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 on Thursday
The currency opened at 71.07, up 4 paise against the previous close of 71.11.
Here's a look at the top stocks that may remain in focus today -
All that happened in markets today
The stock slipped 5% to Rs 20,414, falling 16% in the past one week post-Q3 result. It was trading close to its 52-week low of Rs 20,102 touched on March 7, 2018, on the BSE.
The stock hit a 52-week low of Rs 195, down 5 per cent on the BSE in intra-day trade on Wednesday in an otherwise firm market.
Shares of oil and gas exploration companies rose as much as 20% in intra-day trade on Wednesday as the government decided to offer bigger oil and gas areas currently under PSUs to the private sector.
The stock rose 3% to hit a new high of Rs 930, its highest level since listing on October 8, 2018.
The domestic unit weakened by 11 paise to end at 71.34 against the greenback on Monday, amid firming crude oil prices and persistent foreign fund outflows.
Here's a look at the top stocks that may remain in focus today -
All that happened in the market today
The stock was down 8% at Rs 431 on the BSE, falling 16 per cent in past four sessions, after the company reported 33% YoY decline in net profit at Rs 3.65 crore in Q3FY19.
Shares of Varun Beverages rose as much as 3.78 per cent to Rs 802.05 apiece on the BSE in the intra-day trade, as it bagged the contract to bottle and distribute PepsiCo drinks across India.
The stock surged 15 per cent to Rs 407 on the BSE after the promoters of the personal products company divested 10 per cent stake in the company for Rs 1,600 crore to reduce the debt.
The stock hit a 52-week high of Rs 124, up 3%, gaining 22% in the past two weeks after Q3 net profit almost doubled to Rs 120 crore.
Here's a look at the top stocks that may remain in focus today -
All that happened in the markets today
Bharat Forge, Godrej Agrovet, Natco Pharma and Tata Chemicals from the index hit their respective 52-week lows in intra-day trade on Friday.
Dr Reddy's Laboratories had fallen 30 per cent to Rs 1,873 apiece earlier in the day, also its 52-week low on the NSE.
The stock soared 16 per cent to Rs 263 on the BSE in an otherwise weak market after the company reported a robust net profit of Rs 188 crore in December 2018 quarter.