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.
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
Axis Bank, Biocon, Raymond, Bharti Airtel, IDFC Bank are some of the stocks that will be in focus in trade today
The broader markets are outperforming the benchmark indices- BSE Midcap and Smallcap indices are up 0.4%-0.5%
Fourth quarter net profit surged 50% to Rs 32 crore compared with Rs 21.2 crore in the same quarter last fiscal
Thus far in 2016, Manappuram Finance (up 38%) and SKS Microfinance (up 20%) have outperformed the market as compared to 0.36% decline in Sensex.
The stock moved higher to its record high of Rs 1,175, up 5% on the BSE in otherwise range bound market.
Participants patiently wait for the April F&O expiry due tomorrow and the US FOMC meet outcome due today
Jindal Drilling, Aban Offshore, Selan Exploration and Deep Industries have rallied by up to 14% on the BSE.
Q4 net declined 32% to Rs 165 crore q-o-q while Gross NPAs rose 6.2% compared with 3.09% in Dec 2015 quarter
Net profit for the fourth quarter jumped 161% to Rs 56.2 crore compared to same quarter last fiscal
The stock dipped nearly 7% to Rs 21.50 on the BSE in early morning trade.
The stock was up 3% at Rs 376 on the BSE in early morning trade.
Nifty Bank index was up 2% or 336 points at 17,015 as compared to 1.5% rise in the Nifty 50 at 03:09 pm.
Recovery in bluechips and gains in European markets helped the rally
The stock moved higher by nearly 4% to Rs 3,862, recovering 5% from intra-day low on the National Stock Exchange.
Issue of 1,20,25,454 fully convertible warrants to promoters' group companies at a price not less than Rs 55/- per warrant
The stock touched record high of Rs 1,014, up 3% on the National Stock Exchange.
Net profit for the March 2016 quarter surged 107% to Rs 2.8 crore compared with Rs 1.34 crore in the same quarter last fiscal.
The project management consultancy contract is valued at US$ 16.54 million