While such buying could indicate confidence in the business, investors should do a comprehensive evaluation before getting into the stock.
Power generation and distribution is the most indebted sector
The economy can't grow without increasing electrification, which requires more power plants, and given coal is the cheapest form of fuel and is abundant, it makes sense that India is looking to boost the use of the fuel.
Amid the increasing pressure on the Chief Minister N Kiran Kumar Reddy from the Central government either to end the crisis arising out of the indefinite strike of government employees or face the axe, crucial talks were scheduled to take place between the chief minister and the leaders of the Andhra Prasdesh Non Gazetted Officers Association on Wednesday.
Real test of the rally in this segment will be the upcoming result season.
Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
Indian companies struggle to escape debt burden as profit slows.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
The CBI opposed the plea seeking summoning of former prime minister Manmohan Singh and two others as additional accused in a coal scam case.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
India is expected to cut imports by a fifth in the fiscal year.
The index gained 572 points, or 2.4 per cent, this week while the Nifty added 164 points, or 2.3 per cent
It is time to pack up, sir! Please resign and save some honour of the Lok Sabha, an anguished Sheela Bhatt reports from the Lok Sabha press gallery after watching the shameful goings on over the tabling of the Telangana Bill.
Markets ended lower for the third straight day on Tuesday weighed down by profit taking in rate sensitives with bank shares leading the decline after hopes of rate cut by the central bank faded.
Bankers say it's a question of survival for debt-heavy companies.
Samvat 2070 was a great year for top Indian conglomerates in the stock markets.
The good news for the group has come from the port business.
India Inc is either shutting loss making businesses or is hiving off allied verticals to enhance revenues.
Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.
Pooling will also kick-start projects of Reliance Power, Torrent, Lanco.
At least 8 people have died after a blast ripped through the Gas Authority of India Limited site at Nagaram village in Andhra Pradesh.
New SDR norms allow promoters to manage debt-laden firms.
Experts say investors should be careful, as even a 50-100 bps cut in rates will not help such companies if their business is not doing well. Check what is the problem and consider
In the domestic market, the Tata Group has lost ground in the passenger car business.
Companies write off investments, shed assets as initial projections go haywire
The Central Bureau of Investigation on Monday filed its first charge-sheet in a Delhi court in the coal blocks allocation case against Navabharat Power Pvt Ltd for allegedly misrepresenting facts and making "fraudulent" claims to "embellish" its applications to get allotments between 2006 and 2009.
The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
For debt-laden companies, asset sales is an obvious solution.
Conversion of outstandings into equity even partially should be a strict no-no says Chatered Accountant S Murlidharan
While three operational mines in Chhattisgarh had a capacity of 12 million tonnes (mt), six were yet to start production.
In an hour-long chat on rediff.com on Friday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
Decades of a state-owned monopoly selling coal at a fixed price has taken its toll on production.
The market benchmark appears set to end 2013 on a positive note with a modest gain of over 7 per cent, but such gains are not to be seen in a majority of stocks available in the market, which predominantly include those of mid-size and smaller companies, shows an analysis of various indices.
The state is trying hard to improve ease of doing business by several notches.
India's fear of small states derives from memories of Partition and the paranoid view that it will break up under 'too many' states. It's time to shed such fears and bite the 'states' reorganisation' bullet. India won't crumble under a few more Telanganas, Vidarbhas or Gorkhalands, says Praful Bidwai.
India Inc has few leaders who are likely to grab headlines in 2015.