SMC Global Securities said that Infosys recently reached its 52-week high of Rs 2,006.45, but retraced to around the Rs 1,880 level since then due to profit-taking.
An analyst from Master Capital said that Indian Hotels shows a strong bullish momentum as the price has recently broken above previous highs, indicating renewed buying interest.
Deepak Nitrite has been in a declining trend since January 2024 resulting in a correction from Rs 2,519 to Rs 2,035. Thereafter, it entered a phase of base building, said an analyst.
Specialty chemical shares: Emkay said the December quarter was a subdued quarter owing to demand slowdown in chemicals due to destocking of channel inventory build-up and rescheduling of orders at the customers’ end.
Kotak has downgraded Deepak Nitrite to 'Reduce' rating, saying the stock has run up 18 per cent since it initiated coverage on July 23 and now trades at 36 times FY24 and 30 times FY25 EPS.
Bharti Airtel, Zomato, MRF Q1 Results, Digital Personal Data Protection Bill in Top News on Aug 3: Maruti Suzuki, Coforge ex-dividend stocks, SBFC Finance IPO, Amazon Great Freedom Festival in focus.
Dividend stocks today: Several stocks including Hero MotoCorp, JK Tyre, Pidilite Industries, Saregama India and Ultratech Cement will trade ex-dividend on Thursday. Watch this Visual Story to see the full list of stocks that will be trading ex-dividend on July 27, 2023.
Top stocks of the week: Benchmark indices Nifty50, Sensex snapped a six-day winning streak and ended deep in red on Friday, July 21, 2023. Polycab India, Mphasis, Zensar Tech, Tanla Platforms, RITES, Route Mobile among top stocks this week.
Top stocks of the week: Domestic equity markets moved higher on Friday and ended the week with big gains. BSE Sensex surged more than 502 points, or 0.77% to end at 66,060.90, while NSE's Nifty50 gained 150.75 points, or 0.78% to close at 19,564.50. Check top stocks of the week.
Mehta was a first-generation entrepreneur and used his skills in trading and manufacturing to set up Deepak Nitrite in 1970.
Deepak Nitrite stock ended 9.58% higher at Rs 2136 against the previous close of Rs 1949.70 on BSE. The stock rose 10.74% to Rs 2159 against the previous close of Rs 1,949.70 on BSE.





