Latest news with #TejasShah
Economic Times
10-07-2025
- Business
- Economic Times
Laurus Labs shares zoom 19% to hit new all-time high. Is there more heat left?
Laurus Labs stock's recent breakout above the Rs 720–Rs 725 range seems to be a key driver behind its bullish momentum. Laurus Labs surged over 19% in 11 days, hitting a record high of Rs 799.4. Analysts see strong bullish momentum supported by a multi-year breakout, volume patterns, and technical indicators, but advise caution for fresh buyers due to overbought conditions and potential profit-booking zones. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Laurus Labs shares have seen an impressive 19.35% surge in the last 11 days, reaching a new all-time high of Rs 799.4 today on the BSE. This rally has sparked significant investor interest, with technical analysts offering positive insights on the stock's performance and its future stock's recent breakout above the Rs 720–Rs 725 range seems to be a key driver behind its bullish Laurus Labs continues its strong upward trajectory, experts are weighing in on how to approach trading at these elevated levels. While some analysts remain bullish, they also caution investors to be strategic, with key support levels and potential profit-taking zones to Tejas Shah, Senior Vice President of Technical Research at JM Financial Services, Laurus Labs has experienced a multi-year breakout above the Rs 720–Rs 725 levels, sparking a sharp highlighted that this uptrend is supported by increasing volumes during gains and tapering volumes on declines, which is considered a classic sign of healthy stock continues to trade above its 50-day Exponential Moving Average (EMA), reinforcing the positive trend. Mr. Shah further highlighted the emergence of an Ascending Triangle pattern on the weekly chart, which validates the breakout.(Source: JM Financial)The overall chart structure appears strong, and with the relative strength of the stock and favorable sector tailwinds, Laurus Labs is positioned as a strong outperformer in the near to medium expects the stock to potentially move towards Rs 890 and Rs 945 over the next 6 to 12 months, with key support seen in the Rs 720–Rs 725 Gour, Senior Technical Analyst at Swastika Investmart , also weighed in on the stock's strong uptrend, noting that Laurus Labs has made a significant move from the Rs 650–Rs 700 range, showing clear stock is trading above all key moving averages, and the steep upward slope of the 20-SMA and 50-SMA signals strong short-term momentum. Furthermore, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) remain in favour of the stock's bullish existing shareholders, Gour advises trailing the stop-loss below the 9-SMA (Rs 755) to protect profits. He also suggests partial profit booking in the Rs 820–Rs 850 zone if momentum starts to slow potential new entrants, however, he cautions against aggressive fresh buying at current levels due to the overbought RSI. Instead, he recommends waiting for a retest of the Rs 755–Rs 770 levels or looking for bullish candle confirmation on lower time-frames before entering the technical outlook for Laurus Labs suggests a strong uptrend, with bullish momentum supported by solid chart structures and favourable sector conditions. While the stock has shown impressive growth recently, analysts recommend a cautious approach for new buyers at current levels.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
10-07-2025
- Business
- Time of India
Laurus Labs shares zoom 19% to hit new all-time high. Is there more heat left?
