 "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.
Page 794 - Si Reporter/undefined
JK Cement hits record high on good Q4 results, capacity expansion plan
The stock surged 11% to Rs 1,194, also its record high on BSE in early morning trade
 "JK Cement hits record high on good Q4 results, capacity expansion plan")
Markets closed on account of Labour Day
On Friday, Sensex ended at 29,918 down 111 points, while Nifty50 closed at 9,304, down 38 points
 "Markets closed on account of Labour Day")
Markets settle lower on profit-booking, but gains most in six weeks
The market breadth, indicating the overall health of the market, turned negative from positive
 "Markets settle lower on profit-booking, but gains most in six weeks")
Sensex trades lower, Nifty hovers around 9,300 on profit-booking
The market breadth, indicating the overall health of the market, turned negative from positive
 "Sensex trades lower, Nifty hovers around 9,300 on profit-booking")
ONGC up 3% on heavy volumes
ONGC made 23 oil and gas discoveries in the fiscal year ended March 31, report.
 "ONGC up 3% on heavy volumes")
Lupin hits fresh 52-week low; down 7.5% in six days
The stock hit a fresh 52-week low of Rs 1,320, down 1.3% on the BSE.
 "Lupin hits fresh 52-week low; down 7.5% in six days")
Maruti Suzuki hits new high; m-cap inches closer to Rs 2 lakh crore mark
The stock moved higher by 3.3% to Rs 6,580, also its record high on the BSE.
 "Maruti Suzuki hits new high; m-cap inches closer to Rs 2 lakh crore mark")
5 public sector banks hit 52-week high
Andhra Bank, Canara Bank, Indian Bank, Oriental Bank and Vijaya Bank hit 52-week highs.
 "5 public sector banks hit 52-week high")
ITDC gains on signing MoUs with MP, Assam and Rajasthan government
In past four weeks, the stock zoomed 84% as compared to 0.85% rise in the S&P BSE Sensex.
 "ITDC gains on signing MoUs with MP, Assam and Rajasthan government")
Prism Cement hits 52-week high
The company received LoI from MP government for allotment of cement grade limestone mining lease.
 "Prism Cement hits 52-week high")
Indiabulls Real Estate posts record intra-day surge; stock zooms over 40%
The stock up 42.5% to Rs 151 on BSE in intra-day trade, also its highest level since April 20, 2011
Markets trade flat in afternoon trade on corporate earnings, WPI inflation
In broader market, BSE Midcap and BSE Smallcap indices scuttled between gains and losses
 "Markets trade flat in afternoon trade on corporate earnings, WPI inflation")
Nifty Realty index hits two-year high; DLF, Indiabulls touch 52-week high
Indiabulls Real Estate, DB Realty, Ansal Properties and Nitesh Estates have rallied more than 10%
 "Nifty Realty index hits two-year high; DLF, Indiabulls touch 52-week high")
Select CPSEs fall; NTPC, PFC, NLC India down over 2%
NLC India, NTPC, NHPC, PFC and REC were down upto 4% on BSE in intra-day trade.
 "Select CPSEs fall; NTPC, PFC, NLC India down over 2%")
Nifty trades below 9,150 as WPI inflation eases in March
Sun Pharma (down 2%) was the top loser, while Dr Reddy's was the top gainer (up 2%) on Sensex
Jyothy Labs rallies over 15% on heavy volumes
The stock rallied 15.7% to Rs 427, also its record high on BSE in intra-day trade.
 "Jyothy Labs rallies over 15% on heavy volumes")
Bajaj Corp dips on disappointing Q4 results
The stock dipped 7% to Rs 397 on BSE after Ebitda margin contracted 381 bps to 32.96% in Q4FY17
 "Bajaj Corp dips on disappointing Q4 results")
DCB Bank falls over 5% post Q4 results
The stock dipped 7% to Rs 168 after the bank reported 24% YoY drop in net profit in Q4FY17.
 "DCB Bank falls over 5% post Q4 results")
Dr Reddy's gains as USFDA completes inspection of Srikakulam SEZ unit
The stock was up 3% at Rs 2,712 against 0.18% decline in the S&P BSE Sensex at 09:30 am.
 "Dr Reddy's gains as USFDA completes inspection of Srikakulam SEZ unit")
Indiabulls Real Estate hits 52-week high on restructuring plans
In past five trading days, the stock rallied 25% as compared to 1% decline in the S&P BSE Sensex.
 "Indiabulls Real Estate hits 52-week high on restructuring plans")