Powered by: Motilal Oswal

News

India`s services sector saw strong growth in November, PMI shows Growth in India's dominant services sector remained strong in November despite the steepest rise in prices for over a decade, while consistent demand led to a significant rise in business sentiment and record hiring, a business survey showed. The HSBC final India Services Purchasing Managers' Index, compiled by S&P Global, stayed almost unchanged at 58.4 in November from 58.5 in October, but was lower than a preliminary estimate of 59.2. A sub-index measuring new business - ...
India`s services sector saw strong growth in November, PMI shows
India`s services sector saw strong growth in November, PMI shows
Source: Reuters
2024-12-04 11:43:24 am
Buy Devyani International Ltd For Target Rs.190 By JM Financial Services Challenging demand conditions weigh on performance DIL’s 2Q operational performance was impacted as brand contribution margins shrank across all segments (280 bps/460 bps contraction in KFC/Pizza Hut) led by lower ADS (10-13% decline YoY) because both KFC and Pizza hut continued to face demand headwinds, leading to SSSG declining 7%/6% YoY respectively despite a low base. The management highlighted that the weak demand scenario, the volatile geopolitical situation and more vegetarian...
Buy Devyani International Ltd For Target Rs.190 By JM Financial Services
Buy Devyani International Ltd For Target Rs.190 By JM Financial Services
Source: JM Financial Services Ltd
2024-11-29 11:58:48 am
Neutral Quess Corp Ltd For Target Rs. 750 by Motilal Oswal Financial Services Ltd No major surprises 2H to be better in terms of margin * Quess Corp (QUESS) delivered 3.5% QoQ/9.1% YoY growth in revenue in 2QFY25, in line with our estimate. * The headcount addition was muted at ~11.8k net. EBITDA margin at 3.8% (stable QoQ) was in line with our estimate of 3.8%. Adj. PAT increased 34% YoY to INR921m, below our estimate of INR1,053m, largely due to lower other income and ETR (8.4% vs. 10% estimated). * For 1HFY25, revenue/EBITDA/PAT grew 8.9%/19.2%/63.9% YoY. We...
Neutral Quess Corp Ltd For Target Rs. 750 by Motilal Oswal Financial Services Ltd
Neutral Quess Corp Ltd For Target Rs. 750 by Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-15 10:45:44 am
India`s services sector growth surges in Oct Indian service providers maintained a strong rate of output expansion in October, with growth recovering from September's ten-month low, which also led to the creation of more jobs during the month, according to HSBC's survey released on Wednesday.  Participants of the HSBC India Services PMI survey, conducted by S&P Global, commonly cited healthy customer demand domestically and from abroad. In response to positive sales developments, and optimism regarding near-term ...
India`s services sector growth surges in Oct
India`s services sector growth surges in Oct
Source: IANS
2024-11-06 12:06:29 pm
EFC (I) rises as its arm acquires 100% stake in Degwekar Industries EFC (I) is currently trading at Rs. 586.00, up by 8.95 points or 1.55% from its previous closing of Rs. 577.05 on the BSE. The scrip opened at Rs. 590.00 and has touched a high and low of Rs. 590.00 and Rs. 570.80 respectively. So far 6728 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 618.00 on 20-Jun-2024 and a 52 week low of Rs. 165.20 on 13-Jul-2023. Last one week high and low of the scrip stood at Rs. 610....
EFC (I) rises as its arm acquires 100% stake in Degwekar Industries
EFC (I) rises as its arm acquires 100% stake in Degwekar Industries
Source: Accord Fintech
2024-07-08 10:16:22 am
India`s services sector activity improves to 60.5 in June India’s services sector activity improved during the month of June amid a stronger rise in new orders and an unprecedented expansion in international sales. According to the survey report, the seasonally adjusted HSBC India Services PMI Business Activity Index rose to 60.5 in June from 60.2 in May. Further, the HSBC India Composite PMI Output Index -- which measures both manufacturing and services -- also surged to 60.9 in June as against 60.5 in May. The survey report noted that new...
