Jubilant Pharmova Ltd is a blended pharmaceuticals company that has three major segments of pharmaceuticals, development services and contract research with a market cap of Rs.11,237.28 Cr. The company has been expanding its subsidiaries and engaging with various segments within the pharmaceutical industry. Glenmark Pharma, Cipla and Dalton Pharma are known to be some of …
Aster DM Healthcare, a leading healthcare provider in India and the UAE, recently announced a strategic move towards sustainable operations. On April 17, 2024, Aster DM Healthcare, along with its subsidiary Malabar Institute of Medical Sciences (MIMS), signed a definitive agreement to acquire a 26% stake in Oyster Green Hybrid Two Private Limited. Aligning with …
Several Insurance companies were traded in green today, 18th April amid market views turning positive for upcoming Q4 results of the insurance companies. Insurance Sector Trading in Green: Various insurance sector stocks were seen trading in green today after strong results from ICICI Lombard General Insurance and expectations of the same from other insurance sector …
HDFC Bank Ltd was recently seen in the top Nifty 50 gainers after crossing the 1500 mark after January 2024, the share price has corrected more than 13% from its 52-week high of Rs.1,757.50. The stock has underperformed in the last 1 year and has given negative results. In 2024, the stock declined by 15% …
Global Brokerage, Macquaire has given a rating of outperform to the 5th Largest IT company of India, LTI Mindtree but has reduced its target price from Rs.7050 to Rs.6250, Despite this cut, the revised targets suggest a potential upside of 34% from the April 16 closing price. Why This Cut from Macquarie? Macquarie noted that …
One 97 Communications Limited (OCL), the parent company of India’s leading payments and financial services app Paytm, received a green light from the National Payments Corporation of India (NPCI) to initiate user migration to new partner banks. This development, announced on April 17, 2024, signifies a significant shift for Paytm’s UPI (Unified Payments Interface) users …
Once a superstar stock of D-Street, it turned its role to become a struggler as the stock witnessed a correction of nearly 32% from December 2023 highs. It could be attributed to multiple reasons which include the average collections of Bollywood and Hollywood films have dropped 50% YTD according to Bollywood Hungama. PVR announced the …
The upcoming FY-25 can be a transformative year for Anil Agarwal-led metals, mining and energy conglomerate, Vedanta Ltd. as it sets clear plans for deleveraging and demerger the business into 6 different units. Business model The Anil Agarwal-led conglomerate has a portfolio of assets among Indian and global companies with metals and minerals – zinc, …
What Has Happened? In low-income countries where access to nutritious food is already limited, the addition of sugar to baby food worsens the existing health challenges. Babies need healthy, nourishing food to grow and develop properly, but sugar in their diet can lead to a host of health issues, including tooth decay, obesity, and an …
Today, the shares of Amara Raja Energy & Mobility Limited zoomed over 11%. Additionally, the stock hits a fresh 52-week high mark of Rs 979.05 apiece on BSE. Furthermore, the scrip witnessed a spurt in volume by more than 4.65 times. The company’s current market capitalization stands at Rs 17,726.01 crore. Share Performance: On Tuesday, …
