The management maintained its earlier guidance of single-digit revenue decline in FY2018 and EBITDA margin performance of 20-22% in the second half.
PMI data for manufacturing and services sectors are due this week
A look at top cues from domestic and international cues that could have a bearing on D-Street.
Here's a wrap of the key events in the pharma sector this week.
Benchmark indices which rose to record highs in the run-up to Diwali may consolidate before inching higher, suggest experts.
The disruptive impact of GST is visible but corporate honchos are hopeful of a rural recovery and consumption revival during the festive season.
Interview with Nitasha Shankar, Sr. Vice President and Head of Research, YES Securities (I) Ltd
Based on a Fibonacci retracement, major support at 9,979 level and immediate resistance level is placed at 10,191.
Going ahead, buy on dips strategy in the stocks will provide better risk-reward opportunity, Centrum Broking's Jay Purohit tells Moneycontrol.
Structural shifts in the economy may mean longer period of low inflation, and this calls for toning down return expectations over the next 1-2 years
This may help quell your doubts about how much capital you should expose to a particular trade
With the festive mood in the air, markets are likely to do well in the October month, which has historically been the weakest.
Pharma stocks recovered this past week on a spate of new approvals in US and news of near normalization in September of domestic formulation business after disruption caused in the month ahead of GST roll out.
Moneycontrol attempts to identify stocks that wise investors should use to duck and weave through this particular storm.
Currently, brokers need to submit this data by the next trading day. Sebi received representations from the exchanges expressing operational difficulties caused to the brokers on uploading data of the clients.
Tata Steel was the top Sensex loser, skidding 4.70 percent to close at Rs 654.55, followed by L&T, which fell 3.49 percent.
Depending on the circumstances, promoter pledge of shares could either be read as a sign of great conviction or an act of desperation.
From metals to textiles and some consumer-facing stocks, the list names stocks of companies that reported good earnings
MindTree reversed after forming a Double Bottom pattern around Rs 440 and rose to 2-week high.
At CMP of Rs.496, the stock is trading at PE of 20.5x its FY18E EPS & 17x its FY19E EPS. We are initiating our coverage on Finolex Cables Limited with “BUY” recommendation and target price of 640 per share
The benchmark indices started the week on a bullish note on positive global cues, however midway it lost its momentum and started consolidating amidst mixed global cues and inflation data released by the RBI
According to bulk deal data available with BSE, Xenok offloaded 1,10,79,700 shares, amounting to 4.14 percent stake, in MFSL
Earlier in the day, HDFC Bank had surpassed TCS to become the country's second most valued firm.
It was a week of consolidation as Nifty moved in a narrow range of just 50 points, which is really a tiresome thing for the traders preferring index specific trades.