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Shares of Lupin surged and hit a fresh 52-week high; here’s why

Shares of Lupin surged and hit a fresh 52-week high; here’s why

12 September 2023

Lupin Limited, a pharmaceutical company headquartered in Mumbai, India has announced its plans to enter into a strategic business transfer agreement with its wholly-owned subsidiary, Lupin Manufacturing Solutions Limited (LMSL). This decision was approved by the company’s Board of Directors during their meeting held on September 11, 2023. After the news today shares of company …

KKR to invest Rs 2,069.50 crore into Reliance Retail Ventures; details inside

KKR to invest Rs 2,069.50 crore into Reliance Retail Ventures; details inside

12 September 2023

Global investment firm KKR, through an affiliate, will invest Rs 2,069.50 crore into Reliance Retail Ventures (RRVL), a subsidiary of Reliance Industries. This investment values RRVL at a pre-money equity value of Rs 8.361 lakh crore, which makes it among the top four companies by equity value in the country. KKR’s follow-on investment will translate …

From Rs 3 to Rs 55: India’s first and only semiconductor IC assembly and test facility company hits 5% upper circuit

From Rs 3 to Rs 55: India’s first and only semiconductor IC assembly and test facility company hits 5% upper circuit

12 September 2023

Shares of SPEL Semiconductor Limited witnessed a significant surge today. The stock opened trading at Rs 55.62, which is 4.9% higher than the previous day’s closing price of Rs 53.02. What’s more, the stock hit an upper circuit limit of 5%, and currently, there are no sellers available on BSE. At the time of writing, …

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 12 September, 2023

Upper Circuit Stocks Today – Stocks Locked in Upper Circuit on 12 September, 2023

12 September 2023

On Tuesday, the benchmark indices were trading lower with the Sensex down around 17 points or 0.02% at 66,111 and the Nifty-50 down around 23 points or 0.12% at 19,973. About 734 shares have advanced, 2,693 declined, and 143 are unchanged on the BSE. Top gainers and losers on the BSE Sensex Index are as …

Gufic Biosciences Receives Approval for Acute Pain Treatment: Stock Surges

Gufic Biosciences Receives Approval for Acute Pain Treatment: Stock Surges

12 September 2023

Gufic Biosciences Limited (Gufic) has received approval from the Therapeutic Group Administration (TGA) in Australia and the National Health Surveillance Agency (ANVISA) in Brazil for Parecoxib Sodium 40mg Lyophilized Powder for Injection, a selective COX-2 inhibitor that will be used in adult patients for the short-term treatment of acute pain and post-operative pain. Gufic has …

L&T shares trade at a 52-week high as buyback price raised to Rs 3,200 per share

L&T shares trade at a 52-week high as buyback price raised to Rs 3,200 per share

12 September 2023

Indian headline indices started the session higher, with the Nifty 50 breaching the significant 20,000 level milestone, even as a majority of sectoral indices experienced downward movement. The main indices experienced a significant surge during the opening trades of the session, primarily driven by a robust rally in the shares of Larsen & Toubro Ltd.   …

Ace investor Mukul Agrawal’s portfolio stock gains over 12.71%, stock hits 52-week high

Ace investor Mukul Agrawal’s portfolio stock gains over 12.71%, stock hits 52-week high

11 September 2023

PDS Limited shares surged over 12% on Monday hitting a fresh 52-week high of Rs 447.10 on the BSE. Ace investor Mukul Agrawal owns a 2.73% stake in the company. In the latest exchange filing, the company reported that it has set up a solar power plant in Bangladesh, bringing its total number of renewable …

Nifty50 touches the significant mark of 20,000 level

Nifty50 touches the significant mark of 20,000 level

11 September 2023

India’s most-traded NSE index, Nifty50, reached a significant milestone of 20,000 on September 11, 2023. It opened the day at 19,890, which was 0.35% or 70 points higher than its previous day’s closing level of 19,820. During the intraday session, it reached a high of 20,008 in the closing hours of today’s trading session. Finally, …

Tata Power secures USD 425 million financing for cutting-edge greenfield plant

Tata Power secures USD 425 million financing for cutting-edge greenfield plant

11 September 2023

Today Tata Power has reported to the exchanges that USA International Development Finance Corporation’s (DFC) Board of Directors approved the provision of up to USD 425 million in financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL) for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at …

These 3 Stocks From Bse 500 Jumped Over 8% Today, 11 Sep, 2023

These 3 Stocks From Bse 500 Jumped Over 8% Today, 11 Sep, 2023

11 September 2023

The benchmark index S&P BSE 500 opened today at 27,813.07 and made its day high at 27,932.40 and it is currently trading in green, up by 0.70%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 8% today. Adani Power Limited Shares of …

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