Leading brokerage Anand Rathi has given buy call to the stock of Eris Lifesciences Ltd for a target price of Rs 870 apiece with a potential gain of 26%. Driven by its standalone business (up 11%) and Oaknet acquisition (Rs315m), Eris' Q1 consolidated revenue grew 14% y/y to Rs4bn. The change in the product mix led to a 163bp drop in the gross margin to 78.7%.
The cryptocurrency markets have improved marginally today, similar to other assets like gold, and silver. In the past 1 month, Bitcoin has been up by 9.84%, and, the asset has been up by 4.82% in the last 5 days. Today, till 6.05 pm UTC, Bitcoin gained by 3.23% and was quoted at US$ 23,925, in intra day trading.
There are times when the amount deducted from the salary against the EPF contribution is not deposited into the EPF account. This is the reason why the retirement fund body-the Employee Provident Fund Organisation (EPFO) gives subscribers access to check their contribution together with that of the employer in their account online.
The stock price of Jindal Cotex Ltd. has fallen to a 52-week low-level today. Its current market price stood at Rs. 2.50/share on NSE, falling by 3.85%, till last traded. In the last 1 month, its share price has fallen by 9.09%. In the past 6 months, its stock price fell by 45.05%, and in the last 1 year, it has plunged by 20.63%.