DSIJ Mindshare

With 1,832 stocks advancing against 445 declining ones, the broader market sentiment remained positive.

The company reported strong quarterly results in Q3FY24 with revenue surging 57.7 per cent year-on-year to Rs 495.6 crore.  Profit after tax (PAT) witnessed an even sharper rise of 301.8 per cent YoY to Rs 45.2 crore, pushing the PAT margin to a healthy 9.1 per cent compared to 3.6 per cent in the same quarter last year. Exports also showed positive signs, reaching Rs 62.2 crore in Q3FY24.

The stock gave multibagger returns of 310 per cent in just 1 year whereas BSE Small-cap Index is up by 54.25 per cent.

The India VIX, which measures market volatility, has decreased by 5.61 per cent, indicating a notable decrease in market volatility.

On the sectoral front, the indices were trading in mixed with the Oil & Gas Index and BSE Services Index being the top gainers while the BSE Oil & Gas Index was the only loser.