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Investors can buy the stock on dips to Rs 905-910 (37.5x FY23E EPS) and add further in Rs 820-825 (34x FY23E EPS) band for a base case fair value of Rs 993 (41x FY23E EPS) and bull case fair value is Rs 1054 (43.5x FY23E EPS) in the next two quarters.
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MUMBAI: Snapping their 3-day winning streak, domestic equity markets traded range-bound in the negative territory on Friday, with a few episodes of gains. Amid mixed global cues and record COVID-19 cases back home, coupled with reports of vaccine supply crunch, the benchmark indices dropped 0.3 per cent today.
April 09, 2021 / 10:44 AM IST Zensar Technologies share price was up over 2 percent intraday on April 9 after the company entered into a global strategic partnership with US-based Claimatic. The company announced that they have entered into a global strategic partnership with US based Claimatic.
Zensar Technologies has been declared a winner in the Cloud Consultancy/MSP of the year in the international Cloud Computing Awards program, The Cloud Awards. The Cloud Awards is an international program which recognizes and honors industry leaders, innovators and organizational transformation in cloud computing.
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Indian indices ended lower on Friday after a volatile session dragged mainly by banking and energy stocks, as a surge in COVID cases kept investors cautious after some states imposed new restrictions. The Sensex ended 155 points lower at 14,591 while the Nifty fell 39 points to settle at 14,835.
Nifty futures on the Singapore Exchange traded 63 points lower at 14,882 around 8.40 am, indicating a negative start for the benchmark indices on Friday. Here are the top stocks to track in today's session: Bharti Airtel: Department of Telecom (DoT) in an SC affidavit said it is planning to slap Videocon Telecommunications Ltd's adjusted gross revenue (AGR) dues of Rs 1,376 crore on Bharti Airtel.
Check out the companies making the biggest headlines before the bell.
No one likes being given the wrong information. Investors reacted in dismay and sent Fibrogen (FGEN) shares deep into the red following the company's embarrassing announcement. The biotech company said it had gotten the analysis for its therapy for sufferers of anemia related to chronic kidney disease, well, wrong.The company said that the data from the late-stage study of roxadustat had "included post-hoc changes to the stratification factors."
HONG KONG (Reuters Breakingviews) - ONE HIT. The company behind one of the world's most successful mobile games has applied to go public in South Korea. Krafton, which counts China's Tencent as a key backer, more than doubled operating profit last