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Several multicap funds gave double-digit returns last month, with Karma Capital Advisors’ Wealth Builder multicap strategy giving more than 10% returns. It has been a consistent

Despite the challenging environment in IT recruitment, the growth in billings and rationalization of spending in 99acres, Shiksha and Jeevansathi businesses helped generate cash from operations in the quarter, said Chintan Thakkar, CFO and whole-time director.

In this article, we dive into the significance of RSI in assessing stock movements, offering insights into a recent trend report. Highlighting the importance of RSI-based decision-making, we explore ten stocks that have experienced an RSI trending up, potentially shaping investment strategies.

August 10, 2023, marked a significant day for large and midcap stocks as several companies surged above their 50 Simple Moving Averages (50 SMA), signaling a strong market momentum and highlighting the growth potential within this segment.

Net interest margin for the quarter improved to 10.1% as compared with 9.1% in the year-ago period. Net interest income was at Rs 225 crore against Rs 177 crore. Pre-provisioning operating profit rose 48% at Rs 117 crore

On the technical charts, the 200-day moving average of the stock stood at Rs 1398.61.

Typically, licensing income tends to be lumpy. When we out-license any of our molecule to our customers, we receive the licensing income and we have had an out-licensing deal or transaction with a partner which led to this large income during this quarter

A total of 3,434,054 shares changed hands on the counter till 02:11PM (IST)

Revenue from operations during the first quarter, however, rose 16% YoY to Rs 4,418 crore. The same stood at Rs 3,796 crore in the year-ago quarter.

In April, Raymond agreed to sell its consumer business Raymond Consumer Care including brands such as Park Avenue deodorant and Kamasutra condoms to Godrej Consumer Products for $345 million in a bid to turn debt-free.