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Shares of Lupin has fallen by 5% despite a Rise in Net Profit

Shares of Lupin has fallen by 5% despite a Rise in Net Profit

7 May 2024

Lupin Ltd. is an Indian Multinational pharmaceutical company based in Mumbai, It is one of the largest generic pharmaceutical companies in terms of revenue. It has a presence across research, manufacturing and marketing of formulations and APIs. The key focus areas for the company include paediatrics, cardiovascular,anti-infectives, asthma, diabetology and anti-tuberculosis. The company recently reported …

Allsec Technologies Shines with Strong Q4FY24 Results

Allsec Technologies Shines with Strong Q4FY24 Results

7 May 2024

The Indian stock markets started off on a positive note but soon slipped into negative territory as profit booking emerged at higher levels. The National Stock Exchange (NSE) benchmark Nifty 50 index fell below the 22,400 mark, down by 0.28%. Most sectors were trading in red, with only the Nifty FMCG sector showing gains, up …

Upper Circuit Stocks Today – 07 May, 2024

Upper Circuit Stocks Today – 07 May, 2024

7 May 2024

On Tuesday, the benchmark indices were trading in the red with the Sensex down around 500 points or 0.68% at 73,392, while the Nifty-50 was down around 158 points or 0.70% at 22,285. About 1,138 shares have advanced; 2,440 declined and 144 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

These 3 Stocks from BSE 500 Jumped Over 5% Today; Do You Own Any?

7 May 2024

The benchmark index S&P BSE 500 opened today at 33,007.73 and made its day high at 33,011.20, and it is trading flat today, down by around 0.01%. From the same space, these are the top 3 companies that outperformed the benchmark index and were up by more than 5% today. IIFL Finance Ltd Shares of …

Share Market Pre Open Updates – May 07, 2024

Share Market Pre Open Updates – May 07, 2024

7 May 2024

On May 06, 2024, Nifty 50 slipped 0.15%, closing at 22,442, and Sensex rose 0.02%, closing at 73,895.  Top Gainers and Losers On the sectoral front, Nifty Realty, Nifty IT, Nifty Mid Small Healthcare and Nifty FMCG ended in green. Meanwhile, Nifty PSU Bank, Nifty Consumer Durables, Nifty Media and Nifty Oil & Gas were …

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 7

Overnight Digest: Top 5 mid and small-cap stocks to watch out for May 7

6 May 2024

On Monday, the stock market mostly went down with a lot of ups and downs. The Sensex, which tracks 30 large companies, went up slightly by 0.02% and closed at 73,895.54 points. On the other hand, the Nifty, which follows 50 major companies, went down by 0.15% and ended at 22,442.70 points. Some sectors like …

A Transformation Story of PSU Stocks in India

A Transformation Story of PSU Stocks in India

6 May 2024

Traditionally viewed as inefficient and bureaucratic, PSUs in India are undergoing a significant transformation, leading to improved financial performance and a surge in their stock prices. For many years, Indian PSUs were synonymous with sluggish growth and inefficiency. However, the narrative is changing. In a significant development, PSU stocks have been outperforming India’s benchmark stock …

Coromandel Doubles Down on Sustainable Agriculture: Increased Investment in Ecozen

Coromandel Doubles Down on Sustainable Agriculture: Increased Investment in Ecozen

6 May 2024

Coromandel International Limited, a leading Indian provider of agri-solutions, announced a significant step towards a more sustainable future for agriculture. The company has increased its investment in Ecozen Solutions Pvt. Ltd (Ecozen) by ₹24 crore through its wholly-owned subsidiary and venture capital arm, Dare Ventures Limited. Boosting Stake in Climate-Smart Solutions This strategic investment elevates …

Wipro and Microsoft Introduce GenAI Cognitive Assistants for Financial Services

Wipro and Microsoft Introduce GenAI Cognitive Assistants for Financial Services

6 May 2024

On May 6, 2024, Wipro Ltd informed the stock exchanges that the company is partnering with Microsoft to introduce a range of cognitive assistants for financial services powered by generative artificial intelligence (GenAI). These include Wipro GenAI Investor Onboarding, Wipro GenAI Investor Intelligence and Wipro GenAI Loan Origination. Utilising GenAI’s power, the Wipro cognitive assistants …

Lupin Ltd Receives US FDA Approval for Travoprost Ophthalmic Solution

Lupin Ltd Receives US FDA Approval for Travoprost Ophthalmic Solution

6 May 2024

On May 6, 2024, Lupin Ltd informed the stock exchanges that the company got approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application (ANDA) for Travoprost Ophthalmic Solution USP, 0.004%. Travoprost Ophthalmic Solution USP, 0.004%, is an Ionic Buffered Solution. Lupin Ltd got approval from the United …

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