Zydus Lifesciences Ltd shares dropped 5.90 per cent to ₹1,109.10 on the NSE at closee. The company announced a significant joint venture today where it revealed plans to acquire a 50% stake in Sterling Biotech Limited (SBL) from Perfect Day Inc., a Temasek portfolio company. This move marks Zydus’ entry into the fermentation-based protein business….
Target: ₹3,347 CMP: ₹2,793.25 Mahindra & Mahindra (M&M) Thar Roxx launch come as more practical offering while carrying the lifestyle off-roader appeal of Thar 3 door. The product do offer clear distinction, Roxx to cannibalize Thar 3 door to some extent while will get additional customers from mid SUV segment given price overlap with better…
Indian stock markets displayed strong momentum in afternoon trading on Monday, August 26, 2024, with both benchmark indices posting significant gains. As of 1:15 PM, the Nifty 50 index was up 208.65 points or 0.84% at 25,031.80, while the BSE Sensex climbed 704.02 points or 0.87% to 81,790.23. The market breadth remained positive, with 2,263…
Mangalam Drugs & Organics Limited has secured a grant of $274,800 from The Medicines for Malaria Venture (MMV) for research and development of Pyronaridine, as announced today. The grant will support efforts to improve the production technology and efficiency of pyronaridine, a component in antimalarial combination therapies. The shares of Mangalam Drugs & Organics Limited…
Shares of Anil Ambani-led group firms — Reliance Home Finance Ltd,Reliance Power and Reliance Communications — hit their lower circuit limits on Monday as investors continued to desert the counters after markets regulator Sebi barred the industrialist and 24 others from the securities market for five years on charges of diversion of funds from Reliance…
The shares of Anil Ambani-backed Reliance group companies experienced a sharp decline today following the Securities and Exchange Board of India’s (Sebi) five-year market ban on chairman Anil Ambani and 24 other entities. The regulatory action, which includes a ₹25-crore fine on Ambani, stems from an investigation into alleged fund diversion at Reliance Home Finance…
Raminfo Limited, a technology solutions company, announced the launch of Kisan Drones Private Limited today. The initiative aims to revolutionize agriculture by offering drone services for field mapping and fertilizer spraying. The shares of Raminfo Limited on the BSE were trading at ₹127.95, up by ₹10.85 or 9.27% at 11 am The company plans to…
Reliance Industries Stocks, Reliance Share Price Today, RIL Shares Live Updates for August 26, 2024: Reliance Industries shares were up close to 1% in early trade
Shares of Interarch Building Products will be listed on the exchanges today. The company has fixed the IPO pride at ₹900, at the upper end of the price band ₹850-900 after the issue closed with strong subscriptions. The IPO closed with overall subscription figures of 93.46 times, as institutional investors pumped in money on the…
Domestic markets are expected to open on a flat to positive note on Monday, thanks to the US Fed chief signalling an imminent rate cut. The US Fed Chair Jerome Powell on Friday signalled that the central bank would cut its interest rate in the September meeting. Gift Nifty at 24,950 against. Nifty futures (Aug) close…
