News for Morepen Laboratories Limited (MOREPENLAB.BO)

Stocks including Adani Green, Vedanta, IRFC, Adani Energy, Welspun Corp, Premier Energies, Innova Captab, J&K Bank and more will be in the spotlight on Wednesday, January 15.

An analyst from JM Financial said that Post the stellar performance in the 1st half of 2024, HAL in the last 5 months had declined from a high of Rs 5,675 to a low of Rs 3,920.

Stocks including NTPC Green Energy, Awfis Space Solutions, LTIMindTree, JSW Steel, HG Infra, Reliance Infra, Indian Overseas Bank and more will be in the spotlight on Wednesday, December 11.

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Morepen Labs share price: The stock jumped 12.45 per cent to hit its new 52-week high of Rs 92.43. It was last seen trading 12.17 per cent higher at Rs 92.20. At this price, the scrip has gained 55.90 per cent in a month and 87.59 per cent on a year-to-date (YTD) basis.

The stock hit a multi-year high of Rs 88.85 was trading 63 per cent higher against its qualified institutional placement (QIP) price of Rs 54.37 per share.

Indian stock markets show modest gains driven by global cues, with Sensex at 80,465.67 and Nifty at 24,578.50.

Shares of Morepen Laboratories soared 6.46 per cent at Rs 61.89 per share on the BSE in Monday's intraday trade

The BSE Healthcare index gained around 6% during April-June 2024, while the benchmark BSE Sensex gained 7% during the same period

Top stock picks for today: "Our take is that the Budget announcement should not have any negative surprises. If there are no negative surprises, market will focus back on earnings," Mayuresh Joshi told Business Today TV.

Date: 29.04.2024 National...

Feb 09, 2022 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to Morepen Laboratories Limited Q3 FY22 earnings conference call. Joining us on t

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Sensex, Nifty updates on 23 February, 2024: During Friday’s trading session, India’s benchmark stock indices, Sensex and Nifty, went through a volatile phase and ended lower due to selling pressure in IT and select banking stocks. The BSE Sensex closed at 73,142.80, slipping 15.44 points, with 17 components in the red and 13 in the green. Although it opened higher, profit-taking activities led to losses later in the day, with the index fluctuating between 73,413.93 and 73,022. The broader Nifty of NSE also closed lower at 22,212.70, down 4.75 points. While FMCG, pharma, and financial shares gained, losses in IT and private bank shares offset these gains. On the global front, markets were mostly higher, following impressive quarterly results by Nvidia that led to strong gains in US markets.

In the broader market, the Nifty Midcap 100 index, which saw its biggest one-day fall in over a year on Wednesday, rebounded and rose 0.6%, while the BSE Smallcap index gained close to 1%. Mazagon Dock Shipbuilders, JSW Energy, NHPC, Coromandel International, and Oil India were the major gainers in the midcap space, rising 3-6%.

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In June, the best-performing sectors in the Indian market were consumer discretionary, realty, healthcare, automobiles, and capital goods. The S&P BSE Realty, Healthcare, and Capital Goods sectors saw 9-10% upside. Smallcap stocks in the automobile and auto ancillary sector also performed well. Analysts remain bullish on the auto ancillary space due to strong automobile demand. In the capital goods space, 31 smallcap stocks had double-digit returns. The healthcare sector also gave good returns, with several stocks experiencing significant gains. However, banks, financials, information technology, and oil and gas sectors underperformed.

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