Mazagon Dock Shipbuilders, a Navratna defence PSU, has announced a second interim dividend of ₹3 per share for FY25. This is the first dividend after its stock split in December 2024. The company’s board approved the payout on April 8, and eligible shareholders will receive it by May 7, 2025. Here are three important things …
The Nifty IT index has been on a rough ride in April, falling over 8% in just 5 sessions. Despite a slight 2% recovery today, the sector continues to struggle. The global economic situation, weak Q4 earnings, and policy changes in the US have led to uncertainty. Let’s look at the 3 main concerns affecting …
Granules India Limited has completed the full acquisition of Senn Chemicals AG, a Swiss company specialising in peptide development and manufacturing. This move is part of Granules’ plan to grow in the field of science and innovation, especially in peptide-based medicines. Benefits and Future Plans This acquisition will strengthen Granules’ capabilities in the peptide therapeutics …
Torrent Power Limited announced that its wholly owned subsidiary, Torrent Green Energy Pvt. Ltd. (TGEPL), has established a new company named Torrent Urja Projects Pvt. Ltd. (TUPPL). Ownership and Financial Details Ownership: TUPPL is fully owned by TGEPL, which is itself a wholly owned subsidiary of Torrent Power Limited. Capital: Both the authorised and paid-up …
Sun Pharmaceutical Industries Limited has achieved a critical legal victory in its ongoing battle concerning the launch of its product, LEQSELVI (deuruxolitinib), in the United States. This comes following a ruling from the U.S. Court of Appeals for the Federal Circuit, which lifted a previously imposed preliminary injunction. The decision removes legal barriers that had …
Coromandel International Ltd has signed a Memorandum of Understanding (MoU) with Saudi Arabia’s Ma’aden for the long-term supply of Di-Ammonium Phosphate (DAP) and NP/NPK fertilisers. As per the reports, the agreement was signed on April 9 and builds on a long-standing relationship between the two companies. As of 9:39 AM on April 11, 2025, Coromandel …
Waaree Renewable Technologies Ltd (WRTL), a solar EPC (engineering, procurement and construction) company, has been listed on the National Stock Exchange (NSE) as of April 10. The company is now trading under the symbol WRTL. As of 9:44 AM on April 11, 2025, Waaree Renewable Technologies share price was trading at ₹883.85, a 3.17% up. …
Bharti Airtel share price rose 3% to a 6-month high of ₹1,767.05 on Friday, driven by expectations of strong earnings for the March 2025 quarter (Q3FY25). In just 3 trading days, Airtel’s share price has gained 5%, and since March, it has surged 13%. The stock is nearing its record high of ₹1,779 hit on …
Anand Rathi Wealth Limited has announced its consolidated financial results for the quarter ending March 2025 (Q4 FY25) and the full fiscal year (FY25). On April 11, 2025, Anand Rathi Wealth share price opened at ₹1,158.00, up from its previous close of ₹1,131.85. At 10:16 AM, the share price of Anand Rathi Wealth was trading at ₹1,183.65, up …
Biocon Limited has announced that its subsidiary, Biocon Biologics, has received approval from the U.S. Food and Drug Administration (USFDA) for Jobevne™ (bevacizumab-nwgd), a biosimilar version of Avastin® (bevacizumab). This monoclonal antibody is used in treating multiple forms of cancer and works by inhibiting angiogenesis, the formation of new blood vessels, thus restricting the …
