HCL Technologies announced a multi-year agreement with Fiskars Group, consisting of a family of lifestyle brands including Fiskars, Gerber, Iittala, Royal Copenhagen, Waterford and Wedgwood. HCL as a partner will enable Fiskars to standardize and harmonize their IT and business processes, drive operating model transformation and increase overall digital maturity.
Avenue Supermarts (D-Mart) said that its standalone revenue from operations has increased to Rs 5,031.75 crore in Q1 June 2021 from Rs 3,833.23 crore in Q1 June 2020, registering a YoY growth of 31.27%.
Shares of India Pesticides will debut on the bourses on today, 5 July 2021. The issue price is Rs 296 per share.
CSB Bank said that its total deposits increased 14.17% to Rs 18,652.80 crore as on 30 June 2021 from Rs 16,337.95 crore as on 30 June 2020.
Gujarat Ind restores unit-2 of Surat plant business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
GMM Pfaudler and Dilip Buildcon are among companies that will announce their March quarter results today.
Sun Pharma: The drug major reported an over two-fold jump in consolidated net profit to Rs 894.15 crore for the quarter ended March 2021, mainly on account of robust performance in the Indian market. The company had posted a net profit of Rs 399.84 crore in the corresponding period of the previous fiscal.
Eicher Motors: The automaker reported a 73 per cent jump in consolidated profit after tax at Rs 526.14 crore for the fourth quarter ended March 31, 2021, riding on better sales. The company had posted a consolidated profit after tax of Rs 304.28 crore in the fourth quarter of the previous fiscal.
Yoganand D
BL Research Bureau |
Updated on
May 11, 2021
×
The stock of Gujarat Industries Power Company (GIPCL) has gained 5.5 per cent with above average volume on Tuesday and has breached the medium-term down trend-line. The gaining bullish momentum provides traders with a short-term perspective an opportunity to buy the stock at current levels. The stock recorded a 52-week high at ₹94.5 in mid-December 2020 and witnessed a corrective decline. However, the stock found support at around ₹72 in early February this year and began to move higher. The stock once again took support at around ₹72 in late April and started to trend upwards. Recently, the stock had surpassed the moving average compression (21-, 50- and 200-day moving average) at around ₹76 and it continued to trend upwards. There has been an increase in volume over the past three trading sessions. The daily relative strength index features in the bullish zone and the weekly RSI has entered this zone from the n