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A total of 4,119 shares changed hands on the counter till 01:24PM (IST)

​So what this means is that the terminal rate in calendar year 26 is actually higher by 50 bps which is nothing but the 50 bps of rate cuts which were taken away from calendar year 24 estimates.

The Relative Strength Index of the stock stood at 56.72 on Thursday.

A total of 11,900 shares changed hands on the counter till time (IST).

We are actually looking at some specific niche areas. We are looking at data engineering. We are looking at supply chain analytics. We are looking at specific areas like revenue growth management and pricing analytics.

“Maket has been chasing growth. We have seen this happen a number of times in the past, especially when the retail participation in the market is very, very high. Across sectors, you will find that irrespective of market cap bracket that stocks of the companies fall in, if a company is delivering higher growth rates than the industry average, it is trading at a premium.”

“Maybe there was a lull in a couple of quarters in this calendar year wherein they did not get enough orders but the managements kept on indicating that the orders are getting ready and they are not getting released and that situation has started coming in. Many of the mid-tier IT companies have already started confirming that in this particular quarter they have had a reasonably good amount of order inflows coming in.”

The Relative Strength Index of the stock stood at 55.84 on Thursday.

Similarly, after the decline observed on September 12th, 2023, both the Nifty Midcap 150 and Small Cap 250 indices have not yet completely bounced back. However, there are 26 stocks within the Nifty Midcap 150 and 54 stocks within the Small Cap 250 that are now trading above their September 11 highs.