Several penny stocks are locked in the upper circuit on a day when Sensex is seen trading in green with realty stocks and banking stocks outperforming. The markets have recovered in style on Friday with Bajaj Finserv leading the BSE Sens

The Federal Bank gave a bullish pennant breakout, indicating trend continuation. Is it all set to zoom? Let’s find out. The recovery in Bank Nifty can be well attributed to a few of the well-deserved banking stocks. The Federal Bank is one of th

Biopharmaceuticals company Biocon Ltd reported an 18 drop in its consolidated net profit for the second quarter, as a slowdown in sales of generic drugs offset the growth in its biosimilars business. Net profit after exceptional items for the Jul

The benchmark index, Nifty has continued its downward journey for the third consecutive day. However, the index has taken support at the 13-day EMA level and recovered almost 130 points from the days low. The index has closed at the 18178.1

Growth of the different verticals Larsen & Toubro Infotech’s key players are its three verticals- BFSI (47 of revenue), Manufacturing (16 of revenue) and Hitech (13 of revenue). Lets talk about the highest revenue earning vertical first.

Macrotech Developers Ltd, part of Mumbai-based Lodha Group, swung to a consolidated net profit for the second quarter as a more than two-fold jump in revenue outpaced the increase in expenses. The company said it posted a net profit of Rs 223.36 c

JSW Steel Ltd on Thursday came out with strong quarterly results that beat estimates for both profit and revenue growth on the back of robust demand and sales of value-added and special products. The largest domestic steel producer in India report

Indian Hotels Co. Ltd on Thursday reported a revival in its fortunes as second-quarter losses declined significantly from the previous three months, when the second wave of the coronavirus pandemic had jolted its business. The Tata Group company t

The equity market continued its downward trend for the third day in a row. BSE Enhanced Value Index is the top gainer while BSE SME IPO is the top loser in today’s trade. After the Indian market closed in red for two days in sequence, on Thursda

The Bengaluru Safe City project will be implemented in phases. Honeywell will operate and maintain the security infrastructure for five years. Honeywell has been selected to lead the Bengaluru Safe City project under the Nirbhaya Fund by the Gover

TVS Motor Company said Thursday consolidated net profit for the second quarter jumped 29 thanks to higher sales even though rising commodity costs and a chip shortage caused concern. Net profit for the July-September quarter rose to Rs 234.37 cro

The following small-cap stocks have made fresh 52-week high today –IRB Infrastructure Developers, Jindal Worldwide, Rail Vikas Nigam, Confidence Petroleum India, Thangamayil Jewellery and Ugro Capital. Frontline indices