India`s services sector activity improves to 60.5 in June
India`s services sector activity improves to 60.5 in June
Source: Accord Fintech
2024-07-03 11:53:45 am
Mumbai retains top spot as India's most expensive city for expats  The financial capital of India has retained the top spot as the most expensive city for expats in the country, followed by Delhi, a report showed on Monday.  Within Asia, Mumbai and Delhi experienced upward movement in the rankings. Mumbai climbed six spots while Delhi has moved up by two spots. As a result, Mumbai is now ranked as the 21st most expensive city in Asia for expatriates while Delhi holds the 30th position among surveyed locations in the region, according to Merc...
Mumbai retains top spot as India's most expensive city for expats
Mumbai retains top spot as India's most expensive city for expats
Source: IANS
2024-06-17 12:40:23 pm
EFC (I) moves up on getting nod to invest in Eleganz Interiors EFC (I) is currently trading at Rs. 374.30, up by 0.90 points or 0.24 % from its previous closing of Rs. 373.40 on the BSE. The scrip opened at Rs. 387.85 and has touched a high and low of Rs. 387.85 and Rs. 363.25 respectively. So far 4554 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 495.00 on 17-Jan-2024 and a 52 week low of Rs. 162.80 on 14-Jun-2023. Last one week high and low of the scrip stood at Rs. 413...
EFC (I) moves up on getting nod to invest in Eleganz Interiors
EFC (I) moves up on getting nod to invest in Eleganz Interiors
Source: Accord Fintech
2024-05-10 12:34:36 pm
India`s services sector clocks robust growth in April, lifts business confidence to 3-month high  India's services sector continued to register robust growth in April on the back of strong domestic and foreign demand, which lifted business confidence to a three-month high, according to an HSBC survey published on Monday. The HSBC final India Services Purchasing Managers' Index, compiled by S&P Global, came in at 60.8 in April, which was marginally lower than the 61.2 registered in March, but still the fastest growth rate in just under 14 years. The services sector ...
India`s services sector clocks robust growth in April, lifts business confidence to 3-month high
India`s services sector clocks robust growth in April, lifts business confidence to 3-month high
Source: IANS
2024-05-06 01:44:18 pm
Reduce eClerx Services Ltd. For Target Rs.: 2,750 - Emkay Global eClerx reported mixed operating performance in Q3 with in-line revenue, while margin missed expectations. Revenue grew 3.3% QoQ to USD90.5mn (3.5% CC), driven by traction in customer operations and financial markets. EBITDAM declined 90bps QoQ to 27.5%. Management highlighted that conversations within the digital segment show optimism and they expect growth to pick up in next couple of quarters. Within the digital segment, Company witnessed healthy demand in industrials and sees green shoots ...
Reduce eClerx Services Ltd. For Target Rs.: 2,750 - Emkay Global
Reduce eClerx Services Ltd. For Target Rs.: 2,750 - Emkay Global
Source: Emkay Global
2024-04-30 12:46:20 pm
India's services exports jump 11.4% in 2023: UNCTAD report United Nations Conference on Trade and Development (UNCTAD) in its latest report has said that India's services exports jumped 11.4 per cent to $345 billion in 2023 despite global economic uncertainties, while China's shipments from the sector contracted by 10.1 per cent to $381 billion. Sectors that contribute to India's services export growth include travel, transport, medical and hospitality. It stated with an 8.9 per cent annual rise in current dollar value terms, the world...
India's services exports jump 11.4% in 2023: UNCTAD report
India's services exports jump 11.4% in 2023: UNCTAD report
Source: Accord Fintech
2024-04-26 10:08:06 am
L&T Technology Services logs Rs 1,304 crore in net profit in FY24  L&T Technology Services Ltd on Thursday reported a net profit of Rs 1,304 crore in FY24, an 8 per cent growth, with revenue of Rs 9,647 crore which is a 9 per cent growth (year-on-year). The company will also consolidate its existing five segments into three: mobility, sustainability and hi-tech. For the quarter ended March 31, the engineering services company registered revenue of Rs 2,537 crore, a growth of 7 per cent (year-on-year), with a net profit of Rs 340 crore. &qu...
