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.
Banks shares were the top gainers led by private lenders ICICI Bank and HDFC Bank
A restructuring committee will submit the proposal on demerger to the board on August 19.
The stock up 3% at Rs 1,526 after the company reported 76% YoY rise in net profit at Rs 92 crore for Q1FY17,
The stock rallied 15% to Rs 304 on the NSE in intra-day trade on back of heavy volumes.
Tata Steel, Hindalco Industries, JSW Steel and APL Apollo Tubes hit 52-week highs.
Thus far in 2016, the stock dipped 29% as compared to 7% rise in the S&P BSE Sensex
The BSE Mid-Cap index was currently up 0.61%. The BSE Small-Cap index was currently up 0.76%
The stock rallied 13% to Rs 726, extending its Tuesday 3% gain on the BSE.
Since August 8, the stock zoomed 58% from Rs 192 to Rs 303, as compared to 0.23% decline in the Sensex.
The stock rallied 6% to Rs 795 after the company reported profit of Rs 105 in Q1FY17 against Rs 54 crore in year ago quarter.
Among broader markets, BSE Midcap and Smallcap indices are up 0.4%-1%
Tree House surged 18% to Rs 37.03, while Zee Learn rallied 17% to Rs 35.25 on the BSE in intra-day trade.
Divis Lab, Piramal Enterprises, UPL and YES Bank are the midcap stocks that hit their respective record highs on BSE.
Cipla was the top gainer after the pharma major reported improvement in operating margin during June quarter
Thus far in 2016, the stock soared 79% from Rs 85 to Rs 152, as compared to 8% rise in the S&P BSE Sensex.
The stock was up 5% at Rs 540 on the NSE, as compared to 0.57% fall in the Nifty 50 index at 12:49 pm.
Thus far in 2016, the stock plunged 69% from Rs 373 to Rs 117, against 8% rise in the Nifty 50 index.
Markets extended losses in noon trades after July WPI stood at 23-month high
In past one-week the stock gained 13% as compared to a marginal 0.3% rise in the S&P BSE Sensex.
The stock rallied 5.5% to Rs 1,255, also its record high on the BSE.