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.
In past three weeks, Axis Bank outperformed the market by gaining 26% against 2.5% rise in the S&P BSE Sensex
The stock listed at Rs 749, 6% below its issue price of Rs 800 per share offered to QIBs and NIIs. The company issued shares at Rs 770 to retail individual investors and eligible employees
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The stock was up 5% to Rs 508 on the BSE on back of heavy volumes.
Infosys was trading 2% lower at Rs 927 on the BSE as compared to 0.21% decline in the S&P BSE Sensex and 0.48% fall in the sector index S&P BSE Information Technology at 10:47 AM.
The S&P BSE Smallcap index hit a new high of 17,625, surging 9% thus far in the current month, is set to post its biggest monthly gain in past 19 months.
Shriram City Union Finance rallied 4.5% to Rs 2,284, while Shriram Transport Finance trading 1% lower at Rs 1,169 after hitting a 52-week high of Rs 1,200 in early morning deal
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The stock has moved higher by 7% to Rs 1,074 after the company reported a consolidated net profit of Rs 455 crore in Q2FY18
The stock was trading 3% higher at Rs 315, extending its past two days 17% surge on the BSE
SBI, Indian Bank, Canara Bank, IDBI Bank, BOB, Allahabad Bank, BOI and Andhra Bank were up in the range of 2% to 5% on the NSE.
The stock hit fresh 52-week high of Rs 190, up 5%, extending its past three days 19% surge on the BSE.
The stock locked in upper circuit of 5% at Rs 8.22, zoom 104% from Rs 4.02 on October 11, 2017 against 4.5% rise in Sensex.
The stock was up 3% at Rs 190, trading at its highest level since May 11, 2017 on the BSE.
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At 02:58 PM: Nifty Realty index, the largest gainer among sectoral indices, was up 2.6% against 0.09% rise in the Nifty 50 index.
TVS Electronics, HEG, Ramky Infra, Graphite India, GNFC, Gujarat Alkalies and Arshiya are among 15 stocks from the S&P BSE Smallcap index rallied over 25% in five days.
Sobha said that the company achieved new sales value of Rs 593 crore in Q2FY18 was the highest in the past 10 quarters
Shakti Pumps, Kirloskar Brothers, KSB Pumps and Roto Pumps have rallied by up to 12% on BSE in intra-day trade
Titan Company, TBZ, Thangamayil Jewellery and PC Jeweller were up in the range of 3% to 9% on BSE