L&T Technology Services logs Rs 1,304 crore in net profit in FY24
L&T Technology Services logs Rs 1,304 crore in net profit in FY24
Source: IANS
2024-04-26 09:10:43 am
India`s services sector growth surges leading to more jobs in March: PMI survey India's services sector growth accelerated in March on the back of strong demand, leading to employment increasing at the fastest rate in seven months and export business expanding at a record pace during the month, according to an HSBC survey released on Thursday. HSBC India Services Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 61.2 last month from February's 60.6. This is well above the 50-mark on the index which separates growth from contraction. ...
India`s services sector growth surges leading to more jobs in March: PMI survey
India`s services sector growth surges leading to more jobs in March: PMI survey
Source: IANS
2024-04-04 01:52:14 pm
Zaggle soars on entering into agreement with Expleo Solutions Zaggle Prepaid Ocean Services is currently trading at Rs. 300.00, up by 3.55 points or 1.20% from its previous closing of Rs. 296.45 on the BSE. The scrip opened at Rs. 300.95 and has touched a high and low of Rs. 322.20 and Rs. 298.90 respectively. So far 77849 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 391.65 on 04-Mar-2024 and a 52 week low of Rs. 155.60 on 22-Sep-2023. Last one week high and low of the ...
Zaggle soars on entering into agreement with Expleo Solutions
Zaggle soars on entering into agreement with Expleo Solutions
Source: Accord Fintech
2024-03-21 04:04:42 pm
Krystal Integrated Services lists with 11.19% premium on the BSE Krystal Integrated Services has debuted at Rs 795.00 on the BSE, up by 80.00 points or 11.19% from its issue price of Rs 715. The scrip is currently trading at Rs 749.15, up by 34.15 points or 4.78% from its issue price. It has touched a high and low of Rs 795.00 and Rs 743.80 respectively. So far 1.64 lakh shares were traded on the counter. The offering, which was open for subscription between March 14, 2024 and March 18, 2024 was subscribed 13.21 times. The issue price was fixed at Rs...
Krystal Integrated Services lists with 11.19% premium on the BSE
Krystal Integrated Services lists with 11.19% premium on the BSE
Source: Accord Fintech
2024-03-21 10:51:06 am
Le Lavoir shines on the BSE Le Lavoir is currently trading at Rs. 94.49, up by 6.56 points or 7.46% from its previous closing of Rs. 87.93 on the BSE. The scrip opened at Rs. 85.00 and has touched a high and low of Rs. 99.99 and Rs. 85.00 respectively. So far 7672 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 120.00 on 14-Dec-2023 and a 52 week low of Rs. 45.20 on 27-Mar-2023. Last one week high and low of the scrip stood at Rs. 105.90 ...
Le Lavoir shines on the BSE
Le Lavoir shines on the BSE
Source: Accord Fintech
2024-03-13 10:57:27 am
Le Lavoir shines on inking pact with Associated Hospitality Le Lavoir is currently trading at Rs. 94.98, up by 4.28 points or 4.72% from its previous closing of Rs. 90.70 on the BSE. The scrip opened at Rs. 98.85 and has touched a high and low of Rs. 98.85 and Rs. 86.20 respectively. So far 206 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 120.00 on 14-Dec-2023 and a 52 week low of Rs. 45.20 on 27-Mar-2023. Last one week high and low of the scrip stood at Rs. 105.90 a...
