Shilpa Medicare Secures EU Approval for Tadalafil Orodispersible Films

Shilpa Medicare Limited, based in Raichur, Karnataka, has secured Marketing Authorization in Portugal, Europe, for its innovative Tadalafil Orodispersible Films (20 mg).  

Shilpa Medicare Achieves Marketing Authorisation in Europe

This groundbreaking approval makes Shilpa Medicare the first company globally to offer this convenient, mouth-dissolving formulation, which is bioequivalent to the reference drug. Approved through a hybrid application process, Tadalafil Orodispersible Films are designed to treat erectile dysfunction in adult males, enhancing patient convenience and usability. With this achievement, Shilpa Medicare taps into the $400 million European market for oral Tadalafil products, marking a significant milestone in pharmaceutical innovation.

Manufacturing Excellence at Bengaluru Facility

The approval for Tadalafil Orodispersible Films originates from Shilpa Medicare’s state-of-the-art Unit VI facility, located at Dabaspet, Bengaluru, Karnataka. This manufacturing plant, which specialises in producing oral dissolving films and transdermal patches, is already accredited by the MHRA (UK). The facility plays a crucial role in the production, packaging, labelling, and quality testing of finished dosage forms, cementing its reputation in regulated European and UK markets.

Market Potential and Innovation

The oral Tadalafil formulations market in Europe is valued at approximately USD 400 million, presenting significant growth opportunities for Shilpa Medicare. With this latest approval, the company sets a new benchmark in pharmaceutical innovation, delivering a user-centric formulation for erectile dysfunction. This marks the second prescription oral dissolving film product approval for Shilpa Medicare’s Unit VI, reflecting the company’s commitment to quality and advanced drug delivery systems.

About Shilpa Medicare Limited 

Shilpa Medicare Limited (SML), founded in 1987 by Vishnukant Bhutada, is an Indian pharmaceutical company specializing in the development, manufacturing, and sale of oncology and non-oncology APIs, formulations, and biosimilars. With five manufacturing facilities, SML supplies to regulated markets across the U.S., Europe, and emerging economies while also offering contract research and manufacturing services.

Shilpa Medicare Share Performance 

As of January 13, 2025, at 9:20 AM, Shilpa Medicare Limited’s shares are trading at ₹767.75, reflecting a 1.21% drop from the previous day’s closing price. Over the past month, the stock has declined by 6.43%, while over the last year, it has decreased by 7.28%. The stock’s 52-week high stands at ₹959 per share, while its 52-week low is ₹316 per share.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India Achieved Record Renewable Energy Capacity Addition in 2024

India’s renewable energy sector achieved a historic milestone in 2024 with a record capacity addition of approximately 30 GW. This represents a 113% increase from the 13.75 GW added in 2023, as per data from the Ministry of New & Renewable Energy. The achievement highlights the nation’s accelerating efforts to transition to clean energy and meet its ambitious target of 500 GW of renewable capacity by 2030.

Breaking Records in Renewable Energy Growth

India’s renewable energy journey has seen unprecedented growth, particularly in 2024, when it logged the highest-ever capacity addition of 30 GW. This sharp rise from the 13.75 GW recorded in 2023 underscores the government’s commitment to sustainable development.

Minister of New & Renewable Energy, Pralhad Joshi, hailed this exponential growth as a testament to India’s progress in building a greener future. “The achievement of nearly 218 GW renewable capacity now is a clear indication of India’s dedication to clean energy,” he said in a social media post.

According to ministry data, the country’s renewable energy capacity stood at 35.84 GW in March 2014. Since 2014, annual additions have surged, peaking at 18.48 GW in FY 2023-24 before this year’s record-breaking performance.

Path to 500 GW by 2030

India has set its sights on achieving a renewable energy capacity of 500 GW by 2030. To meet this ambitious goal, the government plans to add 50 GW of capacity annually in the coming years. This accelerated growth aligns with India’s broader climate commitments and it aims to become a global leader in clean energy.

