Shivam Tyagi is a senior correspondent at Business Standard. He covers equity markets and anything that says stocks, analysts, and brokers. After work, you can find him hooked on cinema or hiking mountains.
Shivam Tyagi is a senior correspondent at Business Standard. He covers equity markets and anything that says stocks, analysts, and brokers. After work, you can find him hooked on cinema or hiking mountains.
Stocks to watch on May 8, 2024: IRB Infrastructure Developers on Tuesday reported a 45 per cent rise in consolidated net profit to Rs 188.87 crore for the March 2024 quarter
United Breweries announced a more than five-fold increase in net profit to Rs 80.15 crore for the January-March period of 2023-24 compared to the same period last year
Among midcaps Lupin fell 6.58 per cent at Rs 1569 as the pharma major missed street expectations in its January-March quarter earnings
On a quarter on quarter (Q-o-Q) basis, the company may see a sequential surge of 15-20 per cent in revenue in the January-March of FY24
Stocks to Watch on May 7, 2024: Wipro partnered with Microsoft to introduce a suite of Generative AI-powered virtual assistants for financial services
Stocks to Watch on May 7: Lupin Limited posted a 52 per cent year-on-year (Y-o-Y) surge in its consolidated net profit, reaching Rs 359.43 crore
Godrej Properties posted a 14 per cent year-on-year (YoY) increase in its consolidated net profit, reaching Rs 471 crore for the quarter ending March 2024
Indian pharmaceutical giant Dr Reddy's Laboratories is set to witness a single to double digit growth in sales on a year-on-year (Y-o-Y) basis for the fourth quarter of financial year 2023-24 (Q4FY23)
Indegene provides services for the life sciences industry. They assist with drug development, clinical trials, regulatory submissions, pharmacovigilance, complaints management, and sales and marketing
Indian pharmaceutical major Lupin is set to witness a strong financial earnings on a year-on-year (Y-o-Y) basis for the fourth quarter of the financial year 2023-24 (Q4FY23)
Stocks to watch, Monday, May 6: Jammu and Kashmir Bank on Saturday reported its highest-ever annual profit at Rs 1,767 crore for 2023-24
Indian equity markets are poised to regain some lost ground on Monday after Friday's significant downturn. As of 7:35 AM, the GIFT Nifty was trading at 22,688, marking an increase of 112 points
REC Limited and Power Finance Corporation have soared up to 10 per cent each in the last 30 days on the NSE
According to the brokerage, prices of APIs such as Paracetamol, Azithromycin, Montelukast, and Meropenem, have all declined in the range of 10-30 per cent over the last one year
According to brokerage estimates, Wipro is likely to report a net profit in the range of Rs 2,778 crore to Rs 2,829 crore for the fourth quarter, down 8-10 per cent year on year (YoY)
Despite strong earnings, analysts warned investors on future growth trends as most positives of the company are priced in and the stock is currently trading at high valuations
Shares of oil marketing companies such as HPCL, BPCL and IOCL have corrected 9-18 per cent since mid-Feb as the gross marketing margins on petrol and diesel have declined
According to brokerages, Infosys is likely to report a revenue increase of 2-4 per cent year-on-year between Rs 38,945 crore to Rs 38,432 crore
Goldman Sachs attributes India's underpenetrated CDMO and CRO market to smaller capacities, lack of Innovation with little collaboration between Industry and academia
Reversal of furloughs and incremental contribution from the BSNL deal and other deals will fuel the revenues