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According to ICICI Direct Research, the Nifty remains on track towards achieving the CY30 target of 50,000, with a projected CY24 target for Nifty set at 25,200.

While you can say that in spite of heat it was decent performance, I am looking at trend lines and I expect the catch up will happen really from Q2 when there will be improvements vis-a-vis the previous year in occupancy.

ETMarkets examined stocks that have delivered returns exceeding 25% in each of the last four quarters, including the current Q1FY25.

A total of 2,213 shares changed hands on the counter till 01:38PM (IST).

Promoters held 0.0 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 23.06 per cent and 13.44 per cent, respectively.

On the technical charts, the RSI of the stock stood at 70.74.

Medicamen Organics IPO, with 315 times subscription, plans to raise Rs 10.5 crore for expansion. The company aims to utilize net proceeds for international market registration and production capacity enhancement, targeting a share premium in the unlisted market.

The stock quoted a 52-week high of Rs 979.8 and a 52-week low of Rs 509.05.

Sebi is intending to advance the timing of terminating special rights, from the date of listing of IPO shares to the date of filing of updated DRHP.

The Relative Strength Index of the stock stood at 47.34 on Tuesday.