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 rallied 17% to Rs 124 on the BSE in the early morning trade.
The stock surged 15% to Rs 223 after the company posted 70% YoY jump in profit at Rs 36.66 crore in Q4FY16.
Here are some of the stocks you need to a keep a tab on for today
ICICI Bank continues to be the top loser along with HDFC Bank while HDFC gained post Q4 earnings
It posted a 96% decline in net profit to Rs 10 crore for the fourth quarter ended March 31, owing to higher provisioning
The company showed a 16% jump in its domestic sales for April owing to jump in the sales of Brezza, S Cross and Baleno
Index heavyweights continue to be top losers with ICICI bank
The RBI has approved hike in FII/FPI investment limit to 60% from 49%
The company reported a drop in its net profit to Rs 65 crore for this quarter on drop in sales of residential preoperties
Consolidated net profit for March 2016 quarter decreased 32% to Rs 270.6 crore y-o-y
It posted a flat net profit of Rs 579 crore on rupee depreciation and pressure on yields owing to rising competition
Net profit on a standalone basis for the quarter ended March 2016 increased 90% to Rs 31.5 crore
Here are a few stocks that will be in focus in trade today
RCF at Rs 30 and National Fertilizers at Rs 45 were down 4% each on the BSE.
The stock surged 18% to Rs 133 after the company posted 71% jump in profit at Rs 48.62 crore in Q4FY16.
ICICI Bank was the top loser after the private lender reported sharp drop in Q4 net on the back of higher provisioning
The stock moved higher by 3% to Rs 3,510, bouncing back 4.5% from intra-day low on the BSE.
They bought an additional stake in newly listed companies like Narayana Hrudayalaya and Dr. Lal PathLabs.
The board has approved capex of Rs 250 crore for manufacturing unit at Tezpur, Assam
The board approved allotment of 12 million shares at Rs 55 per share to the promoters' group companies on preferential basis.