Stay updated with breaking news from Axis Securities. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Share price of the little-known IT services companies rallied to Rs 121.44 on February 22, 2024 against Rs 3.23 a year ago. For the nine-month ended December 2023, Archana Software reported a loss of Rs 0.10 crore against Rs 0.09 crore in the same period a year ago.
Nvidia's market capitalization nearing $1.9 trillion has exceeded the combined market capitalization of all 30 companies listed on the Sensex.
Stock market has already risen 1% this year. A correction in the next three months is unlikely, say analysts polled by Reuters.
Persistent Systems continues to report strong growth even during the challenging times with increasing client engagement, Axis Securities said. The broking firm assigned KPIT Tech target price based on 47x FY26E EPS .
Rajesh Palviya, of Axis Securities, says Godrej Property and BEL are promising in the real estate space. Godrej Property has a near-term target of Rs 2,450 with a stop loss of Rs 2335. BEL is consolidating and can extend momentum towards Rs 198-202. Prataap Snacks and Graphite are also showing positive trends.