Revenue down 0.9% at Rs 1417 crore vs Rs 1430 crore
Ebitda up 36% at Rs 221 crore vs Rs 162 crore
Margin at 15.6% vs 11.3%
Reported profit up 81.1% at Rs 102 crore vs Rs 56.5 crore
Gets tentative approval from U.S. FDA for Selexipag for injection
Tentative approval for a generic equivalent of Uptrav
Uptrav is used for treatment of pulmonary arterial hypertension
Source: Exchange Filing
Gets income tax demand for Rs 2.89 crore for AY 2022-23
Intimation on alleged contention that company has not offered certain income to tax
Company does not expect said order to have any material financial impact
Source: Exchange Filing
The broader market indices outperformed larger peers; the S&P BSE MidCap Index was down 0.97%, whereas S&P BSE SmallCap Index was 0.78% higher.
All the 20 sectors compiled by BSE advanced. S&P BSE Realty and S&P BSE Telecommunication rose the most.
The market breadth was skewed in the favour of the buyers. About 2,241 stocks rose, 1,252 declined, while 160 remained unchanged on the BSE.
Gets order worth Rs 788 crore from Power Grid Corp for power transmission, distribution.
Gets orders worth Rs 136 crore for other domestic T&D projects including telecom.
Source: Exchange Filing
In exclusive worldwide license agreement for SCD-153 with JHU, IOCB
First in class topical formulation for treatment of Alopecia Areata
IND approved by DCGI
Alert: JHU stands for Johns Hopkins University
Alert: IOCB stands for Institute of Organic Chemistry and Biochemistry of the Czech Academy of Sciences
Source: Exchange Filing
The broader market indices opened higher; the S&P BSE MidCap Index was down 0.89%, whereas S&P BSE SmallCap Index was 0.90% higher.
All the 20 sectors compiled by BSE advanced. S&P BSE Realty rose the most.
The market breadth was skewed in the favour of the sellers. About 1,946 stocks rose, 344 declined, while 84 remained unchanged on the BSE.
At pre-open, the S&P BSE Sensex was up 449 points, or 0.71%, at 64,040.10, while the NSE Nifty 50 was 131 points or 0.69% higher at 19,120.
Source: Bloomberg
The yield on the 10-year bond opened 4 bps lower at 7.32% on Thursday.
It closed at 7.36% on Wednesday.
Source: Bloomberg
The local currency strengthened 6 paise to open at 83.23 against the U.S dollar on Thursday.
It closed at 83.29 on Wednesday.
Source: Bloomberg
Stocks, Bonds Rise On Hopes Fed Tightening Is Over: Markets Wrap
Ex/ Record Date Interim Dividend: QGO Finance, Elpro International, Godrej Consumer Products.
Postponement of Record Date from Nov. 10 to Nov. 13: WPIL.
SEBI Simplifies Offer Documents Of Mutual Fund Schemes
Honasa Consumers: The IPO was subscribed to 0.68 times, or 68%, on its second day. The bids were led by institutional investors (1.02 times), followed by retail investors (0.58 times or 58%) and non-institutional investors (0.07 times or 7%). Bids reserved for employees were subscribed to 3.01 times.
GAIL, BPCL Sign Pact For Supply Of Propane For Rs 63,000 Crore
Adani Cement Expects To Close Sanghi Industries Acquisition In Q3
Britannia Industries Q2 Results: Profit Up 19.6%, Margin Beats Estimates
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