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One can look at some of pharma companies from a medium to long-term perspective. I think they will be good bets once the near-term pricing issue subsides in the U.S.Dipan Mehta, Member, BSE
Shares of bio-pharmaceutical firm jumped as much as 9 percent to Rs 167.80.
Panacea Biotec launched new vaccine EasySix, used to protect newborn babies against six preventable diseases, the company said in a regulatory filing.
Shares of private sector lender were down 0.56 percent to Rs 854. Managing Director Uday Kotak will hold a press conference after market hours.
Kotak Mahindra Bank will also hold a board meeting on Thursday to consider raising equity capital, the company said in a regulatory filing.
#BQSpotted by @OnlyNickey | Century Enka rises for eight out of last 10 sessions. pic.twitter.com/sHhTp2k1eH
— BloombergQuint (@BloombergQuint) March 29, 2017
Our current order book provides good visibility of achieving 15-20 percent growth in the next year. We continue to build our portfolio of projects in the railways EPC sector which will be a key growth driver going forward.Manish Mohnot, Managing Director And CEO, Kalpataru Power Transmission
To read the full interview transcript, click HERE
Franklin Templeton Investments and other foreign funds are piling into Indian bonds after Prime Minister Narendra Modi’s key election victory. That’s pitting them against local naysayers who predict that benchmark securities will post their first loss in four years.
To read the full article, click HERE
Nifty rollover stood at 46 percent on Tuesday, higher than the three-month average of 41 percent, according to Bloomberg data.
Market wide rollover at 41.02 percent was lower than the three-month average of 44.52 percent. March futures and options series is set to expire on Thursday.
Shares of infrastructure firm rose 2.2 percent to Rs 347.15, snapping a three-day losing streak.
Dilip Buildcon won an order worth Rs 503.1 crore from National Highway Authority of India, the company said in a regulatory filing.
Stock has a total return of 51 percent year-to-date compared with an 11 percent return for the Sensex.
The rupee advanced 9 paise against the dollar on Wednesday, to breach the 65-mark for the first time since October, 2015. The local currency rose 0.2 percent to 64.91 -- a fresh 17-month high -- in early session on increased liquidation of the American currency by exporters and banks.
A higher stock opening and continued foreign inflows made the going easy for the rupee. However, the dollar's recovery against some currencies overseas restricted the rupee upmove.
(With inputs from PTI)
Other Movers & Shakers: Persistent Systems, Om Metals, State Bank Of India
How all Kotak Bank merger speculated names are doing today:
— Shraddha Babla (@shraddha_babla) March 29, 2017
Axis +1.4%
Manappuram +3%
Federal +0.2%
MahindraFin -2.2%
South Indian Bk -1.3%
For a complete list of stocks to watch, click HERE
Britain heads into unknown as Theresa May signs #Brexit trigger, report @simonjkennedy & @TimRoss_1.https://t.co/qs1J5BNbbH pic.twitter.com/XDP6qsyj3t
— BloombergQuint (@BloombergQuint) March 29, 2017
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