Le Lavoir shines on inking pact with Associated Hospitality
Le Lavoir shines on inking pact with Associated Hospitality
Source: Accord Fintech
2024-03-12 11:59:03 am
We Win climbs on bagging work order worth Rs 8.28 crore We Win is currently trading at Rs. 75.40, up by 1.90 points or 2.59% from its previous closing of Rs. 73.50 on the BSE. The scrip opened at Rs. 74.97 and has touched a high and low of Rs. 75.80 and Rs. 71.85 respectively. So far 2045 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 109.52 on 28-Jul-2023 and a 52 week low of Rs. 34.50 on 21-Apr-2023. Last one week high and low of the scrip stood at Rs. 80.05 and ...
We Win climbs on bagging work order worth Rs 8.28 crore
We Win climbs on bagging work order worth Rs 8.28 crore
Source: Accord Fintech
2024-03-11 03:50:24 pm
ITCONS E-Solutions shines on winning new bid for 90 employees from Wipro ITCONS E-Solutions is currently trading at Rs. 64.00, up by 2.33 points or 3.78% from its previous closing of Rs. 61.67 on the BSE. The scrip opened at Rs. 66.45 and has touched a high and low of Rs. 66.45 and Rs. 64.00 respectively. So far 12000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 77.90 on 22-Feb-2024 and a 52 week low of Rs. 33.01 on 29-Mar-2023. Last one week high and low of the scrip stood at Rs...
ITCONS E-Solutions shines on winning new bid for 90 employees from Wipro
ITCONS E-Solutions shines on winning new bid for 90 employees from Wipro
Source: Accord Fintech
2024-03-07 10:35:28 am
India`s February services growth remained robust but slowed slightly Activity in India's services sector continued to accelerate in February, albeit at a slightly slower pace, according to a business survey that also showed inflationary pressures were cooling. Tuesday's survey injects a sense of optimism in the industry, the engine of economic growth and jobs, suggesting Asia's third largest economy will continue to grow at a world-beating pace this year after registering 8.4% last quarter. The HSBC India Services Purchasing Managers' Ind...
India`s February services growth remained robust but slowed slightly
India`s February services growth remained robust but slowed slightly
Source: Reuters
2024-03-05 11:04:39 am
DreamFolks Services jumps on expanding partnership with Eco Mobility Dreamfolks Services is currently trading at Rs. 502.95, up by 10.55 points or 2.14% from its previous closing of Rs. 492.40 on the BSE. The scrip opened at Rs. 499.00 and has touched a high and low of Rs. 505.85 and Rs. 498.80 respectively. So far 12660 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 846.75 on 02-Aug-2023 and a 52 week low of Rs. 397.00 on 13-Mar-2023. Last one week high and low of the scrip sto...
DreamFolks Services jumps on expanding partnership with Eco Mobility
DreamFolks Services jumps on expanding partnership with Eco Mobility
Source: Accord Fintech
2024-02-23 11:52:19 am
India`s Febuary business activity accelerated to seven-month high on solid demand Indian business activity expanded at its fastest pace in seven months in February as demand remained strong for both manufacturing and services, according to a business survey released on Thursday, which also showed an easing in price pressures. That supports the findings in a Reuters poll which found India, the fastest growing major economy, is expected to continue to grow at a steady pace over the coming years. HSBC's flash India Composite Purchasing Managers' Index (PMI), com...
India`s Febuary business activity accelerated to seven-month high on solid demand
India`s Febuary business activity accelerated to seven-month high on solid demand
Source: Reuters
2024-02-22 10:54:11 am
Zaggle Prepaid Ocean Services zooms on inking pact with Easy Trip Planners Zaggle Prepaid Ocean Services is currently trading at Rs. 290.05, up by 36.20 points or 14.26% from its previous closing of Rs. 253.85 on the BSE. The scrip opened at Rs. 269.60 and has touched a high and low of Rs. 298.80 and Rs. 267.65 respectively. So far 742110 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.80 on 20-Feb-2024 and a 52 week low of Rs. 155.60 on 22-Sep-2023. Last one week high and low of t...
