Market Update: Benchmark equity indices initially surged in early trade on Thursday, Reliance Industries saw notable gains. Check it out
Indian benchmark indices closed lower by more than 1%.
Despite this challenging macro environment, we remain optimistic about the growth outlook of the Indian pharmaceutical companies
As per NSEs financials for Q1 FY24, the exchange earned a total revenue of Rs 3,357 crore, registering a 22% y-o-y increase.
Tata Steel reported a 661.34% surge in consolidated net profit to Rs 11918.11 crore on 56.45% rise in total income to Rs 61459.04 crore in Q2 FY22.
"While India continues to be one of the better performers in global markets, the short term charts look overbought"
As capital markets go beyond liquidity support from central banks, investor focus is shifting towards growth revisions.
Most pharma companies provided a broad roadmap on the transition to complex generic products while maintaining a calibrated R&D allocation strategy
Chandan Taparia of Motilal Oswal Financial Services is positive on Bata India with a target price of Rs 1,820.
Post stellar Q1 result most brokerages have re-rated stock and believe that it can touch Rs 900 apiece in the near term