KPIT Technologies reports strong performance in Q1FY22; share gains on Tuesday
KPIT Technologies reports strong performance in Q1FY22; share gains on Tuesday

KPIT Technologies reports strong performance in Q1FY22; share gains on Tuesday

The stock has delighted investors by delivering gains of 347.35 per cent in the last one year & 108.03 per cent in 2021, so far.

Shreya Chaware Article rating: 3.4

KPIT Technologies, an Indian multinational corporation, announced its quarterly results for Q1FY22. During the year, the company has also entered T25 engagements across geographies.

Jindal Stainless rallies 5 per cent on posting strong Q1 results; announces Rs 2,150 crore expansion plan
Jindal Stainless rallies 5 per cent on posting strong Q1 results; announces Rs 2,150 crore expansion plan

Jindal Stainless rallies 5 per cent on posting strong Q1 results; announces Rs 2,150 crore expansion plan

The estimated Capex of this brownfield expansion is Rs 2,150 crore. The three-pronged expansion plan envelopes the expansion of melting capacity and commensurate strengthening of forward as well as backward linkages.

Armaan Madhani Article rating: 3.0

The company accelerated its deleveraging strategy during the quarter and narrowed long-term external debt (excluding group company JSHL’s debt) by Rs 210 crore.

Biocon Biologics partners with Adagio Therapeutics to advance antibody for COVID-19 prevention & treatment
Biocon Biologics partners with Adagio Therapeutics to advance antibody for COVID-19 prevention & treatment

Biocon Biologics partners with Adagio Therapeutics to advance antibody for COVID-19 prevention & treatment

ADG20 is a novel monoclonal antibody, targeting the spike protein of related Coronaviruses and SARS-CoV-2. It is currently in global clinical development by Adagio as a single agent for both prevention and treatment of Coronavirus.

Armaan Madhani Article rating: 4.0

The fully-integrated biosimilars company, Biocon Biologics Ltd, a subsidiary of Biocon Ltd reported that US-based Adagio Therapeutics has granted them an exclusive licence to manufacture and commercialise, broadly neutralising antibody treatment based on ADG20 for India as well as select emerging markets. 

T20 breakout stocks: Best swing trading stocks to keep an eye on!
T20 breakout stocks: Best swing trading stocks to keep an eye on!

T20 breakout stocks: Best swing trading stocks to keep an eye on!

Karan Dsij Article rating: 3.5

Indian markets ended Monday’s session with modest losses with Nifty slipping about 0.20 per cent. Nifty opened the session flat with negative bias while in the initial half an hour, it slipped below the 15,800 mark. However, it rebounded from lower levels and made a high of 15,893.35 levels. Thereafter, it drifted lower to end with marginal losses.

Todays small-cap buzzers: Caplin Point zooms 17 per cent; Jayant Agro-organics, Mahindra CIE, Inox Winds & Arvind Fashions hog limelight
Todays small-cap buzzers: Caplin Point zooms 17 per cent; Jayant Agro-organics, Mahindra CIE, Inox Winds & Arvind Fashions hog limelight

Todays small-cap buzzers: Caplin Point zooms 17 per cent; Jayant Agro-organics, Mahindra CIE, Inox Winds & Arvind Fashions hog limelight

BSE SmallCap index showed a path of recovery on Monday from the dip seen in the last week, where it had reached the levels of 26,001.76 on July 20, 2021.  

Shreya Chaware Article rating: 4.1

On Monday, BSE SmallCap index continued its upward spiral and touched the level of 26,650. The index was up by nearly 0.69 per cent.    

Palred Technologies zooms 9 per cent as pTron launches first made-in-India active noise cancellation TWS earbuds with Pooja Hegde
Palred Technologies zooms 9 per cent as pTron launches first made-in-India active noise cancellation TWS earbuds with Pooja Hegde

Palred Technologies zooms 9 per cent as pTron launches first made-in-India active noise cancellation TWS earbuds with Pooja Hegde

The new high performance active noise cancelling earbuds has debuted on Amazon during the two-day Prime Day Sale (July 26-27). pTron’s premium addition Bassbuds will be available during the sale, which is commencing today at a discount price of Rs 1,499 as compared to its regular price of Rs 1,699.

Armaan Madhani Article rating: 3.0

pTron, the leading Indian maker of affordable high-quality audio & wireless products recently introduced the first product from its new ANC series – Bassbuds Ultima. It is acclaimed as the country’s first-ever indigenously made TWS earbuds with active noise cancellation (ANC).

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