Shares of Valiant Communications Limited were locked in the upper circuit on Friday, gaining 5.00 per cent. The stock has witnessed heavy buying activity from investors in the last few days. Hence, the stock is locked in the upper circuit. The stock has gained more than 100 per cent in the last six months.
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The RBI's Monetary Policy Committee raised the repo rate by 40 basis points to 4.4% and the cash reserve ratio by 50 basis points to 4.5%. Meanwhile, GST collections reached all-time high of ₹1.68 lakh in April 2022, a 20% increase from last year. Additionally, Franklin Templeton MF discontinued SIP & STP transactions for three international schemes, while Axis MF made changes to its fund managers
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Latent View Analytics reported Q1 results, with a 21.13% year-over-year (YoY) increase in topline and 19.47% YoY increase in profit. Revenue grew 4.22% quarter-over-quarter (q-o-q) and profit decreased 13.22% q-o-q. The company's operating income decreased 6.86% q-o-q but rose 37.5% YoY. Earnings per share (EPS) was ₹1.88, up 18.24% YoY. The company has a market cap of ₹10,896.25 crore.
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