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 two-weeks, post Q1FY17 earnings, the stock up 8.4%, as compared to 1.4% fall in the S&P BSE Sensex.
Pharma stocks emerged as the top gainers while IT majors eased
The stock slipped 8% to Rs 924 on the BSE in early morning trade on back of heavy volumes.
Index heavweights Infosys, HDFC and ITC were the top losers in early trades
The stock rallied 9% to Rs 459 on the NSE in early morning trade after a more than 1% stake changed hands on the counter in multiple block deals on the NSE and BSE.
Apollo Tyres, Goodyear India, TVS Srichakra, JK Tyre and Balkrishna Industries were up between 2%-4% on the BSE.
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
Dharani Sugars, Kesar Enterprises, Triveni Engg,, Dalmia Bharat Sugar and Mawana Sugars were up 10%-20%.
The stock was up 9% at Rs 103 at 11:03 am, rallied 17% in past one-week, as compared to 1% rise in the Sensex.
Raymond, Alok Textiles, Trident, Aarvee Denims, Maxwell Ind, DCM and Himatsingka Seide were up between 2%-7% on the BSE.
ICICI Prudential Life Insurance's IPO, worth up to Rs 6,057 crore will hit the capital market today
The stock rallied 11% to Rs 174 after the company received LOIs from Shree Cement, for a contract value of Rs 50 cr.
Top losers from the Sensex pack are Tata Steel, Coal India, TCS, ONGC and Tata Motors
The stock rallied 7% to Rs 41, also its fresh 52-week high on the BSE.
Indian equity, forex, money and commodity markets will remain closed today on account of Eid ul Adha
Since July 20, the stock of auto parts & equipment maker appreciated 157% from Rs 476 to Rs 1,225 on Monday.
Oriental Bank, BOI, BOB, Union Bank, PNB, Andhra Bank, Allahabad Bank and Syndicate Bank were down over 5% each.
The stock rallied 19% to Rs 282, extending its past two days 42% surge on the National Stock Exchange.
Profit taking was seen across the board with Infosys as the sole gainer
Since June 28, the stock outperformed the market by surging 53% as compared to 7.5% rise in the Sensex.