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.
Net profit for March 2016 dropped 39% to Rs 575.6 crore compared to same quarter last fiscal
The company has re-introduced Methergine Oral tablets 0.2mg for the management of PPH
Jubilant Consumer, promoter of Jubilant FoodWorks, sold 2.4 million shares at price of Rs 1,279.37 on NSE
At 10:15 am, the S&P BSE Sensex is up 53 points at 25,656 and the Nifty50 has gained 13 points to trade at 7,860
The stock rallied 12% to Rs 1,115 after the company posted nearly seven-fold jump in profit at Rs 10.60 crore in Q4.
The stock has fallen to its 52-week low of Rs 759, down 5%, extending its Thursday's 4.5% decline on the BSE.
The stock dipped nearly 5% to Rs 799, its lowest level since February 29 on the BSE, in early morning trade.
The early indicator SGX Nifty has slipped by 35 points to trade at 7,875
Volumes in the counter were over 2 lakh shares compared to the 2-week average of 31,000 shares
Bank of Japan also failed to enthuse investors by deciding against any fresh market stimulus
About 2.39 million equity shares of Jubilant FoodWorks changed hands on the NSE.
The stock hit an intra-day high of Rs 1,069 on the BSE, its highest level since January this year.
Net profit for March 2016 quarter increased 20% to Rs 88.5 crore compared with Rs 73.5 crore in December 2015 quarter
The order worth Rs 780 crore from Singapore is for gold and diamond studded jewellery and medallions
Net profit for March 2016 quarter increased 37% to Rs 15.5 crore compared with March 2015 quarter
Post Q4 results, all these three banks outperformed the market by gaining between 4%-7% as compared to less than 1% rise in the benchmark Nifty 50 index.
The company has completed formalities for entire stake sale Mercator Lines (Singapore) Ltd, Singapore
Ansal Buildwell, Anant Raj, Parsvnath Developers, D S Kulkarni Developers and HDIL were up 5%-9% on the BSE.
Rise in the crude oil prices, sustained FII buying, good earnings and progress of monsoon will dicate the trend
Telecom shares were among the top gainers ahead of the fourth quarter earnings from Bharti Airtel