Zaggle Prepaid Ocean Services zooms on inking pact with Easy Trip Planners
Zaggle Prepaid Ocean Services zooms on inking pact with Easy Trip Planners
Source: Accord Fintech
2024-02-20 03:30:20 pm
Praveg climbs on opening Tent City in Ayodhya Praveg is currently trading at Rs. 945.00, up by 64.15 points or 7.28% from its previous closing of Rs. 880.85 on the BSE. The scrip opened at Rs. 875.00 and has touched a high and low of Rs. 950.00 and Rs. 875.00 respectively. So far 107984 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1300.00 on 10-Jan-2024 and a 52 week low of Rs. 409.00 on 21-Mar-2023. Last one week high and low of the scrip stood at Rs. ...
Praveg climbs on opening Tent City in Ayodhya
Praveg climbs on opening Tent City in Ayodhya
Source: Accord Fintech
2024-02-14 12:42:29 pm
Crisil trades higher on the BSE CRISIL is currently trading at Rs. 4256.90, up by 77.45 points or 1.85% from its previous closing of Rs. 4179.45 on the BSE. The scrip opened at Rs. 4100.15 and has touched a high and low of Rs. 4269.90 and Rs. 4100.15 respectively. So far 1302 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4451.00 on 07-Nov-2023 and a 52 week low of Rs. 2974.00 on 17-Mar-2023. Last one week high and low of the scrip stood at R...
Crisil trades higher on the BSE
Crisil trades higher on the BSE
Source: Accord Fintech
2024-02-06 02:46:07 pm
ITCONS E-Solutions climbs on inking agreement with Aakash Educational Services ITCONS E-Solutions is currently trading at Rs. 47.50, up by 4.45 points or 10.34% from its previous closing of Rs. 43.05 on the BSE. The scrip opened at Rs. 45.00 and has touched a high and low of Rs. 48.40 and Rs. 43.80 respectively. So far 78000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 55.78 on 11-Sep-2023 and a 52 week low of Rs. 33.01 on 29-Mar-2023. Last one week high and low of the scrip stood at R...
ITCONS E-Solutions climbs on inking agreement with Aakash Educational Services
ITCONS E-Solutions climbs on inking agreement with Aakash Educational Services
Source: Accord Fintech
2024-02-05 04:40:32 pm
India`s exports of goods & services marginally up by 0.4% to $765.6 billion in 2023 The commerce ministry in its data has showed that India’s exports of goods and services rose marginally by 0.4 per cent to $765.6 billion in 2023 despite global economic uncertainties. Of the total, goods exports in the last calendar year contracted by 4.71 per cent to $431.9 billion, while services exports are estimated to have risen by 7.88 per cent to $333.8 billion. The latest data for the services sector released by the RBI is for November 2023. The data for December 2023 is an est...
India`s exports of goods & services marginally up by 0.4% to $765.6 billion in 2023
India`s exports of goods & services marginally up by 0.4% to $765.6 billion in 2023
Source: Accord Fintech
2024-01-23 10:43:21 am
Angel One gains on planning to raise funds Angel One is currently trading at Rs. 3781.80, up by 10.20 points or 0.27% from its previous closing of Rs. 3771.60 on the BSE. The scrip opened at Rs. 3841.85 and has touched a high and low of Rs. 3841.85 and Rs. 3751.30 respectively. So far 4388 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3900.35 on 09-Jan-2024 and a 52 week low of Rs. 1000.00 on 01-Mar-2023. Last one week high and low of the scrip stood ...
Angel One gains on planning to raise funds
Angel One gains on planning to raise funds
Source: Accord Fintech
2024-01-12 02:31:26 pm
Paytm to invest Rs 100 cr in GIFT City, to offer AI-driven cross border remittance One97 Communications Limited (OCL) that owns India's leading payments and financial services company Paytm, on Wednesday announced an investment of Rs 100 crore in Gujarat International Finance Tec-City (GIFT City) to build a global financial ecosystem, ahead of the 'Vibrant Gujarat Global Summit 2024'. The company will make the investment over a period of time and will seek requisite approvals for the same. With GIFT city as an ideal innovation hub for cross-border activity, P...