With renewable energy emerging as a cornerstone of India’s energy strategy, the country is poised to reduce its carbon footprint while fostering sustainable economic growth significantly.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Open Interest (OI) Profile Plotting On Charts: Made Right Just For You

The Futures and Options (F&O) trading area is undoubtedly changing fast. Here, as in all situations, it is essential to know other factors like the market trends which are quite critical. Such trends can best be appreciated through Open Interest (OI). In this case, OI refers to the number of active contracts still outstanding on an asset. Thereafter in this post, a description of how OI Profile Plotting them on Charts helps in enhancing the trading activity of users on the Angel web app by providing them with live data that will help their trades is presented.

What is Open Interest (OI)?

Open interest is essentially the total number of outstanding contracts for a given asset in the market at any particular point in time. In combination with liquidity, it is a very useful tool to help identify the direction of the market. The following note describes some important issues related to OI:

  • Correct Prediction: OI is able to predict market movements better when the assets being evaluated are experiencing a high level of liquidity.
  • Nifty OI Focus: It is no doubt that Nifty weekly OI has been a useful metric for traders.

Why OI Matters for Traders?

When it comes to reading market signals, OI is a must-watch. Here’s why:

  • Spotting Trends: An increase in OI along with price movement might indicate the continuation of a trend, while divergence could signal a potential reversal.
  • Finding Opportunities: OI helps traders identify areas of high interest and volume, which are crucial for spotting trading opportunities.
  • Improving Strategies: By observing OI trends, traders can adjust their strategies in real-time, making more informed decisions.

How OI Profile Works on Angel Web App?

The OI Profile feature is designed to make Open Interest data easy to interpret for traders. Here’s how it enhances the user experience:

  • Plotting OI on Charts: Horizontal lines indicate the OI values and are provided on F&O charts against the strike prices, showing key support and resistance levels. (Note: OI Profile is only plotted on Futures and underlying charts for both Indices and cash stocks.)
  • Green for Put, Red for Call: The put OI makes it simple to see, the call OI is red whereas the put OI is green.
  • Hover for Details: By hovering over any strike one can see the OI data including the amount of Call and Put OI for the given price.

Additionally:

  • The OI Profile is located on the indicator list.
  • All OI profiles can be applied by users directly from the indicator list.
  • All segments are currently experimenting with OI profiles placed only on underlying charts. This is something that we are in the process of developing and extending the functionality. We will bring this to you soon.

OI Profile as a Must-Have Trading Tool

The Ignition OI Profile Plotting on Charts feature is a leap into the future of F&O trading for users of Angel One. It helps to trade more efficiently as it guides traders in a more comprehensive and straightforward way. Angel One seems well-placed to lead the market as one of the few sites that allow this specific feature to be used in such an optimal manner.

As usual, more details about this amazing feature will be communicated to you soon as we are ready to do clever trading with OI Profile.

Custom Timestamp: Unveil the True Precision

Of course, this feature has been highly valued by traders working with precise OI for decision-making. Combining historical analysis with real-time tracking, the Custom Timestamp feature transforms the way a trader approaches market analysis, giving the kind of edge that’s enough to be ahead in line. Get smarter at the trading experience with tools that are simplified and improved for you.

The Custom Timestamp feature empowers traders with unprecedented precision in analyzing Open Interest (OI) data, making the markets more comprehensively insightful and actionable.

  • Set Specific Timeframes: Traders can define definite start points and end points to analyze the data from the chosen time, providing an expanded outlook of market trends. This will help to identify patterns, spot anomalies, and align strategies with market movement.
  • Historical vs. Real-Time Comparison: With this feature, it’s easy to overlay past OI data with real-time figures. It’s easy to see how market sentiment and liquidity have shifted over time, allowing for robust analysis of trend sustainability or reversals.
  • Refine Trading Strategies: With the help of historical insights combined with live market conditions, traders can fine-tune their strategies. From identifying support and resistance levels to gauging market sentiment, the feature provides actionable data for decision-making.
  • Streamlined Workflow: The fluidity of switching between different timestamps ensures that traders do not lose context or momentum. The workflow remains intact, providing insights directly on the chart without requiring multiple tools or navigation.

Conclusion 

The Custom Timestamp feature improves market analysis in terms of precision, flexibility, and usability. Paired with OI profiling, traders gain even deeper insights into market behavior by analyzing Open Interest distributions across specific timeframes and price levels. This comprehensive view allows for better identification of accumulation or distribution zones, uncovering key market dynamics. 

