Divi Lab News Today

But nonetheless, I think even when it has not performed so much, I think if somebody has to put fresh money, I think it surely makes a lot of sense given the performance, valuation comfort, I do not see much of a challenge over there. And recently, the fact bond yields went down when you had that big dividend payout, I think there was a bit of an outperformance. So, I think you could look for some more outperformance at least over the next 6 to 12 months.

Shorts are still holding on to positions in names like RIL and TCS, said experts, which is dragging the index lower.

BSE Sensex and NSE Nifty down, with key support and resistance levels, top gainers and losers, and market analysis.

Indian benchmark indices saw a sharp correction on Wednesday's session amid selling pressure ahead of the final phase of elections. The Nifty 50 index declined by 0.80 percent, or 183 points, to close at 22,704.70, while the BSE Sensex fell by 667 points, or 0.89 percent, settling at 74,502.90. All indices except for the Nifty Small Cap 100, faced selling pressure and closed with declines.

Get latest articles and stories on Business at LatestLY. Indian benchmark indices saw a sharp correction on Wednesday's trading session amid selling pressure ahead of the final phase of elections Business News | Indian Markets Correct Sharply as Election Enters Its Final Phase.

Equity benchmarks climb on positive monsoon forecast, HDFC Bank and Reliance Industries gains in early trade.

Indian stock markets closed marginally below on Tuesday after a high volatility during the trading. The equity markets experienced a pause after a three-day streak of record highs.

Check the brokerage calls and comments on the stocks in action. Today we cover Torrent Pharma, Divis Lab, Ashok Leyland among others following their Q4 results.

Despite brokerages raising price targets for Divis Labs following its robust performance in Q4, they maintained neutral recommendations on the stock. Their rationale lies in the belief that the current stock valuations already the current stock valuations factor in much of its growth prospects.

Indias bluechip indexes hit record highs for third straight session in a row on Monday, as strong quarterly reports from Torrent Pharma and Divis Labs lifted pharma stocks, while Adani Ports rose on...