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Promoter Italian Thai Development Considers Divesting ITD Cementation Stake

Promoter Italian Thai Development Considers Divesting ITD Cementation Stake

4 July 2024

Italian Thai Development is considering selling its stake in ITD Cementation after seeing a 252% rally in the stock over the past year.ITD Cementation informed the stock exchange on July 3, 2024, that his promotor company, Italian-Thai Development Public Company Ltd., wanted to sell his stake in the company. The promotion company, Italian-Thai Development, has …

Alembic Pharmaceuticals Secures US FDA Tentative Approval for Ivosidenib Tablets, 250 mg

Alembic Pharmaceuticals Secures US FDA Tentative Approval for Ivosidenib Tablets, 250 mg

4 July 2024

Alembic Pharmaceuticals Limited has informed the stock exchanges that the company has obtained tentative approval from the US Food & Drug Administration (US FDA) for its Abbreviated New Drug Application (ANDA) concerning Ivosidenib Tablets, 250 mg. This approved ANDA is deemed therapeutically equivalent to Tibsovo Tablets, 250 mg, the reference listed drug product (RLD) marketed …

Marico Partners with Kaya to Expand Personal Care Product Reach

Marico Partners with Kaya to Expand Personal Care Product Reach

4 July 2024

Marico Limited announced in a stock exchange filing that it has partnered with Kaya. Marico will exclusively handle the sales and marketing of Kaya’s extensive range of over 75 science-based personal care products outside of Kaya’s clinics. This collaboration aims to leverage both companies’ established expertise and capabilities, unlocking untapped growth potential by enhancing the …

Market Movers: Here Are Today’s High-Volume Buzzers!

Market Movers: Here Are Today’s High-Volume Buzzers!

4 July 2024

Indian frontline indices continued their rally, reaching new all-time highs on the bourses once again today. Information technology, auto and power sector stocks were on a strong uptrend, while financial services, energy, oil and gas sectors remained weak. At 10:35 am, the BSE Sensex gained 0.14% reaching a level of 80,100. The Nifty 50 index …

Power, Defence and Railway Stocks: Riding High on Government Push and Capex Boost

Power, Defence and Railway Stocks: Riding High on Government Push and Capex Boost

4 July 2024

PSU stocks in the Indian stock market have shown remarkable performance, emerging as significant wealth generators. Some have recorded impressive returns of up to 800% in less than a year, largely driven by increased capital expenditure (capex) and government-led initiatives favouring PSU companies. The recent election victory of the Ruling party, forming the government at …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

4 July 2024

The benchmark index S&P BSE 500 opened today at 36,238.58 and made its day high at 36,267.70, and it is trading in green today, up by more than 0.10%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. Honasa Consumer Ltd …

Technical Picks to Keep an Eye on Lupin & NHPC

Technical Picks to Keep an Eye on Lupin & NHPC

4 July 2024

Based on technical analysis, Lupin & NHPC are identified as upside potential stocks. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 1,719.80 and Rs 102.87 respectively, their price aligns with positive signals from technical indicators like RSI and …

Upper Circuit Stocks Today – 04 July, 2024

Upper Circuit Stocks Today – 04 July, 2024

4 July 2024

On Thursday, the benchmark indices were trading in the green with the Sensex up around 285 points or 0.36% at 80,277, while the Nifty-50 was up around 82 points or 0.34% at 24,368. About 2,126 shares have advanced; 920 declined and 105 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

VA Tech Wabag Wins Arbitration Against Kerala Water Authority

VA Tech Wabag Wins Arbitration Against Kerala Water Authority

4 July 2024

Va Tech Wabag Ltd (WABAG) has secured a significant arbitration award against the Kerala Water Authority, as reported in a recent stock exchange filing. This development stems from a dispute concerning contract agreement no. 10/2006, dated October 13, 2006, related to the JBIC Assisted Kerala Water Supply Project, Package-1 works for the Cherthala Scheme, which …

Inox Wind Receives ₹900 Crore Infusion to Achieve Net Debt-Free Status

Inox Wind Receives ₹900 Crore Infusion to Achieve Net Debt-Free Status

4 July 2024

On July 4, 2024, Inox Wind Limited (IWL) announced in a stock exchange filing that it has successfully completed an infusion of approximately ₹900 crore by its promoter, Inox Wind Energy Limited (IWEL). This significant capital infusion was facilitated by funds raised by IWEL on May 28, 2024, through the sale of equity shares of …

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