The stock hit a 52-week high of Rs 260 today. It has rallied 38 per cent in the past three months, as compared to a 1 per cent rise in the S&P BSE Sensex.
The announcements saw the stock rally over 8 per cent in intra-day trade on the National Stock Exchange (NSE) to Rs 1,257 levels on Tuesday
EBITDA margins declined to 36 per cent from 75 per cent, due to increase in average needle coke cost.
Shares of LCOs including Hathway cables and Datacom, Den Networks and GTPL Hathway zoomed in the range of 5 to 20% during the morning deals on the BSE while those of PVR & INOX Leisure slipped up 10%
Operational revenue during the quarter grew 17 per cent YoY at Rs 1,163 crore against Rs 995 crore in the corresponding quarter of previous year
Mukesh Ambani, the chairman of the group announced that Saudi Aramco will invest to take a 20% stake in the group's oil to chemicals (O2C) business at a $75 billion enterprise value.
Here's a list of some of the counters that are expected to trade actively in today's session.
Inflationary pressure and competitive intensity could impact the profitability of biscuitmaker
Asset quality worst in four years, though loan growth steadies the ship
The US-China trade dispute rocked global equity markets last week, while a surprise build in US crude stocks added downward pressure to oil prices
Gaurav Pingle, a Pune-based company secretary, explains the implications of the Companies (Amendment) Act, 2019, which contemplates dematerialisation of shares of private companies:
With additional challenges such as fresh stress, loan growth, and escalating costs, the sector faces a tough year ahead
Mustard seed prices at the Jaipur spot market are trading at Rs 4,100 per quintal
The market may have bounced back in the past two trading sessions but experts are saying that we are far from forming a bottom
The correction in the broader market has hurt investor sentiment. While there are challenges, Anoop Bhaskar, head of equity at IDFC Mutual Fund, tells Jash Kriplani
However, experts say long term investors should consider some of the large caps that have declined
The company's June quarter performance was good despite soft volume growth on demand woes
During the last week, the Sensex gained 463.69 points or 1.24%
The proposed norms would be presented for Sebi's board approval at a meeting scheduled later this month, the officials added
In the preceding month, FPIs were net sellers in the Indian capital markets to the tune of Rs 2,985.88 crore