Sensex Today | Nifty 50 | Stock Market Live Updates: Sensex surges over 600 points, Nifty above 23,950; all sectors in green
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Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
Dr Lal PathLabs shares surged after a strong Q1FY27 earnings beat, driven by higher realisations and price hikes. Brokerages including Nomura, Nuvama and JM Financial raised target prices, citing robust growth outlook, network expansion and improving margins, with continued momentum expected from diagnostics demand and strategic investments.
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Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO business and affordable medicines portfolio. The company also reported margin expansion, reaffirmed its capex plans, and continued to attract higher institutional interest, boosting investor sentiment.
CXMT Corp shares surged dramatically on their Shanghai trading debut. The memory chipmaker’s stock price increased by as much as 470%. This surge briefly made CXMT China’s most valuable listed company. The blockbuster listing offers investors a test of appetite for the semiconductor sector. CXMT raised over $8 billion through its initial public offering.
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Zen Technologies shares fell significantly after reporting lower first-quarter profits and revenue. The company experienced a revenue decline of over 10% year-on-year. Management highlighted a robust order pipeline and improved execution visibility for upcoming quarters. Zen Technologies closed the quarter with a substantial order book of over Rs 1,000 crore. Institutional investor interest in the…