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IT sector will continue to trade at higher multiples well supported by improving visibility (strong deal wins, faster ramp-up), sustained margins, improving free cash flows and improving demand environment across verticals.
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The rise in share price shows that an investment of Rs 10,000 in the tyre major would have now fetched Rs 3.47 crore
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Untimely death in the family is devastating. However, once the mourning is over, families have to get back to normal life
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With a possible peak followed by rolling-back of restrictions and a further pick-up in vaccinations, markets may begin to look beyond this short-term impact
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With Covid-related restrictions imposed by states hitting sales in the ongoing quarter, companies are also pinning hopes on extended summer and brighter festive season to make up for the revenue loss
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Shares of the company traded 1.42% down at Rs 1395.45 at around 10.20 am (IST). On the other hand, the benchmark BSE Sensex was up 492 points, or 1.01%, at 49,225 at around the same time.
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DIL also owns brands such as Vaango, Food Street, Masala Twist, Ile Bar, Amreli and Ckrussh Juice Bar.
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ITC, SBI, HDFC, ICICI Bank and Infosys were the top gainers on the Sensex gaining in the range 1-1.6%.
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Here is the list of top stocks that could be in focus on May 17.
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Overseas, Asian stocks traded mixed on Monday as investors reacted to the release of Chinese economic data.