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 hit a 52-week high of Rs 168, rallied 44% in past two trading sessions from Rs 117 on May 16.
State Bank of Travancore, State Bank of Mysore and State Bank of Bikaner & Jaipur were up 3%-5% on the BSE.
The early indicator, SGX Nifty has slipped 31 points at 7,879 levels
The stock trading at its 52-week high of Rs 91, rallied 60% from Rs 57 on April 27.
Select financials extended gains while oil explorers flared up on higher crude prices
Net profit for March 2016 quarter zoomed 75% to Rs 4.2 crore
The stock surged 10% to Rs 434 on the BSE in early morning trade on back of heavy volumes.
The stock moved higher by 8% to Rs 290, bouncing back 11% from intra-day low of Rs 262 on the BSE.
Thus far in 2016, the stock outperformed the market by gaining 32% as compared to 1.4% decline in Sensex.
The stock hit a 52-week high of Rs 33.70 on BSE, rallied 90% in past four trading sessions from Rs 17.75 on May 11, 2016.
Top gainers from the Sensex pack are ONGC, Axis Bank, GAIL, Hero Moto, HDFC and L&T
Around 2.41 million equity shares of HCL Technologies changed hands on the BSE at 10:19 am.
Firm gains in Asian markets and overnight rally on Wall Street is likely to boost sentiment in early trades
Ashok Leyland, Britannia Ind, Eicher Motors, HPCL, UPL, Marico, Aurobindo, Indiabulls Housing and Bosch gaining over 100% since May 16, 2014.
PSBs are trading weak after reporting a disappointing set of numbers for the quarter ended March 31, 2016
The board recommended total dividend of Rs 70 per share including a special dividend of Rs 50 per share for FY16.
The stock rallied 12% to Rs 507 after the board approved to issue 500,000 shares at Rs 500 per share to non-promoters investors.
Thus far in 2016, JP Associates, Jaypee Infratech and JP Power Ventures were down between 40%-52%
Finolex Ind, IndusInd Bank, KPR Mills, Supreme Industries and Cholamandalam Investment from the BSE-500 index have touched their respective lifetime highs.
Bank of Baroda was the top loser after reporting huge losses in the March quarter