However, since the beginning of this month, end-user industries have started showing signs of pick-up in demand, which is expected to sustain going ahead, says Ronald Siyoni, Associate Vice president at Sharekhan by BNP Paribas.
The domestic equity market closed lower for the third straight session on Friday. Sensex slipped 231 points to end the session at 65,397 and Nifty lost 82 points to settle at 19,542. Here s a look at stocks that are likely to remain in focus this week.
This midcap stock rose 44% in a week, here s what brokerages say
ICICI Direct expects the expansion in EBITDA margins to continue from here on (100 bps each year), aided mainly by volume growth, as it expects the SME sector to bounce back, as the state-wide restrictions due to pandemic subsides
BusinessToday.In | May 21, 2021 | Updated 13:43 IST
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Share of TCI Express rose nearly 10 per cent to hit a 52-week high of Rs 1226.60 on BSE in today s intraday trading session after the company posted robust earnings for the quarter ended March 2021.
The company reported a net profit of Rs 42.5 crore in Q4. Profit in the year-ago period stood at Rs 19 crore. Net income grew 18 per cent to Rs 282.8 crore for the quarter ended March 2021 compared to Rs 239 crore in the year-ago period.