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Voltas shares surged 13% to reach a 52-week high of Rs 1,392 on NSE after reporting record sales of 20 lakh AC units in FY 2023-24. The stock also showed impressive returns of over 60% in the past 12 months, outperforming Nifty.
The NSE Nifty index was trading 102.9 points up at 22616.6
Info Edge's stock hit a 52-week high post 10.45% YoY billings growth. Nomura reiterated buy stance targeting Rs 6,210.
Equity benchmark indices in India are expected to begin the week on a positive note, following the global trend....
"Even for the new talent who are aspiring for jobs in the IT industry, upskilling is now the real need and they have to invest in terms of expanding their own skill set.Almost 60% to 70% of the positions that we used to hire a year back used to be in .NET and Java. But those requirements have now come down to almost 50% whereas all the new requirements, new positions are asking for niche skills like AI and ML and transformative initiatives."