Mon, Oct 9, 2023 2:54 PM
Mumbai Metropolitan Region real estate set for boost
A Flip by Shubhangi Gupta
It looks at all the stocks on an exchange like the National Stock Exchange (NSE). The Advance-Decline Ratio (ADR) compares the number of stocks with higher prices to the number with lower prices. To find the ADR, you divide the number of stocks going up by the number going down on a stock index. It is a quick way to know what the market is doing.
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Ajanta Pharma, a specialty pharmaceutical formulation company, witnessed a 13.70% surge in its shares during morning trade today, reaching a new all-time high of ₹2,540 apiece. This surge follows the company's stellar performance in the quarter ending March and for the full fiscal year.On Thursday, after market hours, the company released its financial results, reporting a 66% YoY jump.
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Aptus Value Housing Finance India on Friday reported a 21% Y/Y rise in March quarter net profit to Rs 164 crore against Rs 135 crore reported in the year-ago period, backed by healthy business expansion. The net profit was Rs 612 crore for FY24, reflecting 22% growth over the preceding fiscal. Its interest rate spread, however, fell 8.71% for the quarter against 8.9% in the year-ago period.
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