Paytm to invest Rs 100 cr in GIFT City, to offer AI-driven cross border remittance
Paytm to invest Rs 100 cr in GIFT City, to offer AI-driven cross border remittance
Source: IANS
2024-01-10 10:04:06 am
Services sector records robust growth in Dec 2023 India’s services sector posted a robust growth in December 2023 on the back of strong demand and a positive outlook ahead, according to an HSBC survey. Mumbai, Jan 5 (IAN) India’s services sector posted a robust growth in December 2023 on the back of strong demand and a positive outlook ahead, according to an HSBC survey. The HSBC India Services Purchasing Managers' Index compiled by S&P Global, shot up to 59.0 in Dec up from November's 12-month low of 56.9. T...
Services sector records robust growth in Dec 2023
Services sector records robust growth in Dec 2023
Source: IANS
2024-01-05 01:50:34 pm
Quess Corp inches up on getting nod to acquire 56% stake in Mfxchange Holdings Quess Corp is currently trading at Rs. 515.20, up by 0.90 points or 0.17% from its previous closing of Rs. 514.30 on the BSE. The scrip opened at Rs. 520.40 and has touched a high and low of Rs. 520.40 and Rs. 512.75 respectively. So far 3254 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 529.00 on 20-Dec-2023 and a 52 week low of Rs. 337.45 on 28-Mar-2023. Last one week high and low of the scrip stood at Rs. ...
Quess Corp inches up on getting nod to acquire 56% stake in Mfxchange Holdings
Quess Corp inches up on getting nod to acquire 56% stake in Mfxchange Holdings
Source: Accord Fintech
2023-12-26 10:15:25 am
Praveg surges on bagging work order for developing tents at Agatti Island, UT of Lakshwadeep Praveg is currently trading at Rs. 657.65, up by 8.90 points or 1.37% from its previous closing of Rs. 648.75 on the BSE. The scrip opened at Rs. 643.00 and has touched a high and low of Rs. 663.90 and Rs. 639.00 respectively. So far 42555 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 724.50 on 08-Dec-2023 and a 52 week low of Rs. 223.00 on 23-Dec-2022. Last one week high and low of the scrip stood at Rs. 684...
Praveg surges on bagging work order for developing tents at Agatti Island, UT of Lakshwadeep
Praveg surges on bagging work order for developing tents at Agatti Island, UT of Lakshwadeep
Source: Accord Fintech
2023-12-21 10:51:14 am
Country`s services exports touch $192 billion so far this fiscal: SEPC Services Export Promotion Council (SEPC) has said that the country's services exports have touched $192 billion so far this fiscal and are expected to reach $400 billion by the end of 2023-24.  SEPC said that key sectors which are recording healthy growth rates include telecom, computer, information, and transport and travel. It added that sectors like tourism, hospitality, and medical value tourism which suffered due to COVID-19 are now showing revival signs. In addition to this,...
Country`s services exports touch $192 billion so far this fiscal: SEPC
Country`s services exports touch $192 billion so far this fiscal: SEPC
Source: Accord Fintech
2023-12-14 10:38:33 am
Protean e-Gov Technologies soars on making additional equity investment in ONDC Protean e-Gov Technologies is currently trading at Rs. 1512.60, up by 132.50 points or 9.60% from its previous closing of Rs. 1380.10 on the BSE. The scrip opened at Rs. 1484.00 and has touched a high and low of Rs. 1618.80 and Rs. 1480.00 respectively. So far 787503 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,618.80 on 14-Dec-2023 and a 52 week low of Rs. 775.00 on 13-Nov-2023. Last one week high and low...
