This leading drug maker is moving northwards while the market is moving southwards. Know why? This leading drug maker is moving northwards while the market is moving southwards. Know why? In Q3FY22 Cipla beat the estimates with a decent revenue growth YoY and maintained strong momentum in key markets such as India, the US and South Africa. Subramanian K / Thursday, January 27, 2022 0 651 Article rating: 5.0 Leading drug maker Cipla has announced its Q3 results a few days back. Ahead of the results, shares of the company got an upward momentum and gained 3.5 per cent in three trading days. Post-result, that is today it gained a decent 2.2 per cent that too when the overall market sentiment is bearish. Read more
This fundamentally strong midcap IT stock plunged over 15 per cent today; Here's why! This fundamentally strong midcap IT stock plunged over 15 per cent today; Here's why! Mastek Q3FY22 revenue is up 24.6 per cent and net profit surged 18.7 per cent on YoY, but disappointing margins impacted the stock price heavily. Subramanian K / Thursday, January 20, 2022 0 2158 Article rating: 3.7 It had a good rally with the Q3 result anticipation. The stock was up 15.78 per cent for the month till yesterday. Since Q3 results didn’t meet the expectation, the stock tumbled 15 per cent in the morning trading session. Read more
This smallcap stock fell 14 per cent in two trading sessions. Know the fundamental reason? This smallcap stock fell 14 per cent in two trading sessions. Know the fundamental reason? Pumps manufacturing exporter Shakti Pumps post Q3 earnings announcement had a steep fall of 10.5 per cent in an hour Subramanian K / Wednesday, January 19, 2022 0 755 Article rating: 4.3 Smallcap stocks rally very fast as well as fall at the same pace. Because of disappointing numbers market punished the stock with a steep fall in price. In Q3FY22, revenue is down 14 per cent and net profit declined 44 per cent on YoY with high base effect and extreme margin pressure. Read more
Will Sonata Software continue to rally with stellar Q3 numbers? Will Sonata Software continue to rally with stellar Q3 numbers? Revenue is up 33 per cent and net profit surged 82 per cent on YoY with strong growth from digital-based competencies like managed cloud services and digital platformation services. Subramanian K / Monday, January 17, 2022 0 631 Article rating: 5.0 It had a good rally with the Q3 result anticipation, 13.75 per cent up for the month, 3.75 per cent up for the day. It is expected to be a buzzing stock tomorrow because of the impressive numbers. Read more
Tech Mahindra acquires a US-based IT company for Rs 927 odd crore Tech Mahindra acquires a US-based IT company for Rs 927 odd crore Tech Mahindra approved the proposal to acquire a 100 per cent stake in Allyis India Private Ltd and Green Investments LLC, holding company for Allyis Group (together called - Target) Subramanian K / Friday, December 31, 2021 0 616 Article rating: 4.2 The acquisition will strengthen Tech Mahindra’s capabilities in Digital Experience Solutions: Learning & development, marketing, instructional design; Engineering: Cloud & automation, BI & analytics, and technical support services. Read more