The drug had U.S. sales of approximately $133 million for 12 months ending November, 2016, according to IMS Health, Natco said.
Religare Gains On Unit’s Stake Sale Plans
Shares of the brokerage house gained as much as 6 percent after it announce that its wholly-owned subsidiary has entered into definitive agreements to sell stakes in three of its units.
The transaction is expected to be closed by February 28 following the receipt of necessary regulatory approvals, the company said in its exchange filing.
Joining the lending rate cut spree, foreign lender Citi India today reduced its home loan rate by 0.7 percent.
It will reduce the interest rate to 8.80 per cent from 9.50 per cent, effective January 9, Citi India said in a statement.
The reduction in the home loan rate is reflection of our commitment to consumers who may be interested in purchasing under-construction or ready-to-move-in property, Rohit Ranjan, Head of Secured Lending, Citi India said in a press release.
The final pricing will be based on the loan amount, product or facility type offered, and internal Citi loan risk assessment parameters, it added.
Uniply Industries Snaps 4-Day Losing Streak
- Plywood manufacturer with a market cap of Rs 440 crore gained as much as 6 percent.
- Stock snapped its four-day losing streak today
- The stock is nearing its 50-day moving average.
Read the full interview transcript HERE
With inputs from PTI
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#BQSpotted by @soumeet_sarkar | Kothari Petrochemicals rallies on strong volumes.https://t.co/S0ALZp9L2j pic.twitter.com/qtvGnLYRV2
— BloombergQuint (@BloombergQuint) January 6, 2017
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For a complete list of stocks to watch, click HERE
- India regulator said company board evaluation at nascent stage
- Jobs at stake as Modi contemplates strategic sales across India
- Telenor CEO: Still looking at all possibilities for India operations
- Air India to offer fares matching premium train fares
- Sebi issues notices to three Tata Group companies (Business Standard)
- Global funds sell Rs 86.88 crore of local stocks; domestic funds buy Rs 449 crore yesterday: Provisional data
- RBI counting banned notes as Indians return 97 percent of bills
- 67 percent of the cancelled notes likely to get replaced by month-end, 80-89 percent by Feb-end: SBI report (Economic Times)
- Fiat India cuts prices of linea and Punto Evo to boost sales (Financial Express)
- Government may amend law on taxing indirect transfer of shares (Economic Times)
- AirAsia's alleged fraudulent transactions come under CBI lens (PTI)
- 85 percent Jio users to retain service even after free offer: BofA
Data To Watch- 5:30pm: India GDP annual FY17 estimates through March 31 YoY; estimate 6.8 percent (Prior 7.6 percent); Chief Statistician T.C.A. Anant to hold briefing in New Delhi
Gold retreated 0.1 percent to $1,178 per ounce, after a three-day 2.9 percent climb. Crude was little changed after climbing 0.9 percent Thursday following a report that Saudi Arabia is cutting production as it implements an agreement to ease a global supply glut spared the turnaround.
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