Prestige Estates Projects reported a 77.4% YoY decline in net profit due to tax changes, while revenue rose 3%. Shares closed at Rs 1,606.5, with strong long-term growth.
Molbio Diagnostics shares rally 9% as Jefferies initiates ‘high conviction top pick’ call for recently listed stock. Why is it bullish?
Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high-conviction top pick. The brokerage set a Rs 1,600