Stocks

Indiabulls Real Estate Share Price Gains After Buyback Plans

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Gold Silver Reports (GSR) – Indiabulls Real Estate Gains After Buyback Plans – Shares of the real estate developer rose as much as 10.5 percent, the most in 10 days to Rs 205.35. The company’s board plans to consider buyback in a meeting on Friday, according to its stock exchange filing. Trading volume was 2.8 times its 20-day average. The stock declined 11 percent so far this year.

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Syndicate Bank Share Price @Nine-Year Low After Reporting Loss In March Quarter – Block Deal Alert: Federal Bank

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Gold Silver Reports (GSR) – Syndicate Bank @Nine-Year Low After Reporting Loss In March Quarter – Shares of the Manipal-based public lender fell as much as 7.3 percent to Rs 46.5, lowest since March 2009. Syndicate Bank reported a net loss of Rs 2,195.1 crore in the March-ended quarter due to high bad loans that required higher provisioning. The bank had reported a net profit of Rs 103.8 in the corresponding quarter last year. Provisions during the quarter stood at Rs 3,544.7 crore.             

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Stocks To Watch: RCom, Hindalco, ITC, JSW Steel, Tata Steel

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Gold Silver Reports (GSR) – Stocks To Watch: RCom, Hindalco, ITC, JSW Steel, Tata Steel – Indian equity benchmarks edged lower after the Bharatiya Janata Party’s lead diminished from the halfway mark while Congress struck a post-poll alliance with the Janata Dal (Secular) in Karnataka. The S&P BSE Sensex ended little changed at 35,543.94 and the NSE Nifty 50 index closed at 10,802.        

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