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After a muted listing the counter picked up the pace and was quoting at Rs 635 advancing Rs 104 or 20%.
At Rs 910 Ami Organics implies a valuation of 59.58 times P/E while its peers Aarti Industries and Hikal are trading at a P/E of 55.53 and 47.5 times.
Invesco Oppenheimer has sought an EGM to pass the resolutions including the removal of Punit Goenka (MD & CEO), Manish Chokhani and Ashok Kurien
Of late, the company reported a 36% decline in net income to Rs 75.3 crore for the first quarter ended June 30.
Sansera Engineering’s business witnessed marked recovery from the impact of Covid led complete lockdown in H1FY21.
As the economic recovery is getting much more broad-based, one should see both the large caps and midcaps participate.
Nifty has been consolidating but at the same time, individual stocks were participating and therefore we know the underlying bullish trend continues
Vijaya Diagnostic Centre opened at Rs 540 apiece on the National Stock Exchange (NSE) and at Rs 542.30 on the BSE marking a discount of around 2.13%
On the BSE, Ami Organics opened at Rs 902, at a premium of Rs 292 or 47.87%.
HCL Tech, Axis Bank, Sun Pharma, Dr Reddy's ICICI Bank and Indusind Bank were the top gainers on the Sensex.