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A total of 74,609 shares changed hands on the counter till 01:48PM (IST).

ETMarkets analysed NSE 500 companies that reported over 50% YoY sales growth and 100% YoY profit jump in Q4. Nine companies made the cut.

​A bullish signal is hinted that suggests that the price shall move upwards when the MACD crosses up through the signal.​

As of 31-Mar-2023, promoters held 51.5 per cent stake in the company, while FIIs held 6.91 per cent and domestic institutional investors had 2.25 per cent.

Berger Paints has broken out from a falling trendline on weekly charts, suggesting room for the stock to retest levels closer to its 52-week high of INR710. The stock price may be down by around 9% from its 52-week high, but has recovered by more than 20% since hitting a 52-week low of INR527 on 3 February 2023. The positive momentum has helped Berger Paints breach its 200-week moving average and reclaim falling trendline resistance on the weekly charts. Experts suggest the stock represents a buying opportunity in the range of INR640 to INR630, and further upside potential up to INR700 in the next month.

​I would not say that we would have significant upside from a market as a whole but there is a lot of stock picking opportunities that we have been able to sort of benefit from in last two years, but I think that is a trend which is going to be there even into the future.

The brokerage expects the company to clock sales/EPS CAGR of 18%/17% over FY23-25E as it expects a) increase in wallet share with customers, b) transition to EVs to provide next leg of growth and c) new customer additions.

Companies are increasingly investing in advanced generative AI platforms due to their success rate and potential in transforming businesses. The COVID-19 pandemic further accelerated the need to build technology capabilities across several sectors, which opened up new opportunities for the IT industry. Generative AI holds significant potential to transform businesses across several sectors, and US IT major Accenture identified over 300 potential use cases across 19 industries. Though generative AI can drive demand tailwinds, cost competitiveness will remain key for the IT sector. Reports suggest that the global AI market, currently worth $130 billion, has the potential to grow by 40% over the next 7-8 years.

NHPC has posted 39.40 per cent growth in consolidated net profit at Rs 719.18 crore for March quarter 2022-23 helped by higher income. It had clocked a net profit of Rs 515.90 crore during January-March 2021-22, the company said in a regulatory filing on Monday

eClerx Services, incorporated in the year 2000, is a Small Cap company (having a market cap of Rs 7805.57 Crore) operating in IT Enabled Services sector.