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Zydus Lifesciences Scales New Heights: Stock Price Soars Past Rs 1,000 Mark

Zydus Lifesciences Scales New Heights: Stock Price Soars Past Rs 1,000 Mark

11 March 2024

A Landmark Achievement Zydus’ stock price achievement signifies a remarkable journey for the company. It took nearly more than six and half years for the shares to breach the Rs 1,000 mark, highlighting the steady growth and investor confidence the company has garnered over time. The table below provides a glimpse into Zydus’ historical stock …

SPARC Gears Up for Breakout: A 9-Year Consolidation Range Poised for Strong Upswing

SPARC Gears Up for Breakout: A 9-Year Consolidation Range Poised for Strong Upswing

11 March 2024

SPARC is a leading bio-pharmaceutical firm dedicated to the research and development of pharmaceuticals. Since its inception on March 1, 2006, headquartered in Mumbai, India, SPARC has been at the forefront of innovation in the pharma sector, focusing on delivering advanced pharmaceutical solutions. Technical Analysis Breakdown An in-depth examination of SPARC Share on a weekly …

Sun Pharma Recalls Gout Medication: FDA Cites Manufacturing Violations

Sun Pharma Recalls Gout Medication: FDA Cites Manufacturing Violations

11 March 2024

As per the US health regulator, the US Food and Drug Administration, Indian multinational pharmaceutical company Sun Pharmaceutical Industries Limited is recalling around 55,000 bottles of generic medication to treat gout from the American market due to manufacturing practices norms violations. Sun Pharma Recalls Gout Medication According to the recent enforcement report by the US …

Addressing Bangalore’s Water Crisis: Stocks Poised to Benefit

Addressing Bangalore’s Water Crisis: Stocks Poised to Benefit

11 March 2024

Bangalore, India’s famed “Silicon Valley,” is facing a severe water crisis. Rapid urbanization coupled with inadequate infrastructure and unreliable rainfall patterns have pushed the city to the brink. Citizens are forced to rely on water tankers for daily needs, and businesses face disruptions due to water shortages. This crisis not only impacts the quality of …

Cabinet Approval Paves the Way for India’s AMCA Fighter Jet

Cabinet Approval Paves the Way for India’s AMCA Fighter Jet

11 March 2024

The Cabinet Committee on Security (CSS) has approved ₹15,000 crore fifth-generation Advanced Medium Combat Aircraft (AMCA) fighter jet project for the Indian Air Force (IAF). This project is under the Aeronautical Development Agency (ADA) under the Defence Research and Development Organisation (DRDO). ADA will be collaborating with Hindustan Aeronautics Limited (HAL) to manufacture the prototypes …

Indiabulls Housing Finance launched its NCDs issue with CRISIL AA/Stable Ratings

Indiabulls Housing Finance launched its NCDs issue with CRISIL AA/Stable Ratings

11 March 2024

Indiabulls Housing Finance Limited offered secured, redeemable, non-convertible debentures (secured NCDs) named Indiabulls Housing Fin. Tranche V NCD Jan 2024. The issue is open for subscription between March 5 and March 19, 2024. The base issue size was Rs 100 crore, with an option to oversubscribe for another Rs 100 crore, bringing the total tranche …

Insight Into Adani Group’s ₹60,000 Crore Capex For Aviation Sector

Insight Into Adani Group’s ₹60,000 Crore Capex For Aviation Sector

11 March 2024

The Adani Group, a prominent Indian conglomerate, has set its sights on significant growth within the aviation sector. They recently unveiled an ambitious plan to invest a whopping ₹60,000 crore into their existing airport portfolio over the next 5-10 years. This move indicates the commitment of the Adani Group to transform India’s aviation landscape and …

InterGlobe Aviation Records Block Deal of 2.6 Crore Shares

InterGlobe Aviation Records Block Deal of 2.6 Crore Shares

11 March 2024

InterGlobe Aviation Ltd (IndiGo), India’s largest passenger airline engaged in providing airline services in both the passenger and commercial segments, is in the spotlight today due to block deals incurred in the company’s shares during the morning trading session. Block Deal: In today’s morning trading session, around 2.6 crore shares, representing a 6.7% stake, were …

Vedanta Ltd Faces SEBI Warning: Action Required on Corporate Disclosure

Vedanta Ltd Faces SEBI Warning: Action Required on Corporate Disclosure

11 March 2024

The mining giant Vedanta Ltd is in focus on March 11, 2024, as it received a warning letter from the market regulator Securities and Exchange Board of India (SEBI) for publishing information related to its unlisted ultimate holding company. The letter asked the mining conglomerate to strengthen its internal control for corporate announcements and press …

Dwarikesh Sugar Industries Announces 1.59% Equity Buyback

Dwarikesh Sugar Industries Announces 1.59% Equity Buyback

11 March 2024

On March 8, 2024, The board of directors of Dwarikesh Sugar Industries Ltd held a meeting and approved a buyback of shares not aggregating more than ₹31.50 crore. Dwarikesh Sugar Industries’ buyback price has been fixed at ₹105 per equity share. The board of Dwarikesh Sugar Industries Ltd evaluated and approved the buyback of up …

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