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While stating that the demand environment remains similar to that witnessed in Q2, Godrej Consumer Products expects consolidated revenue to decline in low-single digits YoY in INR terms.

The seasonality is likely to hurt revenue growth and margin performances of both tier-1 and tier-2 IT companies.

The PSU Bank rose from Rs 371 on 5th October 2023 to Rs 461 recorded on 5th January 2024 which translates into an upside of over 24% in 3 months.

Aamar Deo Singh says: "Nifty has formed a stalled pattern on weekly charts, indicating that it would meet with immediate resistance around the 21850-21900 zone whereas crucial support is seen around the last week’s high 21450-21500 zone. For Bank Nifty, support is seen around the 47300-47400 zone whereas resistance is around the 48500-48600 zone."

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Eris Lifesciences Ltd., incorporated in the year 2007, is a Mid Cap company (having a market cap of Rs 12633.84 Crore) operating in Pharmaceuticals sector.

Buy ACC, target price Rs 2615: Axis Securities

Updated at : 2024-01-08 10:20:02

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ACC Ltd. key Products/Revenue Segments include Cement, Ready Mix Concrete, Other Operating Revenue, Scrap for the year ending 31-Dec-2021.

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When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume.

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