RAINBOW CHILDRENS MEDICARE LTD Q4 RESULTS
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Responsible Innovation, how a blueprint for collaborative action is advancing global healthcare
On the occasion of the Abu Dhabi Global Healthcare Week (ADGHW), Dr. Asma Ibrahim Al Mannaei, Executive Director of the Research and Innovation Centre, discusses the UAE's prioritisation of healthcare in driving investments and partnerships focusing on advancing technology and attracting top talent and fostering collaboration with India reflecting shared challenges and opportunities in healthcare. Overall, collaboration with global partners and investment in manufacturing capabilities exemplify the UAE's commitment to healthcare excellence and innovation, while initiatives like Malaffi enhance data-driven services. Read on to discover how ADGHW aims to faciliate responsible innovation in healthcare, even as the UAE emphasises patient rights protection in an era of advancing AI and data usage.
Empowering healthcare innovations: Dr. Noura Khamis Al Ghaithi on ADGHW's role in global healthcare collaboration
H.E. Dr. Noura Khamis Al Ghaithi discusses ADGHW as a platform for global healthcare collaboration, focusing on innovations and partnerships with Indian healthcare providers. The event aims to develop precision health initiatives, strengthen life sciences research, attract medical tourism, and support a growing startup ecosystem.
Do Dr Lal Pathlabs' results indicate a turnaround for the sector? 4 stocks from diagnostic space, 3 with upside potential of up to 31%
Some sectors have a company which can be called as the bell weather of that sector and that is why its results of that company probably are indicative of what is happening in the sector. In case of the diagnostic, it is probably the Dr Lals path labs which would fit the criteria, it has national presence, large network, present in both physical and digital segment. So when the quarterly numbers come and they show improvement on many fronts then probably it is time to have a look at them more seriously and see if there is a possible turnaround building in the sector. This became even more important because these stocks had gained extremely high valuation and also popularity in terms of both retail and institutional participation. But then for close to two years, they have been a strong under performer in a strong bull market. Does this result mean that finally in terms of price war for customer acquisition over and now the valuation readjustment will start in the upward direction.
Technical Breakout Stocks: How to trade Godrej Properties, Rainbow Children and ABB India on Tuesday?
Indian markets closed mixed on Monday tracking the muted trend seen in other Asian markets. The S&P BSE Sensex rose while the Nifty50 closed 33 points lower.
Anand Rathi initiates coverage on 6 hospital stocks with upside potential of up to 25%
Anand Rathi initiates coverage on 6 hospital stocks, recommending 'buy' for Max Healthcare, Rainbow Children’s Medicare, KIMS, and Jupiter Life-Line Hospitals, while suggesting 'hold' for Global Health (MEDANTA) and Narayana Hrudayalaya. They cite India's healthcare market potential, driven by demographic changes and non-communicable diseases, forecasting 15% CAGR to Rs 7.7 lakh crore by FY25.
Mukesh Ambani-owned company's shares surge 14% ahead of Q4 results
The shares of RIL-owned chocolate manufacturer, Lotus Chocolate rallied 14% to hit a 52-week high of Rs 470 on BSE in Tuesday's trade ahead of its Q4 results which are due later today.
PlayStation 5, Xbox X/S, PC offers new video game this week. Details here
PlayStation 5, Xbox X/S and PC gamers have a good news as there will be a new video game.
Meta posts sharp profit, revenue increase in Q4 thanks to cost cuts and advertising rebound
Meta Platforms Inc. tripled its profit to $14 billion, or $5.33 per share, in Q4 2023, up from $4.65 billion, or $1.76 per share, a year earlier. Revenue grew 25% to $40.11 billion from $32.17 billion. Monthly active users on Meta's apps reached 3.98 billion, up 6% from 2022. Meta is forecasting Q1 2024 revenue of $34.5 billion to $37 billion, above expectations. It had 67,317 employees as of Dec. 31, 2023, a decrease of 22% year-over-year.
Q3 results this week: Axis Bank, Adani Power, Tata Steel, Tech Mahindra, PNB, YES Bank and others
Here's a look at the upcoming release of December quarter report cards by various companies including Axis Bank, Bajaj Auto, DLF, Tata Steel, Tech Mahindra, Adani Power, JSW Steel, SBI Life, PNB, Macrotech Developers, and YES Bank. Additionally, companies such as Colgate-Palmolive (India), Coforge, Oberoi Realty, Mangalore Refinery And Petrochemicals, Lloyds Metals & Energy, Authum Investment & Infrastructure, Sobha, Karur Vysya Bank, Zensar Technologies, Chennai Petroleum Corporation, Spandana Sphoorty Financial, Tamilnad Mercantile Bank, VST Industries, IIFL Securities, Gensol Engineering, and Oriental Hotels will also be releasing their report cards.
BASF India, Amara Raja Energy among 5 stocks with RSI trending down
Understand the significance of Relative Strength Index (RSI) and how it impacts stock movement as we delve into why certain stocks are witnessing declining RSI trends.
ITI, Sunteck Realty, 2 other stocks trading with bearish RSI
ETMarkets highlights 4 such stocks that may face headwinds despite their overbought status. Understand why RSI matters in stock analysis.
RIL, Mahindra Logistics among 10 stocks with RSI trending up
Dive into the world of stock analysis as we explore the significance of the Relative Strength Index (RSI) and its trending up patterns. In this article, we delve into stocks identified by StockEdge with ascending RSI trends, spotlighting 10 selections handpicked by ETMarkets. Discover the role of RSI in deciphering market momentum and shaping investment decisions.
Aurobindo Pharma among 8 BSE Pharma Index stocks which surge to new 52-week highs on Friday
Glenmark Life Sciences achieved a new 52-week high at Rs. 658 on July 21, 2023. As a subsidiary of Glenmark Pharma, Glenmark Life Sciences is a leading developer and manufacturer of active pharmaceutical ingredients (APIs) and intermediates.
Q4 results this week: Tata Motors, L&T, Asian Paints, Vedanta, DLF and others
The March quarter earnings for IT companies have been disappointing, while the banking and finance sector has shown strong numbers. This week several significant companies such as Tata Motors, L&T, Asian Paints, DLF, Vedanta and Avenue Supermarts are releasing their March quarter report cards. On May 11, Eicher Motors, Aditya Birla Capital and ITI are set to release their reports. Meanwhile, Larsen & Toubro, Godrej Consumer Products and Dr Reddy's Laboratories will release theirs on May 10. Avenue Supermarts is set to release its report on May 13.
Nursing your portfolio; 4 healthcare services stocks with an upside potential up to 20%
During the Covid phase, while beds of hospitals were full, their bottomlines did not grow much. That’s because of pricing restrictions and other issues. After Covid, as elective surgeries and other services restarted, growth is back on the table for a select few players. It is one of the sectors where institutional investors have increased their overall exposure. The following list is based on an upside estimated by the analysts, in a descending order.
Stocks in the news: HDFC, Tata Motors, Vodafone Idea, TVS Motors and IRB Infra
Life Insurance Corporation of India, the country's largest insurer, has increased its stake in HDFC to over 5 per cent following the acquisition of shares from the open market.
Share market update: Most active stocks of the day in terms of traded value
The NSE Nifty index closed 4.95 points up at 18701.05
Rainbow Children's Medicare makes a muted debut, lists at 9% discount on bourses
Through its initial public offering (IPO), Rainbow Children's Medicare raised Rs 1,580.85 crore by offering its shares in the range of Rs 516-542 apiece. The issue was open for subscription between April 27-29.
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