Laurus Labs shares have seen an impressive 19.35% surge in the last 11 days, reaching a new all-time high of Rs 799.4 today on the BSE. This rally has sparked significant investor interest, with technical analysts offering positive insights on the stock's performance and its future potential. The stock's recent breakout above the Rs 720–Rs 725 range seems to be a key driver behind its bullish momentum. As Laurus Labs continues its strong upward trajectory, experts are weighing in on how to approach trading at these elevated levels. While some analysts remain bullish, they also caution investors to be strategic, with key support levels and potential profit-taking zones identified. According to Tejas Shah, Senior Vice President of Technical Research at JM Financial Services, Laurus Labs has experienced a multi-year breakout above the Rs 720–Rs 725 levels, sparking a sharp rally. He highlighted that this uptrend is supported by increasing volumes during gains and tapering volumes on declines, which is considered a classic sign of healthy accumulation. The stock continues to trade above its 50-day Exponential Moving Average (EMA), reinforcing the positive trend. Mr. Shah further highlighted the emergence of an Ascending Triangle pattern on the weekly chart, which validates the breakout. (Source: JM Financial) The overall chart structure appears strong, and with the relative strength of the stock and favorable sector tailwinds, Laurus Labs is positioned as a strong outperformer in the near to medium term. He expects the stock to potentially move towards Rs 890 and Rs 945 over the next 6 to 12 months, with key support seen in the Rs 720–Rs 725 range. Also read: Q1 results season begins: Pace of downgrades may slowdown. Top Nifty, midcap, smallcap stock ideas Pravesh Gour, Senior Technical Analyst at Swastika Investmart , also weighed in on the stock's strong uptrend, noting that Laurus Labs has made a significant move from the Rs 650–Rs 700 range, showing clear momentum. The stock is trading above all key moving averages, and the steep upward slope of the 20-SMA and 50-SMA signals strong short-term momentum. Furthermore, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) remain in favour of the stock's bullish momentum. For existing shareholders, Gour advises trailing the stop-loss below the 9-SMA (Rs 755) to protect profits. He also suggests partial profit booking in the Rs 820–Rs 850 zone if momentum starts to slow down. For potential new entrants, however, he cautions against aggressive fresh buying at current levels due to the overbought RSI. Instead, he recommends waiting for a retest of the Rs 755–Rs 770 levels or looking for bullish candle confirmation on lower time-frames before entering the stock. The technical outlook for Laurus Labs suggests a strong uptrend, with bullish momentum supported by solid chart structures and favourable sector conditions. While the stock has shown impressive growth recently, analysts recommend a cautious approach for new buyers at current levels. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
13-06-2025
- Business
- Time of India
The beauty tech pioneer: How L'Oréal is transforming work inside out
The company is moving beyond isolated digital tools to connected, contextual, and ethical R&D, AI helps chemists simulate and test new product marketing, virtual try-ons use augmented and virtual reality to allow users to preview products with stunning operations, intelligent demand sensing boosts forecast accuracyIn HR and collaboration, tools like L'Oréal GPT and Microsoft Copilot automate workflows, summarize meetings, and enhance knowledge sharing. In a time when enterprise technology is undergoing seismic change, L'Oréal has emerged as a global trailblazer. At the heart of its transformation is a fundamental reimagining of work, not as a sequence of digital tasks, but as an orchestrated, intelligent flow that learns, evolves, and creates value. Tejas Shah , CIO of L'Oréal India, is at the forefront of this journey. In a conversation with the ETCIO DeepTalks that dives deep into systems thinking, AI design, and ethical guardrails, Shah opens up about how L'Oréal is not just adopting technology, but embedding intelligence into the very fabric of its operations. While L'Oréal leads with early adoption of enterprise AI, major competitors like Estée Lauder, Shiseido, and Unilever are also making bold strides in integrating intelligence into their digital strategies. Estée Lauder, for instance, has heavily invested in AR-powered beauty apps and virtual skincare diagnostics, and is deploying analytics across supply chains to better predict demand. Shiseido has focused on real-time skin data analysis and personalized skincare solutions through AI-powered consumer apps. Unilever, on the other hand, is leveraging AI not only for product personalization but also to accelerate sustainability insights through digital twins and smart factories. Each of these companies brings a different approach to the AI frontier, but what sets L'Oréal apart is its enterprise-wide orchestration, from internal collaboration to product R&D, ensuring intelligence touches every layer of the organization. A Beauty Tech Vision: Embedding Intelligence Everywhere L'Oréal's ambition to become the number one beauty tech company in the world wasn't just a marketing slogan. It was a pivot with purpose. In 2018, the company made a bold declaration that reshaped its investment strategy, operational philosophy, and innovation playbook. It started with a central idea: 'Beauty for each, powered