Solara Active Pharma Sciences Ltd, a leading manufacturer of Active Pharmaceutical Ingredients (APIs) and Contract Research and Manufacturing Services (CRAMS), unveiled the details of its upcoming rights issue on May 09, 2024. This strategic initiative aims to raise ₹449.95 crore to fuel the company’s continued growth and expansion plans. Attractive Offer for Existing Shareholders The …
On May 09, 2024, a leading digital product engineering company, R Systems International Limited, at Boomi World 2024 launched a transformative solution, “ EDI Partner Onboarding Solution”. The objective behind the launch is to redefine supply chain management and empower businesses with unparalleled efficiency and real-time insights. The launch of this solution indicates the company’s …
On May 09, 2024, the Nifty 50 declined 1.55% and closed at 21,957, and the Sensex dropped 1.45%, closing at 72,404. Top Gainers and Losers On the sectoral front, Nifty Auto ended in the green. Meanwhile, Nifty Oil & Gas, Nifty Metal, Nifty FMCG and Nifty Pharma were declining. The top gainers were Adani …
HPCL is an Indian Public sector undertaking, oil marketing company which is owned by the Ministry of Petroleum and Natural Gas, Government of India. The company has reported a fall of 25% in net profits in its Q4 FY 2023-24 earnings on lower refining margins. Additionally, The company has also announced one bonus share for …
Punjab National Bank is an Indian government public sector bank based in New Delhi, The Public Sector Bank has reported its earnings for the March quarter today, Net profit has surged by 160% and the lender has also announced its highest dividend payout in the nine years, the asset quality has also improved for the …
Thursday saw a weak market, closing at its lowest point in two months, with widespread declines across frontline indices. The Sensex dropped by 1.45% to close at 72,404.17, and the Nifty fell by 1.55% to 21,957.50. Nifty Auto was the lone sector to end positively, while Nifty Energy, Nifty Metal, and Nifty FMCG were the …
During Thursday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. SBC Exports Ltd Today, SBC Exports Ltd witnessed a significant trading volume of 5,595,263 shares, combined with a price movement from the previous close of Rs 26.95 to currently trading at Rs 27.6. …
The Indian Diagnostics Industry: A Growing Market The Indian diagnostics industry is a crucial segment of the healthcare sector, playing a pivotal role in disease detection, prognosis, treatment planning, and post-treatment monitoring. According to market research, the Indian diagnostic services market was valued at USD 14.57 billion in 2022 and is projected to reach USD …
On May 9, 2024, Indian Hotels Company Limited (IHCL) informed the exchanges that the company had partnered with CG Hospitality, extending its existing alliance of TAL Hotels & Resorts Limited and Taj Safaris Limited. Through the platform Ekyam, Indian Hotels Company Limited aims to reach a portfolio of 25 hotels by 2025, focusing on adventure …
On May 09, 2024, the leading public sector bank of India, State Bank of India (SBI), released its results for the quarter and year ended March 31, 2024. Quarterly Performance During the last quarter, SBI posted a 16.76% increase in operating profit to ₹28,748 crore. The bank witnessed a 23.98% YoY growth in net profit …