Whether tracking historical trends or comparing against real-time insights, this tool keeps you ahead in dynamic market conditions. Dive deeper, trade smarter, and gain the edge with Custom Timestamp and OI profiling.

 

Disclaimer: Investments in securities market are subject to market risks, read all the related documents carefully before investing. Read More

The securities are quoted as an example and not as a recommendation 

 

This blog is for educational purposes only

India-Mongolia Mining Pact: A New Era of Cooperation

India is poised to sign a preliminary agreement with Mongolia, paving the way for cooperation in geology and exploration, as per news reports. This development is expected to bolster India’s access to copper and coking coal, which are crucial for its growing energy, construction, and steel sectors.

A Strategic Partnership

The proposed agreement has been approved by India’s cabinet, with both countries expected to sign the memorandum of understanding (MoU) soon, according to reports. Mongolia’s rich deposits of copper and coking coal make it an attractive partner for India, which relies heavily on imports to meet its rising demand. Companies like Adani, Hindalco, and Vedanta have already expressed interest in sourcing copper from Mongolia, as per news reports. This collaboration is expected to foster a mutually beneficial partnership, driving economic growth and development in both nations.

Logistical Arrangements

Indian and Mongolian officials are working to establish supply routes for the transportation of copper and coking coal. Despite the longer distance, India is inclined towards the route from Vladivostok in Russia, with strategic considerations playing a key role. According to reports, although the route through China is more convenient, India prioritises the Russian route, reflecting the significance of diplomatic ties in influencing trade decisions. This logistical arrangement is expected to play a crucial role in ensuring the smooth transportation of minerals and bolstering the countries’ economic cooperation.

Conclusion

In conclusion, the impending India-Mongolia mining pact marks a significant step forward in the countries’ economic cooperation, as per news reports. As India seeks to diversify its energy sources and reduce dependence on imports, this agreement is expected to play a crucial role in shaping the country’s mineral security. The pact is anticipated to foster a strong and sustainable partnership between India and Mongolia, driving economic growth and development in both nations.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund AUM Surge: Top Fund Houses of CY 2024

The mutual fund industry in India has witnessed remarkable growth in 2024, with data from the Association of Mutual Funds in India (AMFI) showcasing significant expansion across multiple fund houses. In this analysis, we explore the asset under management (AUM) growth trends, highlighting the leading players and their performance over the past year.

Top Performers in AUM Growth

  • SBI Mutual Fund: Leading the Pack

SBI Mutual Fund has emerged as the leader in absolute AUM growth. Its AUM increased by ₹2.63 lakh crore, climbing from ₹8.51 lakh crore in December 2023 to ₹11.14 lakh crore in December 2024. 

  • ICICI Prudential Mutual Fund: Close Second

ICICI Prudential MF holds the second position, with its AUM growing by ₹2.59 lakh crore. The fund house’s AUM rose from ₹6.15 lakh crore in December 2023 to ₹8.74 lakh crore in December 2024. 

  • HDFC Mutual Fund: Completing the Top Three

HDFC MF ranks third, recording an AUM growth of ₹2.36 lakh crore. Its AUM expanded from ₹5.52 lakh crore in December 2023 to ₹7.87 lakh crore in December 2024. 

Other Significant Players

Nippon India and Kotak Mutual Funds

Nippon India MF and Kotak MF secured the 4 and 5 spots, respectively, in absolute AUM growth.

  • Nippon India MF saw an increase of ₹1.92 lakh crore, reaching ₹5.70 lakh crore in December 2024.
  • Kotak MF reported a rise of ₹1.38 lakh crore, with its AUM growing from ₹3.51 lakh crore to ₹4.89 lakh crore during the same period.

Fund Houses with Over ₹1 Lakh Crore Growth

Several other fund houses reported an increase in AUM exceeding ₹1 lakh crore, including UTI MF, Aditya Birla Sun Life MF, Axis MF, DSP MF, and Tata MF. These fund houses continue to consolidate their positions in the industry through diversified investment strategies.

Percentage Growth Leaders

  • Helios Mutual Fund: Impressive Growth

Helios MF recorded a remarkable 649% growth, with its AUM rising from ₹392 crore to ₹2,936 crore over the year. The fund house’s innovative approach has been instrumental in this success.

