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"During the quarter, we continued to demonstrate strong GMV growth with improvement in gross margin, efficiency in fulfilment and marketing cost lead to improvement in EBITDA margin YoY," Nykaa said in an exchange filing.

The Relative Strength Index (RSI) is at 68.1. RSI below 30 is considered oversold and above 70 is considered overbought, Trendlyne data showed. MACD is above its center and signal Line, which is a bullish indicator.

"Britannia’s growth acceleration is likely more backed by the success of its own GTM (go-to-market) strategy and increase in distribution reach, we reckon. Subsidiaries’ (Dairy + International) performance was more subdued - sales growth of just 4.8% while EBITDA declined by 11.2%," JM Financial said.

“It is not as if we do not invest in small and midcaps. We have capped that investment at a certain level, particularly in smallcaps because in smallcaps, the risk is when things go out suddenly, the liquidity disappears. We do not want to take those kinds of chances. That is why we will never be 40% smallcaps or something like that.”

​​The Hyderabad-based drugmaker disappointed the Street which was estimating a profit of Rs 630 crore.

The IPO consists of a fresh issue of equity shares aggregating to Rs 500 crore and an offer for sale (OFS) of up to 5.08 crore equity shares from its promoters and existing shareholders.

Wall Street closed higher on Friday in volatile trading to snap a four-session losing streak, as investors wrestled with a mixed jobs report and comments from U.S. Federal Reserve officials on the pace of interest rate hikes.

Last heard, the shares of DCX Systems were commanding a premium of Rs 75-80 in the grey market, which went to Rs 85-90 at its peak. However, the premium in the unofficial market has been stable for the majority of the period.

Setting up any manufacturing facility is a long-drawn process which requires significant infrastructure development, construction of the facility as per various standards, a slew of approvals, lining up the labour supply, logistics, etc. Taking a leaf out of the successful flexible and common workspaces model which provides ready-to-use infrastructure for services companies, a similar solution for manufacturing can be considered.

“People who say that we should be buying any kind of stock at any valuations just because India will be in such a Goldilocks kind of scenario where the market will not correct – might not play out as well because overall markets operate on valuations, earnings, etc. Shift in sectoral or stock specific allocations should be done and that is the only way it will perform.”