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"For next few quarters – we expect esports to continue to build on the momentum of Q4 and with opening of offline events and growth of D2C biz with M&A of Wings and Planet Super Hero will be key drivers of growth in Nodwin while launch of new sports in US will be key driver of growth in SportsKeeda. We expect skill-based real money gaming to emerge as a growth driver on its own steam. M&A will drive scale of freemium as well as skill based real money gaming."

“Our overall view on the pharma sector remains neutral right now. Some of the larger companies are trading at an attractive valuation. For example, the likes of Sun Pharma, Cipla are doing well but I think the entire space will take some more time to come out of the woods.”

The stock, with a market capitalization of over Rs 1,700 crore, hit a record high of Rs 1,818 on May 20, 2022. The stock lost momentum after hitting a high, but experts feel that it is a good buy on dips stocks till Rs 1,650-1,330 levels.

Morgan Stanley has initiated coverage on SRF with an overweight stance with a target of Rs 2,757. It also initiated coverage on Aarti Industries (target Rs 954) and Navin Fluorine (Rs 4,562).

Majority of the crypto tokens were trading lower on Tuesday. BNB and Tron were the only two players rising, whereas Bitcoin and Ethereum were among the top losers. Avalanche and Solana dropped 5 per cent each.

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Rossari Biotech Ltd., incorporated in the year 2009, is a Small Cap company (having a market cap of Rs 4931.95 Crore) operating in Chemicals sector.

Venus Pipes and Tubes lists at 3% premium on BSE

Updated at : 2022-05-24 10:25:03

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The Rs 165.42 crore initial public offering (IPO) of Venue Pipes & Tubes was open for subscription between May 11-13 as the company sold its share in the price range of Rs 310-326 apiece.

Delhivery shares list at 2% premium over IPO price

Updated at : 2022-05-24 10:25:03

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On the BSE, the counter was listed at a premium of just 1 per cent or Rs 493, compared to the mentioned issue price.

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The industry, including Vi, did not lose active users in the March quarter even after 20-25% tariff hikes in November-December last year. This, analysts said, underlined that the market is ready to take another hike in its stride as telecom tariffs in India remain amongst the lowest globally.

IRCTC pauses insurers' services

Updated at : 2022-05-24 09:25:02

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​​​The vulnerability was discovered by researchers Avinash Jain and Aseem Shrey. According to Jain, the vulnerability called IDOR (insecure direct object reference) allowed anyone to extract passenger information for insurance payout.

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