  • Other Fast-Growing Fund Houses

Bajaj Finserv MF, JM Financial MF, and Shriram MF also demonstrated robust growth of over 150% in their AUM during 2024, showcasing strong market penetration.

Industry-Wide AUM Growth

The overall mutual fund industry recorded an impressive AUM growth of ₹19.39 lakh crore in 2024, rising from ₹49.23 lakh crore in December 2023 to ₹68.62 lakh crore in December 2024. This 40% increase reflects the expanding investor base and growing preference for mutual funds as an investment avenue.

Want to plan regular withdrawals? Our SWP Calculator helps you calculate how much you can withdraw while keeping your investments intact. Try it now!

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.

Lupin Pithampur Manufacturing Facility Gets EIR From USFDA

Lupin Limited, headquartered in Mumbai, India, is a global pharmaceutical leader with a presence in over 100 markets. Specialising in branded and generic formulations, complex generics, biotechnology products, and active pharmaceutical ingredients, Lupin is trusted by healthcare professionals and consumers worldwide. 

Clearance from the USFDA 

Lupin has announced that its Pithampur Unit-1 manufacturing facility has been granted a Voluntary Action Indicated (VAI) classification by the United States Food and Drug Administration (US FDA). The FDA issued an Establishment Inspection Report (EIR) following a thorough inspection of the site conducted between September 16th and 27th, 2024.

Managing Director Statement

Expressing his satisfaction, Nilesh Gupta, Managing Director of Lupin, stated, “We are delighted to receive the EIR from the US FDA for our Pithampur Unit-1 facility with a positive VAI classification. This underscores our unwavering commitment to maintaining the highest standards of quality and regulatory compliance.”

 

The successful resolution of these observations and the recent accolades mark yet another milestone in Lupin’s journey towards global excellence and market leadership.

Lupin Q2 FY25 Results

The recognition comes as Lupin Limited reports an impressive set of financial results for the second quarter of FY25. The company’s consolidated net profit soared by a staggering 74% year-on-year to ₹853 crore, compared to ₹489.7 crore in the corresponding quarter of the previous fiscal year. Revenue from operations witnessed a robust growth of 12.6%, reaching ₹5,672.7 crore against ₹5,038.6 crore in Q2 FY24.

EBITDA also experienced a notable surge, increasing by 42% to ₹1,308 crore. Consequently, EBITDA margins expanded significantly to 23.1% from 18.3% in the same period last year. This remarkable performance was driven by robust sales across key markets, including North America and India, alongside a strategic focus on complex generics.

Share Price and Performance 

At 9:53 AM on January 9, 2025, Lupin Ltd shares were trading at ₹2,257.10 on the NSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

Introducing Secure Exit – Protect Your Gains, Limit Your Losses

At Angel One, we understand that managing risk is crucial in Intraday and Futures & Options (F&O) trading. With markets moving swiftly, it’s crucial to have safeguards in place that help you control potential losses while ensuring your profits are secured. That’s why we’re excited to introduce Secure Exit – a powerful tool designed to automatically close all your open Intraday and F&O positions when your profit or loss reaches a set level.

Secure Exit allows you to stay in control by setting either a total loss trigger, total gain trigger, or both. This gives you the flexibility to manage downside risk while securing profits, all without constant manual intervention.

What is Secure Exit?

Secure Exit is a smart responsible trading feature that monitors your combined realized and unrealized gains/losses for all your Intraday and F&O positions. If your total loss or total gain hits the pre-set trigger value, Secure Exit will:

  • Exit all open positions at the available market price that works in your favor
  • Cancel any related open orders tied to those positions

Whether you’re looking to limit your downside or secure profits, Secure Exit ensures your trades are automatically managed to align with your strategy.

Key Benefits of Secure Exit

  • Risk Control: Automatically exits all trades when your total loss reaches a limit set by you, preventing runaway losses.
  • Secure Profits: Set a trigger that automatically closes all positions once you reach a defined total gain.
  • Comprehensive Protection: Secure Exit tracks both realized and unrealized Gain & Loss (G&L) across intraday and F&O, ensuring a holistic approach to risk management.

How to Use Secure Exit (Step-by-Step)

  1. Access Secure Exit
  • Go to the Positions tab in the Angel One app or web platform.
  • Tap on the Secure Exit option located on your positions screen.

