Last week (Feb14), Ideaforge hit its record low of ₹689, down 49% from its listing price (record high) and up just 2.5% from its IPO price. Despite such a dismal performance, Asian Market Securities (AMSEC) sees the stock delivering multi-bagger returns by December 2026.
Competition is up with the addition of new capacity, but cooling input costs have helped.Prices have tended to be weak in times of strong demand and high clinker utilization
India s second-largest information technology (IT) company, Infosys, is expected to post muted revenue and profit growth for the quarter ended March on weak financial services demand and seasonal factors, as per analysts. aaa
While IT services are expected to remain subdued this quarter amid a challenging macro environment, the Street remains bullish on a few mid-cap IT stocks, read on
HCL Tech share price witnessed a decline of 1 percent on Wednesday after JPMorgan placed the company on its negative catalyst watch citing high near term risks ahead of Q4FY24 earnings release.