Mid-cap Indian stocks with positive sentiment in the last 24 hours:
- Deepak Nitrite: The company has received a US patent for its novel process for manufacturing 2-Ethylhexyl Acrylate. This is a positive development for the company as it will help to protect its intellectual property and could lead to increased sales.
- Dixon Technologies: The company has won a new order worth Rs. 100 crore from a leading global smartphone brand. This is a positive development for the company as it will boost its revenue and help to improve its margins.
- Laurus Labs: The company has received a US patent for its novel process for manufacturing Latanoprost. This is a positive development for the company as it will help to protect its intellectual property and could lead to increased sales.
Mid-cap Indian stocks with negative sentiment in the last 24 hours:
- L&T Technology Services: The company’s Q1 FY24 revenue growth missed estimates. This is a negative development for the company as it suggests that its growth is slowing down.
- Ashok Leyland: The company’s Q1 FY24 profit declined YoY. This is a negative development for the company as it suggests that its profitability is under pressure.
- Fortis Healthcare: The company’s board has approved a proposal to raise up to Rs. 1,500 crore through a rights issue. This is a negative development for the company as it suggests that it is struggling to raise capital through other means.
It is important to note that these are just a few examples of the news that have been published about these mid-cap Indian stocks in the last 24 hours. The actual impact of these news articles on the stock prices of these companies will depend on a variety of factors, including the overall market sentiment and the specific details of the news articles.
I hope this helps!