Apollo Pipes Ltd reports 19 per cent volume growth; stock ends positive
Apollo Pipes Ltd reports 19 per cent volume growth; stock ends positive

Apollo Pipes Ltd reports 19 per cent volume growth; stock ends positive

Pratik Shastri Article rating: 4.6

During the first quarter of the current fiscal year, when the lockdown was most severe, the company had delivered sales 10,633 MT, a decline of 24 per cent on a YoY basis. However, on a QoQ basis, there was a growth of 9 per cent, which was driven by steady demand revival in CPVC pipes and value-added products.

Suprajit Engineering gains 8 per cent on reporting 13 per cent YoY revenue growth
Suprajit Engineering gains 8 per cent on reporting 13 per cent YoY revenue growth

Suprajit Engineering gains 8 per cent on reporting 13 per cent YoY revenue growth

Pratik Shastri Article rating: 5.0

The company in its press release mentioned that Q2FY21 group sales stood nearly Rs 450 crore, which is higher by 15 per cent as compared to the same period last year. One of the most stand statements from the company is regarding the aftermarket demand.

Sensex, Nifty gain by nearly one per cent; TCS gains by more than 7 per cent, Page Industries declines 4 per cent
Sensex, Nifty gain by nearly one per cent; TCS gains by more than 7 per cent, Page Industries declines 4 per cent

Sensex, Nifty gain by nearly one per cent; TCS gains by more than 7 per cent, Page Industries declines 4 per cent

DSIJ Intelligence Article rating: 5.0

After a long weekend, the domestic markets saw some volatility on Monday. Sensex gained by 276.65 points or by 0.71 per cent to close at 38,973.70 levels while Nifty rose by 86.40 points or 0.76 per cent to settle at 11,503.35 levels.

Multibagger stock: Aarti Drugs locks in at upper circuit
Multibagger stock: Aarti Drugs locks in at upper circuit

Multibagger stock: Aarti Drugs locks in at upper circuit

DSIJ Intelligence Article rating: 3.5

On Monday, the shares of Aarti Drugs locked in at its upper circuit of 5 per cent at Rs 850.60 per share. The shares of Aarti Drugs locked in at its upper circuit consecutively for the third trading session thus, making this, its longest gaining streak of around 15.75 per cent in a month.

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