In a notable development in the Indian stock market, 37 lakh shares, equivalent to 0.9% of the total equity of healthcare products manufacturer Mankind Pharma Ltd., changed hands in multiple block deals during early trading on Wednesday. The shares were traded at an average price of Rs 2,083 per share, culminating in a total transaction …
The Indian economy is on an upward trajectory, and core sectors are leading the charge. These sectors, producing essential materials like steel, cement, power, and fertilizer, are witnessing significant capital expenditure (capex) plans, indicating a positive outlook for industrial activity. This surge in capex is being driven by a combination of factors, including government initiatives, …
H.G. Infra Engineering Limited has announced a significant strategic move by entering into a Memorandum of Understanding (MoU) with Ultra Vibrant Solar Energy Private Limited on July 8, 2024. This MoU outlines the company’s intention to acquire shares or voting rights in project companies, either by incorporating new companies or by purchasing shares of existing …
On Tuesday, the market hit a record high, led by gains in the Autos and FMCG sectors. The Sensex rose by 0.49% to close above the 80,300 mark, while the Nifty gained 0.46%, closing above 24,400. In the sectoral landscape, Nifty Auto, Nifty Pharma, and Nifty PSU Bank were the top gainers, while Nifty IT …
Shares of Maruti Suzuki India Ltd. (MSIL) surged as much as 6.5% to Rs.12,935 today amid heavy trading volumes followed by the Uttar Pradesh (UP) government’s decision to waive the registration fee on hybrid cars, aiming to promote green technology. Government Incentives The UP government’s step to extend zero registration fees to hybrid vehicles, alongside …
During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Hindustan Construction Company Ltd Hindustan Construction Company Ltd is currently trading at Rs 51.55, with a previous close of Rs 48.72, marking a 5.81% increase. The stock’s 52-week high is Rs 53.4, reflecting …
On July 9, 2024, Alembic Pharmaceuticals announced that it had received final approval from the US Food & Drug Administration (USFDA) for its Bromfenac Ophthalmic Solution, 0.07%. This medication treats inflammation and pain following cataract surgery and is equivalent to Bausch & Lomb’s Prolensa Ophthalmic Solution, 0.07%. According to IQVIA, the market size for Bromfenac …
Marvel Decor Ltd, an SME listed on the NSE, specialises in window covering solutions with infrastructure spanning 2 lakh sq. ft. at Jamnagar, Gujarat. Known for its innovation, quality, and attention to detail, the company boasts the world’s largest range of products in the industry, making it a trusted name in the sector. The company …
Fischer Medical Ventures Ltd (Fischer MV), a leader in healthcare, has partnered with Tech Avant-Garde (TAG), an educational solutions provider, to launch health programs in schools across India. This partnership aims to improve the health of students and their communities, creating a better learning environment. Fischer MV’s Healthcare Innovations and Mission Fischer MV, previously known …
Frontline indices experienced a notable rise today, nearing recently touched record highs on the bourses. Leading gainers included consumer durables, auto, utilities, and fast-moving consumer goods sectors, while telecommunication, energy, and oil & gas sectors reported modest losses. At 11:00 am, the BSE Sensex surged 0.29% reaching a level of 80,196. The Nifty 50 index …
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