by tech.' This meant serving not just consumers, but employees and the planet, through personalized, responsible, and intelligent solutions. Beauty Tech for us means beauty for each, powered by tech. Each, refers to our consumers, our employees, and the planetTejas Shah AI didn't enter L'Oréal's ecosystem in 2023. The company began experimenting with automation and artificial intelligence as far back as 2015. What changed post-2018 was scale and intent. With 115 years of data, the company found a unique edge, its deep knowledge base. This historical data became the training ground for a wide array of AI models that now power everything from personalized hair color recommendations to predictive sales prompts and operational insights. This vision materializes across multiple enterprise touchpoints: Product R&D: AI models suggest optimal formulations based on historic and real-time & CX: Virtual try-ons using AI/AR help customers visualize products before Chain: Intelligent demand sensing ensures the right products reach the right places at the right Productivity: With tools like L'Oréal GPT, a custom enterprise LLM, employees are summarizing documents, generating content, and enhancing decisions, responsibly. Workflows That Think: Redefining Productivity The use of AI at L'Oréal is not confined to one silo. In R&D, AI helps chemists simulate and test new product formulations. In marketing, virtual try-ons use augmented and virtual reality to allow users to preview products with stunning realism. In operations, intelligent demand sensing boosts forecast accuracy, while in HR and collaboration, tools like L'Oréal GPT and Microsoft Copilot automate workflows, summarize meetings, and enhance knowledge sharing. One standout innovation is a Teams plugin developed in collaboration with Maybelline. 'Employees working across time zones can launch the plugin and instantly apply digital make-up before joining a video call,' Shah shares. 'It's a simple yet powerful example of how intelligence can be humanized.' The transformation isn't about layering tools, it's about reimagining workflows. L'Oréal's enterprise systems now come equipped with: Copilots across Microsoft 365 to assist with meetings, documents, and Now Assist to proactively resolve IT virtual plugin for Teams, a unique use of AI to enhance digital presence during meetings. But these tools didn't emerge because traditional systems were broken. As Shah explains, L'Oréal's culture is about 'seizing what begins.' That means actively exploring emerging technologies not just to fix pain points, but to create new possibilities. Still, some longstanding challenges like siloed data, context-blind automation, and limited proactive assistance pushed the company to evolve its approach. AI, with its capacity for contextual awareness, pattern recognition, and scalability, offered a compelling path forward. The pandemic years were another catalyst. With hybrid work, disrupted supply chains, and changing consumer expectations, the company saw the urgency of having systems that could think and adapt. Employees sought tools that were not only productive but engaging. Customers demanded personalized and green solutions. 'The shift wasn't just digital. It was cultural,' says Shah. Every workflow, from emails to sales enablement, is becoming intelligent, connected, and more contextual,' says Shah. 'We've moved from isolated automation to systems that understand the who, what, and why behind every task. Architecture Principles Rooted in Purpose To anchor this transformation, L'Oréal put in place 12 global architecture principles. These include user-centricity, extended enterprise readiness, a single source of truth for data, and privacy-by-design. The company also emphasizes sustainable and secure infrastructure. 'We want to avoid tech debt. That's why governance, though sometimes seen as policing, is actually strategic foresight,' Shah explains. Our 115-year-old dataset is a competitive edge. When we train on it, we make sure it doesn't become part of a public commons. We internalize when it mattersTejas Shah One critical strategic choice L'Oréal made was to internalize its AI models in high-stakes use cases. For example, L'Oréal GPT is a proprietary large language model trained not only on global models like OpenAI but also on internal company data, safeguarded through enterprise-grade privacy policies. This approach ensures that L'Oréal's competitive intelligence doesn't get generalized into publicly available models. The results have been tangible. Around 70% of employees in India now use L'Oréal GPT at least once a month. The Microsoft Copilot suite is helping summarize meetings, draft emails, and speed up documentation. Sales teams using AI-assisted recommendations have shown measurable uplift in performance. More shelf availability. Better promotion effectiveness. Higher customer satisfaction. Measurement is key. L'Oréal defines KPIs at both the macro and micro levels. For general tools, adoption and usage rates serve as proxies for impact. For specific use cases, like AI-driven sales assistants, metrics like revenue uplift, time saved, or customer experience improvement are tracked rigorously. 