2. Set Your Trigger Values

Choose to set:

  • Total Loss Trigger – the loss level at which all open Intraday and F&O positions are automatically exited. 
  • Total Gain Trigger – the profit level at which you want to exit all open Intraday and F&O positions.
  • Both – for maximum control, set both values. This way, Secure Exit will trigger whichever comes first.

3. Confirm and Activate

  • Review the trigger values and hit Confirm. Secure Exit is now active!
  • You can modify these values at any time by returning to the Secure Exit section.

4. Monitor and Manage

  • If you manually close all your positions, Secure Exit will automatically cancel the trigger since no open positions exist. You will receive a notification confirming this action.

Example – How Secure Exit Works in Real Life

Imagine you are trading Bank Nifty and Reliance intraday. You set:

  • Total Loss Trigger: ₹3,500
  • Total Gain Trigger: ₹5,000

If your combined unrealized and realized loss reaches ₹3,500, Secure Exit will immediately close all open intraday and F&O positions. Similarly, if your combined profit hits ₹5,000, the feature will exit your trades to secure the profits.

Important Note: The final realized gain/loss may differ from the trigger amount as Secure Exit closes trades at the available market price that works for you, which can fluctuate rapidly.

Important Considerations

  • Market Volatility: Secure Exit executes trades at market prices, which may result in slippage during volatile periods.
  • Partial Exits: Secure Exit closes all your open Intraday and F&O positions – partial exits are not supported under this feature.

Empower Your Trading with Secure Exit

Secure Exit is another step towards empowering you with the tools needed to trade confidently and manage risks efficiently. Activate Secure Exit today and take control of your trading outcomes – because in markets that move fast, protection and profit-locking should be just as swift.

Ready to get started?
Head to the Positions tab now and activate Secure Exit!

FAQs

  1. Will Secure Exit cancel orders for individual stocks or just overall positions?
    Secure Exit applies to all open positions across Intraday and F&O and cancels related open orders at the portfolio level.

However, it does not cancel orders for stocks without open positions.

For example:

  • If you have an open position in NIFTY 09 JAN 24000 CE, and Secure Exit is triggered, it will:
    • Exit all NIFTY 09 JAN 24000 CE open positions and
    • Cancel any pending orders for NIFTY 09 JAN 24000 CE.
  • If you also have an open order for NIFTY 09 JAN 24200 CE but no open position in NIFTY 09 JAN 24200 CE, Secure Exit will not cancel NIFTY 09 JAN 24200 CE’s open order.

Secure Exit only affects stocks and contracts where open positions exist at the time the trigger is activated.

  1. What happens if I close all positions manually?
    If you manually close all positions while Secure Exit is active, the trigger will automatically cancel, and you’ll receive a notification confirming the cancellation.
  2. Can I adjust Secure Exit during live trading hours?
    Yes, Secure Exit values can be updated anytime during market hours. The changes will take effect immediately.
  3. What if the market is volatile when Secure Exit triggers?
    Secure Exit will close your trades at the available market rate that works in your favour. However, actual realized profit/loss may differ from the trigger value due to price movements at the time of execution.
  4. What is the validity of the Secure Exit trigger?

The Secure Exit trigger remains active for one trading day. If it is not triggered by the end of the day, it will automatically reset. To continue using Secure Exit the next day, you will need to set fresh trigger values at the start of the new trading session.

  1. What positions does Secure Exit cover?
  • Intraday trading applies to NSE and BSE cash segments.
  • Futures & Options (F&O) trading covers NSE, BSE, MCX (Multi Commodity Exchange), and NDEX (National Derivatives Exchange).
  1. What happens if I don’t have any open Intraday or F&O positions?
    If you don’t have any open Intraday or Futures & Options (F&O) positions, the Secure Exit option will still be visible but in a disabled state.

When you click on it, a message will appear:
“Secure Exit cannot be created. No open F&O or Intraday positions.”

Secure Exit can only be activated if you have open positions in:

  • Intraday trades (NSE or BSE cash segments)
  • F&O positions (NSE, BSE, MCX, NDEX)

The feature does not apply to delivery or margin-based trades.

Disclaimer: Investments in securities market are subject to market risks, read all the related documents carefully before investing. Read More

The securities are quoted as an example and not as a recommendation 

This blog is for educational purposes only

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.