In the IT space, Infosys, Tech Mahindra and HCL Technologies were the top buys, while Wipro, Cyient and Persistent Systems were the top sells by the fund.
Travel services firm Thomas Cook India on Thursday reported a consolidated net profit of Rs 37.77 crore for the quarter ended June 30, 2015.
Sterling Holiday Resorts (India) has reported a consolidated total income from operations of Rs 51.25 crore and a net profit of Rs 0.68 crore for the quarter ended Jun '15
"The High Court of Bombay has sanctioned the composite scheme of arrangement and amalgamation between Sterling Holiday Resorts India, Thomas Cook Insurance Services India and Thomas Cook India and their respective shareholders and creditors under the court process," said the company in its filing.
Ambareesh Baliga, independent market expert is of the view that one may prefer Mahindra Holidays and Resorts India.
Prakash Diwan of Altamount Capital is of the view that one may look at Thomas Cook.
Private sector electricity producer Tata Power will move out of the stock market benchmark index Sensex and will be replaced by drugmaker Lupin.
On April 29, 2015 Nordea 1 Sicav Indian Equity Fund bought 5,92,759 shares of Sterling Holiday Resorts India at Rs 269.91 on the BSE.
Infosys | ONGC | Bosch | ONGC | Supreme Infra | JSPL | IDFC | GAIL | Bank Of Maharashtra | OBC | Dena Bank | PNB Gilts | Man Industries | RPG Life Sciences | Alstom India | Hexaware and Varun Shipping are stocks, which are in the news today.
Sun Pharma | Bharti Airtel | Idea Cellular | Kalpataru Power | Nirlon | PTC India Financial | Essel Propack | KPIT Technologies | Tata Elxsi | Snowman Logistics | Marico Kaya | Bharat Forge | Punj Lloyd | Coal India and Century Textiles are stocks, which are in the news today.
The company had reported a loss of Rs 5.78 crore during the same quarter last year, the company said in a release here. The total operating income rose 24 percent during the quarter to Rs 50.24 crore compared with Rs 40.58 crore a year ago.
Here‘s a list of top 10 stocks that are in news due to their Q4 earnings
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - United Spirits, Bharti Infratel, Sterling Holiday, Siemens, Kitex Garments, KPR Mill, Siyaram Silk Mills, Century Textiles, Arvind and Puravankara.
On April 24, 2015 Rakesh Radheyshyam Jhunjhunwala sold 24,35,500 shares at Rs 276.
TCS | Power Grid | Axis Bank | GAIL | Container Corporation | Suzlon Energy | DLF | Larsen & Toubro | Pipavav Defence | IOC | ONGC | Oil India | 3i Infotech | Sintex | Bosch | Aurobindo Pharma | YES Bank | Eicher Motors | JSPL | Hindalco | Jayaswal Neco | PSL | National Fertiliser and United Spirits are stocks, which are in the news today.
Norges Bank on Account of the Government Pension Fund Global picked up 1.7 percent stake in Sterling Holiday Resorts (India) through bulk deal on Thursday.
Sterling Holiday Resorts (India) has reported a consolidated total income from operations of Rs 45.67 crore and a net profit of Rs 0.82 crore for the quarter ended Dec '14
Tata Motors | Bharti Airtel | Reliance Industries | Wipro | Bajaj Auto | Dewan Housing | HSIL | Gateway Distriparks | Adani Enterprises | Jet Airways | SpiceJet | Punj Lloyd | Asian Paints | Reliance Capital | Goa Carbon | Bank of Baroda | Anant Raj | MOIL | IOC | Unichem Labs and NTPC are stocks, which are in the news today.
On January 16, 2015 Blue Ocean Investment Trust sold 1,000,000 shares of Sterling Holiday Resorts at Rs 219.96 on the BSE.
On December 12, 2014 Leena Investments Consultancy LLP sold 8,95,765 shares of Sterling Holiday.
Krish Subramanyam of Asit C Mehta Investments Intermediates is of the view that one can buy Thomas Cook (India) for a target price of Rs 155 and Max India for a target price of Rs 378.
Madhavan Menon also says that Ikya has worked out as an excellent acquisition. He expects Ikya to contribute more to company‘s profits and continue growing, led by policy changes.
Sector wise, among mergers and acquisitions, Raja Lahiri believes hospitality tops the chart as there were two big deals including Aman Resorts buying Silverlink Holdings and Thomas Cook buying Sterling Holidays in February.
AstraZeneca Pharma | IOC | Cipla | JSW Energy | Oil India | Crompton Greaves | Tech Mahindra | Bharti Airtel | Tata Power | Mastek | Mphasis | HSIL | Ashok Leyland | Tata Motors | L&T Finance Holdings | Maruti Suzuki | Financial Technologies and MCX are stocks, which are in the news today.
Approving the multi-structured deal, the fair trade regulator CCI said the deal is not likely to have an adverse impact on competition in the country.