On Wednesday, Tata Consultancy Services (TCS) Ltd reported a 16.84% year-on-year rise in its consolidated net profit for the fiscal’s first quarter ended June (Q1FY24) to Rs 11,074 crore. The company had reported a profit of Rs 9,478 crore in the year-ago period. Sequentially, the consolidated net profit was down 2.8%. The IT company’s consolidated …
Today, Pharmaceutical and biotechnology company Laurus Labs has received the Establishment Inspection Report (EIR) from United States Food and Drug Administration (USFDA) for its formulations manufacturing facility Unit–2, APSEZ, Atchutapuram, Visakhapatnam, Andhra Pradesh. Earlier, USFDA had conducted inspection at the said manufacturing unit from February 06, 2023, to February 10, 2023. Last month, Laurus Labs …
Today, the broader indices, namely NSE Nifty50 and BSE Sensex, ended the day almost flat. The Nifty50 index commenced trading at 19,828.45 and eventually concluded at 19,802, marking a flat closing compared to the previous day’s closing level of 19,811.85 whereas BSE Sensex concluded flat at 66,017.81. Among all the stocks listed on the NSE, …
Selan Exploration Technology Ltd. is a strong breakout candidate for today. The stock price is currently trading at Rs 513 and has witnessed a very clean break-out of the ascending triangle chart pattern. The volume and other parameters of technical analysis are in sync with the breakout. Ascending Triangle Chart Pattern In the realm of …
Bharat Petroleum Corporation Ltd (BPCL) which is in the business of oil and gas has hit a fresh 52-week high today at Rs 413.45 amid an order allotted to Servotech Power Systems Ltd for manufacturing, supplying and installing 2649 AC EV chargers across India. Stock Performance Yesterday BPCL stock closed at Rs 402. Today, it …
About the Patent Affle (India) Ltd which is a technology company has reported to the exchanges that it has filed 15 patents in India. These newly filed patents cover advanced artificial intelligence (AI) subject areas, including automated AI agents, personalization & recommendation, predictive analysis, privacy management, enhanced fraud detection and security. These patents power innovations …
These 3 stocks have shown substantial gains in Thursday’s trading sessions, indicating strong bullish activity. Here’s an in-depth look. 1. Confidence Petroleum India Ltd Confidence Petroleum India has given an inverted head and shoulder chart pattern breakout on the daily timeframe. The stock is currently trading at Rs 91 and has seen a spurt in …
The bulls of Dalal Street faced challenges in gaining momentum as the current trading session witnessed a modest 0.03% uptick in the Sensex, while the Nifty remained relatively stable with a flat trend. Opposing the market sentiment, the shares of Man Infraconstruction zoomed by 18.67%. Additionally, the stock hit a fresh 52-week high mark of …
A leading Indian pharmaceutical company, Cipla stock price fell nearly 7% on November 23, 2023, following the revelation of a warning letter issued by the United States Food and Drug Administration (USFDA) regarding its Madhya Pradesh facility. Key Details of the Warning Letter The USFDA’s warning letter highlighted data integrity issues at Cipla’s Pithampur facility, …
Garden Reach Shipbuilders & Engineers Limited has delivered multibagger returns to its shareholders in the last three years. During this period, the company’s share price surged from Rs 193.30 on November 27, 2020, to Rs 833.80 on November 23, 2023, representing an increase of over 300% in the last three years. An investment of Rs …
