According to the technical analyst from Anand Rathi, JINDALSAW has seen a strong resurgence in the last two sessions backed by robust volumes indicating soaring demand at lower levels
The technical & derivative analyst from HDFC Securities expects weakness in Nifty to continue
This contract entails the development and supply of a portfolio of niche APIs (Active Pharmaceutical Ingredient) over a period of 10 years
Hikal on Thursday reported a 42.85 per cent rise to Rs 40 crore in consolidated profit after tax (PAT) during the quarter ended December 31, 2020.
For the April-June quarter (Q1FY21), Hikal reported a 25 per cent year-on-year (YoY) decline in its consolidated profit before tax (PBT) at Rs 27.50 crore.
Favipiravir is in various stages of clinical trials in many countries as an experimental treatment of Covid-19.
Hikal hits 52-week high of Rs 192, up 4% on Tuesday, extending its previous day's 15% surge on the National Stock Exchange.
The stock soared 18% to Rs 257, also its record high on the NSE in intra-day trade