Protean e-Gov Technologies soars on making additional equity investment in ONDC
Protean e-Gov Technologies soars on making additional equity investment in ONDC
Source: Accord Fintech
2023-12-14 10:32:52 am
BLS International soars on bagging contract from High Commission of India in Canada BLS International Services is currently trading at Rs. 314.55, up by 18.20 points or 6.14% from its previous closing of Rs. 296.35 on the BSE. The scrip opened at Rs. 307.40 and has touched a high and low of Rs. 316.25 and Rs. 305.00 respectively. So far 207139 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 316.25 on 12-Dec-2023 and a 52 week low of Rs. 149.70 on 29-Mar-2023. Last one week high and low of the s...
BLS International soars on bagging contract from High Commission of India in Canada
BLS International soars on bagging contract from High Commission of India in Canada
Source: Accord Fintech
2023-12-12 10:23:43 am
ITCONS E-Solutions shines on entering into agreement with Anunta ITCONS E-Solutions is currently trading at Rs. 44.65, up by 1.62 points or 3.76% from its previous closing of Rs. 43.03 on the BSE. The scrip opened at Rs. 44.40 and has touched a high and low of Rs. 44.65 and Rs. 44.24 respectively. So far 6000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 55.78 on 11-Sep-2023 and a 52 week low of Rs. 33.01 on 29-Mar-2023. Last one week high and low of the scrip stood at Rs....
ITCONS E-Solutions shines on entering into agreement with Anunta
ITCONS E-Solutions shines on entering into agreement with Anunta
Source: Accord Fintech
2023-12-08 11:48:10 am
Affle (India) moves up on getting another patent in US Affle (India) moves up on getting another patent in US Dec-08-2023   11:20 Hrs IST Affle (India) is currently trading at Rs. 1142.35, up by 3.85 points or 0.34% from its previous closing of Rs. 1138.50 on the BSE. The scrip opened at Rs. 1149.70 and has touched a high and low of Rs. 1157.95 and Rs. 1130.85 respectively. So far 6420 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1206.10 on 08-Dec-20...
Affle (India) moves up on getting another patent in US
Affle (India) moves up on getting another patent in US
Source: Accord Fintech
2023-12-08 11:35:06 am
India`s services sector activity eases to 56.9 in November India’s services sector witnessed deceleration in growth during the month of November, amid softer expansions in new work intakes and output, the slowest in a year. As per the survey report, the seasonally adjusted S&P Global India Services PMI Business Activity Index eased to 56.9 in November from 58.4 in October. Further, the S&P Global India Composite PMI Output Index -- which measures both manufacturing and services -- also fell to 57.4 in November as against 58.4 in October...
India`s services sector activity eases to 56.9 in November
India`s services sector activity eases to 56.9 in November
Source: Accord Fintech
2023-12-05 01:43:18 pm
AGS Transact Technologies rises on winning order of Rs 1,100 crore from SBI AGS Transact Technologies is currently trading at Rs. 83.99, up by 5.53 points or 7.05% from its previous closing of Rs. 78.46 on the BSE. The scrip opened at Rs. 83.99 and has touched a high and low of Rs. 86.84 and Rs. 82.00 respectively. So far 14306 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 86.84 on 17-Nov-2023 and a 52 week low of Rs. 44.00 on 28-Mar-2023. Last one week high and low of the scrip stoo...
AGS Transact Technologies rises on winning order of Rs 1,100 crore from SBI
AGS Transact Technologies rises on winning order of Rs 1,100 crore from SBI
Source: Accord Fintech
2023-11-17 09:39:57 am
Buy Security And Intelligence Services Ltd For Target Rs.490 - Motilal Oswal Growth to remain strong; margin recovery to drive earnings Valuations remain favorable; reiterate BUY * SIS reported an in-line performance in 2QFY24. Its revenue increased 11.1% YoY, while its EBITDA margin stood at 4.7%. Despite a weak macro environment, SIS delivered healthy growth in 2QFY24. The management commentary remained strong, suggesting robust growth in 2HFY24 aided by strong order book. Cross-selling opportunities in India Security and Facility Management (FM) businesses, c...
