The management said sales in international markets are showing strong growth, and expect this momentum to accelerate with the launch of new products.
Technically, a RSI reading above 70 is considered overbought for the stock, which could mean the stock may consolidate or correct in the near-term; but not necessarily fall.
Citigroup Inc. and HSBC Holdings Plc are among banks that have cut profit forecasts as the latest earnings from some of India's top firms
DIIs, retail and proprietary traders continue to hold bullish bets in index futures, shows NSE derivative data. Technically, Nifty near support rises to 23,630.
Markets in India climbed after tariffs imposed on Mexico and Canada were postponed for now, and investors assessed budget announcements fully, according to market experts
However, still, the stock quotes 31 per cent lower when compared with its all-time high price of Rs 794.60 hit on January 1.
For Manappuram Finance, the gold loan growth will continue to remain healthy, driven by demand-side tailwinds due to the poor availability of short-term personal and MFI loans.
Shares of Quadrant Future Tek hit a new high of Rs 634, surging 18% on the BSE in Tuesday's intra-day trade amid heavy volumes.
In the past one month, SRF has outperformed the market by surging 33 per cent, due to initial signs of demand recovery in Q3FY25, as compared to 2.5 per cent decline in the BSE Sensex.
Budget Highlights: The personal taxation relief for the middle class should be positive for discretionary spend, particularly in autos, jewellery, travel and somewhat in real estate
The Indian government said people earning up to 1.28 million rupees ($14,791.53) per year will not have to pay any taxes, raising its threshold from 700,000 rupees
The Union Budget 2025-26 has exempted annual income up to Rs 12 lakh from income tax, boosting consumer spending and adding focus on urban consumption.
The management believes, that on account of ramp-up of existing products, Fermion contract, and potential commercialisation of another CDMO contract in FY26E, Ami has strong revenue visibility.
Benchmark equity indices BSE Sensex and NSE Nifty50 were higher for the fourth straight day in the run-up to the presentation of the Budget 2025-26
Metropolis Healthcare, Alembic Pharma and Tejas Networks are the other 3 stocks to witness a 'Death Cross' on the chart in recent days; technically this is a negative development for these stocks.
Shares of Blue Jet Healthcare hit a new high of Rs 695.55, and were locked in the 10% upper circuit after the firm reported robust earnings in the December quarter.
For Q4 the management guided for 7-8% YoY volume growth in grey cement. Meanwhile, analysts expect a growth rate of at least 10% YoY in FY26.
Advance-decline ratio down at two-year low of 0.82
Benchmark indices, along with some sectoral indices gained on Tuesday after the Reserve Bank of India (RBI) on Monday announced a measures to address tight liquidity conditions in the banking system
Benares Hotels hit a new high of Rs 10,990, rallied 15% on expectations of record revenue in March quarter, due to strong domestic demand on account of Kumbh Mela and related travels in the UP region.