Indian equity markets rose by 0.4 per cent on Tuesday, tracking overnight gains in US stocks and positive news such as reports of peace talks between Israel and Hamas and a cool-off in oil prices. The Nifty 50 and BSE Sensex closed at 19,783 and 65,930 respectively. Mid-caps gained 0.14 per cent, while small-caps gained 0.2 per cent. The 11 stocks were advancing against every 10 declining stocks on Tuesday.

The stock has witnessed significant buying activity as it has given returns of more than 79 per cent in just 1 year.

Net profit of Rs 14 crore for Q4FY23 is up by 40 per cent on YoY basis, compared to Q4FY22. 

In terms of financial performance, the company has reported positive numbers for FY23.