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Power stock jumps up to 4% after net profits of the company increases 12% YoY

Power stock jumps up to 4% after net profits of the company increases 12% YoY

Shares of this power stock under the ‘mid-cap’ category increased 4 percent in Friday’s trading session after the company posted financial results for Q2FY24, i.e., for the quarter ended September 2023.  With a market capitalization of Rs 37,440.05 crores, the stocks of Torrent Power Limited started their trading session on Friday at Rs 769.85 and [...]
Multibagger stocks in which Mutual Funds bought stake of up to 5.09% in Q2; Do you hold any?

Multibagger stocks in which Mutual Funds bought stake of up to 5.09% in Q2; Do you hold any?

Along with the company results flowing, the holdings of various financial institutions have also been released by companies for the second quarter of FY23-24.  Listed below are two multibagger stocks in which Mutual Funds bought a stake of up to 5.09 percent in Q2FY24, i.e., in the September 2023 quarter:  Electronics Mart India Limited  With [...]
Pharma stock jumps up to 8% after it announces acquisition of business units worth ₹ 366 Cr from Biocon

Pharma stock jumps up to 8% after it announces acquisition of business units worth ₹ 366 Cr from Biocon

The shares of this pharmaceutical company jumped up to 8 percent to hit an all-time high price of Rs 971.30 per share after the company announced the acquisition of Nephrology and Dermatology Branded Formulations business units of Biocon Biologics Ltd.  Eris Lifesciences Ltd is a small-cap company with a market capitalization of Rs 12,209 crores. [...]