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.
The stock was up nearly 3% to Rs 529, its highest level since October 26, 2015 on the BSE in early morning trade.
The early indicator, SGX Nifty has gained 19 points at 8,207 levels.
Out of BSE500 stocks 63 stocks outperformed the market by gaining more than 10% during the month of May.
In past two trading sessions, the stock plunged 26% compared to a marginal 0.06% rise in the Nifty 50 index.
Sun Pharma was the top Sensex lower down over 6% after its fourth quarter earnings missed street estimates
The stock was up 5% at Rs 795 on the BSE.
The stock dipped 9% to Rs 71 on the BSE after reported 13.7% QoQ decline in net sales at Rs 846 crore in March quarter.
The stock hit 52-week high of Rs 189 after reported more than double net profit at Rs 58 crore for Q4FY16.
The stock surged 10% to Rs 552 extending its past two days 7% gain on the BSE.
The company reported a net profit of Rs 24.1 crore for March 2016 quarter compared to a loss of Rs 8.3 crore March 2015 quarter
Top losers from the Sensex pack are Sun Pharma, GAIL, Infosys, Bharti Airtel and Adani Ports
The stock rallied 14% to Rs 721 on the BSE in otherwise weak market.
However, it posted 92% jump in net profit in Q4 2016 on a y-o-y basis on the back of strong revenue growth.
Consolidated profit after tax for March 2016 quarter surged over 200% to Rs 5,177 crore
Company posted a 22% drop in the March quarter net profit owing to lower revenue from voice and data services
Here are some of the stocks you need to keep a tab on for today
The stock rallied 13% to Rs 185 after the company posted profit of Rs 31 crore in Q4FY16 against Rs 5 crore in a year ago quarter.
The stock was up 20% at Rs 202 on the BSE.
IT exporters were among the top gainers on the back of a weakening rupee
The board has approved the proposal to acquire Target TOPCO Ltd, a UK-based entity