Stock reached a record high and continued the positive momentum for the third consecutive session.
Sanjay Sudhakaran tendered his resignation on June 8, 2023. His last day with the company will be June 30, 2023, at the end of business hours.
The company approved a dividend payout of Rs.48, record date set for June 9
Analysts of IIFL Securities believe sector valuations have little room for upside as despite a deteriorated growth outlook, Nifty IT Index has performed in line with broader markets YTD.
RBI cut its FY24 inflation forecast for the second time in two MPC meetings, and marginally front ended GDP growth during FY24 while maintaining full yr. number.
Multiple factors help INR to strengthen against USD
The company will use proceeds from the fresh issue towards working capital requirements and general corporate purposes.
The company will manufacture the product at the group’s formulation facility located in Moraiya, Ahmedabad (India).
If domestic CPI trajectory broadly proceeds along RBI’s projections, we believe that repo rate at 6.5% should provide sufficient disinflationary force to nudge inflation towards RBI’s target level.
Stock surges after securing a 100-MW wind power project order from ABEnergia Renewables.