Buy Security And Intelligence Services Ltd For Target Rs.490 - Motilal Oswal
Buy Security And Intelligence Services Ltd For Target Rs.490 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
2023-11-09 11:05:37 am
Buy Birlasoft Ltd For Target Rs.651 - Religare Broking Ltd Revenue in-line with expectations: Birlasoft reported healthy Q2FY24 revenue wherein rupee revenue came in at Rs 1,309.9cr, up by 9.9% YoY and 3.7% QoQ while revenue in dollar grew by 6.4% YoY and 3.1% QoQ to USD 158.3Mn. Constant currency revenue stood at USD 159Mn, up by 5.7% YoY and 3.1% QoQ. Overall growth was largely driven by the American region and segments such as manufacturing & BFSI along with a ramp up of order book. Robust margin improvement: The company’s EBITDA grew...
Buy Birlasoft Ltd For Target Rs.651 - Religare Broking Ltd
Buy Birlasoft Ltd For Target Rs.651 - Religare Broking Ltd
Source: Religare Broking Ltd
2023-11-01 03:17:16 pm
Buy SIS India Ltd For Target Rs.570- Yes Securities Ltd Inline financial performance in the quarter; margin recovery on track Result Synopsis SIS Ltd (SECIS) reported inline financial performance for the quarter. The sequential revenue growth and EBITDA margin were as per expectation. It reported revenue growth of 11.1% YoY (up 3.3% QoQ), led by India security business (up 13.3% YoY, up 5.9% QoQ) and Facilities management business(up 11.8% YoY, up 1.7% QoQ) and International Security business (up 8.4% YoY, up 1.3% QoQ in cc terms). There was...
Buy SIS India Ltd For Target Rs.570- Yes Securities Ltd
Buy SIS India Ltd For Target Rs.570- Yes Securities Ltd
Source: Yes Securities Ltd
2023-11-01 02:44:13 pm
BLS International Services zooms on signing global visa outsourcing contract for Slovakia BLS International Services is currently trading at Rs. 264.35, up by 14.65 points or 5.87% from its previous closing of Rs. 249.70 on the BSE.The scrip opened at Rs. 250.05 and has touched a high and low of Rs. 270.55 and Rs. 250.05 respectively. So far 295164 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 302.00 on 08-Sep-2023 and a 52 week low of Rs. 137.00 on 14-Oct-2022.Last one week high and low of the scrip stood at Rs. 27...
BLS International Services zooms on signing global visa outsourcing contract for Slovakia
BLS International Services zooms on signing global visa outsourcing contract for Slovakia
Source: Accord Fintech
2023-10-16 03:43:58 pm
Buy Carysil Ltd For Target Rs. 799 - Yes Securities We interacted with Mr. Anand Sharma- CFO of CARYSIL Ltd to understand the recent demand trends and business developments. Following are the Key Highlights from the same:* Demand has started to improve with big box retailers rationalizing their inventory. Though demand from new homes is under pressure due to inflationary scenario in overseas markets, replacement demand has been the key driver. In developed nations viz. USA, UK Quartz sinks constitutes ~15-20% of total kitchen sink...
Buy Carysil Ltd For Target Rs. 799 - Yes Securities
Buy Carysil Ltd For Target Rs. 799 - Yes Securities
Source: Yes Securities
2023-10-05 03:40:42 pm
India`s services sector growth strengthens to 61.0 in September India?s services sector growth strengthened in the month of September, as a positive demand environment boosted intakes of new business and output volumes. As per the survey report, the seasonally adjusted S&P Global India Services PMI Business Activity Index rose at 61.0 in September from 60.1 in August. Further, the S&P Global India Composite PMI Output Index -- which measures both manufacturing and services -- surged to 61.0 in September as against 60.9 in August.The latest data sh...
India`s services sector growth strengthens to 61.0 in September
India`s services sector growth strengthens to 61.0 in September
Source: Accord Fintech
2023-10-05 02:09:14 pm