits 52-week low

Page Industries delivered its worst-ever performance with flat revenue and declined earnings mainly due to weak demand, high base and intensifying competition.

Page Industries plunges 10% on weak Q4 results; stock hits 52-week low
Updated On : 27 May 2019 | 10:54 AM IST

Lupin slips 5% as USFDA classifies Goa facility's inspection as OAI

The USFDA stated that Goa facility may be subject to regulatory or administrative action and that it may withhold approval of any pending applications or supplements in which this facility is listed.

Lupin slips 5% as USFDA classifies Goa facility's inspection as OAI
Updated On : 27 May 2019 | 9:59 AM IST

Rupee opens 12 paise higher at 69.41 against US dollar

The domestic currency on Friday rallied 49 paise to close at 69.53 following a decisive mandate for Narendra Modi-led BJP (Bharatiya Janata Party) in the general elections.

Rupee opens 12 paise higher at 69.41 against US dollar
Updated On : 27 May 2019 | 9:19 AM IST