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Shares of the Mumbai-based drug maker rose as much as 1.7 percent to Rs 752.80 after the U.S. drug regulator approved Clobetasol Propionate Spray (Clobex spray), Lupin said in an exchange filing.
The spray is used in treatment of moderate to severe plaque psoriasis affecting up to 20 percent body surface area and has market of $30.5 million in U.S.
Shares of the Chandigarh-based steel wheel rim maker came off day's low after it informed exchanges that it has won an order from European Union for supply of 7,500 steel wheels for caravan market, the company said in an exchange filing.
The order will be shipped from its plant in Chennai, the filing added.
Nifty 10,200 strike price call option was among the most active options contract on the National stock Exchange a day ahead of expiry. The premium on the contract fell 0.17 percent to Rs 30 and over 26 lakh shares were added to the open interest which stood at 62.99 lakh shares.
Shares of the Delhi-based hospital chain operator rose as much as 4.3 percent to Rs 154 after it clarified that it got an unsolicited non-binding offer from Manipal indicating interest for a possible deal.
Meanwhile, Fortis added that it is evaluating offer from Manipal.
Shares of the Ahmedabad-based industrial construction company rose as much as 5.59 percent, the most since March 7, to Rs 565.95 after it won new orders worth Rs 634 crore.
The orders include construction of residential and commercial projects in South India totaling Rs 509 crore and construction of office complex for Karnataka Power Transmission Corporation in Bangalore for Rs 125 crore, the company said in an exchange filing.
#KarnatakaElections2018 to be held on May 12, says #ElectionCommission of India.https://t.co/UiUMDXIPXk pic.twitter.com/wlRstbKjFr
— BloombergQuint (@BloombergQuint) March 27, 2018
Buyers and sellers were not immediately known
Source: Bloomberg
Shares of the Mumbai-based maker of transmission line towers rose as much as 1.88 percent to Rs 473.50 after it won orders worth Rs 901 crore.
Shares of the Hyderabad-based infrastructure construction firm rose as much as 7.3 percent to Rs 302 after it bagged two Hybrid Annuity Projects with a bid project cost of Rs 2,964.1 crore from NHAI for a six lane-project in Andhra Pradesh and four-lane project in Telengana.
Shares of the Mumbai-based infrastructure firm rose as much as 1.32 percent to Rs 1,314 after its power transmission and distribution business won orders worth Rs 4,353 crore from Sonelgaz group for the turnkey construction of a 220/60 kv Air Insulated Substation in the city of Draa Errich in Algeria.
Shares of the Mumbai-based private sector lender rose as much as 2.6 percent to Rs 48.75 and the consumer finance firm, Capital First rose as much as 3.5 percent, the most in over a month, to Rs 640 after their merger got a nod from the National Stock Exchange.
Earlier this year in January, IDFC Bank and Capital First had announced a plan to merge, creating a bank with an asset base of roughly Rs 90,000 crore. (More details here)
Shares of the Delhi-based departmental store chain operator, rose as much as 11.3 percent to record high of Rs 2,103.
Batlivala and Karani Securities has initiated coverage on the stock with a ‘Buy’ for target price of Rs 2,100, implying that the stock will increase 11 percent from yesterday’s close. As many as 75 lakh shares of V-Mart Retail changed hands in a single block in pre-market trading.
Shares of the Delhi-based infrastructure construction company rose as much as 14.64 percent, most in almost three months, to Rs 18.4.
Punj Lloyd has been awarded a contract worth Rs 505.22 crores by National Highways Authority of India on an engineering, procurement and construction (EPC) basis. The order is for six and four laning of NH 5 project to be completed between Puintola and Tangi in Odisha.
Shares of the Kolkata-based private sector lender made a strong debut on stock exchanges. The stock opened at a premium of 29 percent at Rs 485 against its issue price of Rs 375 per share.
The stock rose as much as 33 percent to Rs 499.
Bandhan Bank’s Rs 4,473-crore initial public offering was subscribed 14.6 times on the final day of bidding.
The government decided to cut its first half market borrowing to 48 percent. Investors expect that the move is likely to help bond yields fall by 10-15 basis points in the session from its last close of 7.62 percent. This will hence bring an end to the worst bond market rout in two decades.
However, though it is too early to say this, analysts remain cautious on the government's second half borrowing plan which will coincide with the busy season for bank loans.
In the currency market, implied opening from forwards suggest rupee may start trading higher at 64.78 a dollar. With strong clues from Asian equity markets, traders see the currency in a range of 64.60-65 a dollar in the day.
Here’s how foreign and local funds played the market on Monday.https://t.co/GrtPvbFxEY pic.twitter.com/NjZhPJKRym
— BloombergQuint (@BloombergQuint) March 27, 2018
ICICI Securities cuts IPO size after failing to impress wealthy investors. @sajeetkm reports.https://t.co/SPhAIyyFzd pic.twitter.com/Hatl49ILKL
— BloombergQuint (@BloombergQuint) March 27, 2018
ICICI Securities IPO size reduced after muted interest from high net-worth and retail investors. @sajeetkm reports.https://t.co/SPhAIyQgXN pic.twitter.com/zAIGv34H7y
— BloombergQuint (@BloombergQuint) March 26, 2018
Bitcoin breaches $8,000 level.https://t.co/fP9Haep8Qs pic.twitter.com/YZrkVm2lq8
— BloombergQuint (@BloombergQuint) March 26, 2018
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