'We know exactly what each AI initiative is meant to achieve,' says Shah. Balancing Innovation, Governance & Trust Yet with power comes responsibility. Ethical AI is a core tenet at L'Oréal. A dedicated GenAI task force oversees global strategy, while every solution passes through a design authority that vets for sustainability, data privacy, security, and ethical compliance. The company also conducts Privacy Impact Assessments and follows six pillars of responsible AI: human oversight, safety, transparency, fairness, sustainability, and accountability. This isn't theory, it's practice. For instance, L'Oréal prohibits the use of model images in its AI-based beauty trials to avoid racial or aesthetic bias. The company also tracks the carbon footprint of its AI systems, committing to green tech as part of its innovation agenda. 'We don't use model faces in any of our AI try-ons. That's a deliberate choice to ensure diversity and prevent bias,' Shah notes. 'Ethical, explainable, and sustainable AI isn't an option, it's a responsibility.' People at the Center: Upskilling & Change Management To ensure successful adoption, L'Oréal invested in people as much as platforms. Mandatory learning programs such as 'Data for All,' 'AI for All,' 'Cybersecurity for All,' and 'Ethical AI' are built into onboarding and ongoing training. These programs are refreshed regularly and tracked by HR. The company also uses community-specific approaches for onboarding external users like salon partners. Stylists in top salons now use apps that scan scalp conditions and recommend personalized treatments using AI. 'Change agents, user experience managers, and empathetic communication are crucial,' Shah adds. 'There is no one-size-fits-all. Gen Z wants sleek tools, while veterans need coaching. Change management has become a serious capability.' Looking Ahead: The Agentic AI Era As for the future, Shah is looking at agentic AI, the next evolution where systems will not just recommend decisions but execute them. Imagine an AI that approves purchase orders within defined guardrails or auto-responds to customers with full autonomy. 'We're entering a phase where AI won't just support work. It will do the work,' he says. 'Can an AI autonomously approve a purchase order based on business context and policy? That's where we're headed,' Shah says. 'The future is self-adapting, value-generating workflows.' The CIO's Evolving Role: From IT to Value Realization This shift redefines the role of the CIO. 'We're not just IT partners anymore. We're value creators. It's not enough to implement a tech project. We have to ensure it delivers ROI,' says Shah. He believes CIOs should own not just execution but the outcomes, measured in terms of business impact, productivity, and user satisfaction. Shah's closing advice to peers is to focus on three things: create value, act fast, and learn faster. 'Don't wait to perfect your use case. Pilot quickly. Fail if you must. But move forward with learning and conviction.' At L'Oréal, the future isn't about adding more tools. It's about making work intelligent, contextual, and beautifully human. Digital sprawl is easy. Digital intelligence is hard. But that's our responsibility, to transform isolated tools into orchestrated Shah (With Inputs from Aakansh Gupta)
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Business Standard
11-05-2025
- Business
- Business Standard
Stock in India, Pakistan set for relief rally following 'understanding'
Foreign investors, who had been on a 16-day buying streak in Indian shares until the clashes flared up Friday, may resume flows as volatility subsides Bloomberg Stocks in India and Pakistan are set for a relief rally following a surprise ceasefire agreement between the two nuclear-armed neighbours on Saturday, as investor focus shifts back to improving economic outlook. Foreign investors, who had been on a 16-day buying streak in Indian shares until the clashes flared up Friday, may resume flows as volatility subsides. Meanwhile, in Pakistan, the International Monetary Fund's approval of $1 billion in immediate disbursement along with a new $1.4 billion plan for climate resilience will be a booster for its fragile finances. Investors had been nervous. India's NSE Nifty 50 Index slid more than 1% on Friday — its steepest fall in over a month — while the rupee was one of Asia's worst performers last week. Bond yields crept higher as risk premiums widened, although debt purchases by the Reserve Bank of India helped limit the declines. Pakistan's key stock index is down 9% since the April 22 attack in Kashmir, which prompted India to retaliate. India's bonds and foreign currency markets are closed on Monday for a public holiday. With the immediate geopolitical risks easing, investors are expected to pivot to positive signals in India, including hopes for an early US trade deal, ample liquidity, and expected rate cuts by the RBI. In Pakistan, traders anticipate a relief rally, as border tensions overshadowed a surprise interest-rate cut by the State Bank of Pakistan and prospects for additional IMF funding. 'Assuming nothing changes from today onward, I see the Pakistan stock market hitting a 5% upper circuit,' said Mohammed Sohail, chief executive at Karachi-based Topline Securities Ltd. Still, the threat of renewed tensions remains, as India has yet to lift its abeyance on the Indus Water Treaty — a move that could harm a large part of Pakistan's farm output. Meanwhile, a top Indian diplomat said that Pakistan violated the truce just hours after it was declared, a claim Pakistan has denied. 'There is still some uncertainty around the pause in fighting and the language from both sides will be important to monitor going ahead,' said Tejas Shah, head of derivatives trading at Equirus Securities. 'I don't think we will see a 4-5% move in the Indian market Monday. If we do, some investors will come in to book profit.'
