Page 3 - Ipca Labs News Today

For Friday, share market analyst from a domestic brokerage has assigned Buy calls on Torrent Power, Ipca Labs and VA Tech Wabag. Check price targets and other crucial details.

The domestic pharmas growth of 3.5 percent is the lowest monthly growth this year as a slowdown was seen across all key therapies

Coming to the buildup of fresh short positions, when the stock prices move downward and open interest on the counter increases, it is taken as a sign of a long build-up.

Brokerage house InCred Equities sees FY24 Nifty target at 21,103 and maintains an ‘overweight’ stance. Meanwhile, it recommends booking profits after a 20.8 percent return from the Nifty Infrastructure index in the last six months.

Tata Technologies IPO to open in Top News on November 22: Flair Writing IPO, Fedbank Financial Services IPO to open, Stock market, Nifty outlook, Mamaearth owner Honasa Consumer Q2 Results in focus.

In the second quarter of FY24, the Pharma stocks saw strong revenue growth of 14.3% year-over-year and 1.7% quarter-over-quarter

Among index majors, Coal India, Eicher Motors, Hindalco Industries, Mahindra & Mahindra, and Oil and Natural Gas Corp are set to release their quarterly numbers.

IPCA Labs will release its Q2 results on November 10

Only eight stocks in the smallcap space delivered double-digit returns. Black Box was the top gainer in the week with 20.64% returns.

Top stock picks for today: Mileen Vasudeo from Arihant Capital Markets said that traders can buy Ipca Labs at current levels. "The stock is forming an accumulation pattern," he said.