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Apr 22, 2024 02:52 PM IST

Bondada Engineering Share Price Surged by 1423.2%, Know Why?

Since its debut on the BSE SME platform in August 2023, Bondada Engineering has seen a remarkable surge in its share price, climbing an impressive 1423.2%. Investors from the IPO have witnessed substantial gains, potentially earning up to 18.3 lakhs in just over eight months. This dramatic increase is attributed to several factors, including the company's strategic move to incorporate a new subsidiary, Bondada Green Engineering Pvt Ltd, focusing on metal frames for building structures, coupled with strong financial performance, boosting investor confidence and fueling a sustained bull run.

Apr 22, 2024 02:52 PM IST

TCS Impresses with Record Wins: Analysts Bullish on Double-Digit Growth

Despite the positive outcomes observed in the March quarter, Tata Consultancy Services (TCS) management appeared reluctant to forecast a clear growth recovery, according to analysis by UBS. The brokerage highlighted concerns about potential risks of contract deferments and slippages, attributing these fears to prevailing uncertain macroeconomic conditions.

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