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Shares of Neuland Laboratories rose as much as 13.9 opercent, the most in over nine months to Rs 558.95.
The U.S drug regulator completed the inspection of its manufacturing facilities in Telangana and received no observations under Form 483, according to its stock exchange notification.
Trading volume was 13 times its 20-day average, Bloomberg data showed.
JSW Steel Ltd.'s board approved the merger of four entities—JSW Steel board approves merger of Dolvi Minerals & Metals, Dolvi Coke Projects, JSW Steel Processing Centres and JSW Steel (Salav) with itself, according to its stock exchange filing.
The stock rose as much as 2.9 percent to Rs 317.65 after the announcement.
Shares of Jubilant Life Sciences rose as much as 7.2 percent, the most in over two months, to Rs 746.85.
The company's Singapore unit plans to acquire 5.3 lakh shares on U.S.-based Inipharm Inc., according to its stock exchange filing.
Trading volume was more than five times its 20-day average, Bloomberg data showed. The stock traded at 13 times its estimated earnings per share for the coming year.
"The CSO is a highly credible organization. It maintains an arms length distance from the Finance Ministry," says @arunjaitley.
— BloombergQuint (@BloombergQuint) November 29, 2018
Read: https://t.co/bIGvoRsf0Q pic.twitter.com/3BQfHmota5
Shares of Adani Enterprises rose as much as 6.5 percent, the most since Oct. 15, to Rs 168.35.
The stock has gained 82 percent in the past 12 months compared to a 7.4 percent advance in Sensex.
The Indian rupee is set for its best month so far in seven years. The home currency appreciated nearly 5.4 percent so far this month against the U.S. dollar—the most since January 2012. The local legal tender, however, is still the worst performing Asian currency in 2018.
Shares of Deep Industries rose as much as 4.9 percent to Rs 146.
The company received an order worth Rs 3.12 crore from ONGC, according to its stock exchange notification.
Trading volume was more than double, its 20-day average.
International brokerage and research firm Jefferies initiated ‘Buy’ rating on two tyremakers — Apollo Tyres and CEAT.
Here's about the research company had to say about them:
About 16.2 lakh shares of Yes Bank changed hands in a block deal on BSE, Bloomberg data showed. Buyers and sellers were not known immediately.
Shares of Sical Logistics rose as much as 8.1 percent to Rs 163.20.
The company was awarded contracts worth Rs 363.38 crore by Mahanadi Coalfields for extraction of coal and allied transport services in Odisha. A total of 16.2 million cubic meters of coal will be extracted over a period of three years by the company.
Trading volume was 83.4 times its 30-day average, Bloomberg data showed. The stock declined 30 percent in the past 12 months.
Buyers and sellers were not known immediately.
Source: Bloomberg
Indian equity benchmarks extended gains for the fourth day. The S&P BSE Sensex Index rose as much as 1.02 percent to 36,081 and the NSE Nifty 50 Index rose as much as 0.75 percent to 10,809.15.
The market was tilted in favour of buyers. Ten out of 11 sectoral gauges compiled by NSE advanced, led by the NSE Nifty Metal Index’s 1.15 percent gain. On the flipside, NSE Nifty IT Index was the only sectoral loser, down 0.21 percent.
Here is how foreign and local funds played the market on Wednesday.
— BloombergQuint (@BloombergQuint) November 29, 2018
Read: https://t.co/4CPO16ptih pic.twitter.com/P2ohqwZbsX
Get a detailed drawdown of derivatives on BloombergQuint's F&O page.
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