 "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.
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L&T rallies as Q4 beats estimate
The stock rallied 12% to Rs 1,448 on the NSE in early morning trade.
 "L&T rallies as Q4 beats estimate")
Ujjivan Financial hits highest level since listing on FY16 results
The stock surged 14% to Rs 304 after the company posted a more than double net profit of Rs 177 crore in FY16.
 "Ujjivan Financial hits highest level since listing on FY16 results")
Sharda Cropchem surges as Q4 profit more than doubles
The agrochemicals company reported profit of Rs 106 crore in Q4FY16 against Rs 48 crore in Q4FY15.
 "Sharda Cropchem surges as Q4 profit more than doubles")
Sensex holds 26,000, Nifty aims 8,000; L&T soars 10%
Market may remain volatile as traders roll over positions in the futures & options segment from the May to June series
 "Sensex holds 26,000, Nifty aims 8,000; L&T soars 10%")
Indoco Remedies surges on USFDA nod for Goa facility
The moved higher by 15% to Rs 305 on the BSE.
 "Indoco Remedies surges on USFDA nod for Goa facility")
Banks gain; Nifty Bank, Nifty PSU Bank indices up nearly 3%
SBI, ICICI Bank, Canara Bank, IndusInd Bank, IOB, BOI, Oriental Bank and Andhra Bank were up 3%-6% on NSE.
Bulls dominate D-Street; Sensex rallies 500 points
Above normal monsoon forecast and strength in Asian equities lifted sentiments
 "Bulls dominate D-Street; Sensex rallies 500 points")
Bajaj Auto gains post Q4 results
The stock up 5% to Rs 2,505 after the company reported 29% YoY jump in net profit at Rs 803 crore in Q4FY16.
 "Bajaj Auto gains post Q4 results")
Cipla hits 52-week low on disappointing Q4 results
The stock dipped 7% to Rs 460, also its 52-week low on the BSE.
Asian Paints, Godrej Consumer, Havells India, Pidilite hit 52-week high
Grasim, Biocon, Essel Propack, GHCL, Omaxe, Shriram Transport Finance and Supreme Ind have hit 52-week highs
PI Industries surges on good Q4 results
The stock surged 7% to Rs 640 after reported 58% YoY growth in net profit at Rs 95 crore in Q4FY16
 "PI Industries surges on good Q4 results")
Tech Mahindra rallies as Q4 profit beat estimates
The stock rallied 14% to Rs 548 on the BSE in early morning trade.
Markets likely to open firm on global cues; Bajaj Auto, L&T, GAIL in focus
The early indicator, SGX Nifty has surged 68 points at 7,824 levels
Dwarikesh Sugar bounces back post Q4 results
The stock moved higher by 10% to Rs 205, rebounding 15% from intra-day low on the BSE
Sundaram Brake Linings zooms 20% on robust Q4 results
The stock is up 20% to Rs 288 after posting profit of Rs 2.6 crore against a loss of Rs 8.4 crore in March quarter
Markets turn flat; Nifty below 7,750
Fears of an interest rate hike by the US in June along with decline in crude oil prices and weakness in rupee capped upside gains
 "Markets turn flat; Nifty below 7,750")
Tata Metaliks zooms 100% in six trading days
About 469,793 equity shares representing 1.9% of total equity of Tata Metaliks changed hands on the NSE via block deal.
Nifty hovers around 7,750; RIL, ITC gain 1%
Top gainers are NTPC, Tata Motors, ICICI Bank, Reliance Industries and ITC
 "Nifty hovers around 7,750; RIL, ITC gain 1%")
Sugar stocks under pressure; Balrampur Chini, Ugar Sugar down over 5%
Dalmia Bharat Sugar, Thiru Arooran, Balrampur Chini, Uttam Sugar and Oudh Sugar were down over 5% on the BSE
Jubilant FoodWorks, Westlife Development dip on CSE report
Jubilant FoodWorks dipped 12%, while Westlife Development fell 10% on the BSE in intra-day trade.
 "Jubilant FoodWorks, Westlife Development dip on CSE report")