Abhay Doshi, co-founder, UnlistedArena, said the company was an exemplary example of a profitable startup with a reputed promoter.
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"Our overall growth momentum across our brands / categories has shown a consistent trajectory with good recovery on volume growth trends quarter-on-quarter. Overall penetration trends remain strong and are seeing favourable trends quarter-on-quarter," CPIL Managing Director Ram Raghavan said.
The stock quoted a 52-week high price of Rs 633.55 and a 52-week low of Rs 236.7.
Γ’β¬ΕThe hiding places typically have been sectors like consumer, pharma and one cam add insurance too.Γ’β¬Β
A total of 36,809 shares changed hands on the counter till 02:13PM (IST).
When the government resumed the scheduled domestic flights on May 25 last year after a two-month break, the ministry allowed the carriers to operate not more than 33 per cent of their pre-Covid services.
Γ’β¬ΕQ2 was a good platform to spring into growth. Hopefully India and the economy is on a trend up. We think we can tap into that and start gaining share, which we have been doing consistently and hopefully Q3 onwards the trajectory and the momentum is strong.Γ’β¬Β
Mining and energy stocks climbed 1 per cent and 0.7 per cent, respectively, boosted by oil prices at multi-year highs and copper prices advancing as inventories in Shanghai exchange warehouses dropped to a more than 12-year low. The focus is on a slew of earnings this week, including from Facebook, Microsoft, Deutsche Bank, and Lloyds Banking Group, as well as a European Central Bank meeting in Frankfurt on Thursday.
Γ’β¬βΉJM Financial called September the perfect quarter for ICICI Bank and said the stock is up for rerating. It has a target of Rs 1,010 on the stock. Motilal sees the stock at Rs 1,000, Emkay Global at Rs 950, Edelweiss Rs 890 and Goldman Sachs at Rs 829.
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