Drug maker Lupin on Friday said it has received approval from the US health regulator to market a generic product, used in the treatment of a lung disease, in the American market. The company has received approval from the US Food and Drug Administration (USFDA) to market Pirfenidone tablets in strengths of 267 mg and [...]
The share of a leading player in the drone solution gained a 3 percent of Rs 163 apiece on Friday’s early trade after the company informed the successful testing of a Reusable Rocket Launch Vehicle. At 1:17 p.m., On the Stock Exchange, Droneacharya Aerial Innovations Ltd shares were trading at Rs 160.95 a share, up [...]
This multibagger stock gained 2% after the company acquired PVC business for Rs. 235 crore including adjoining land acquisition for Rs. 171 crore. Share prices of Supreme Industries opened at Rs. 4,522 and reached its 52 week high at Rs. 4566.4 in Friday’s trading session. The stock returned 62.3% in six months and a multibagger [...]
On Friday, the shares of India's third-largest housing finance company rose 7.5 percent to Rs 170 per share after the company repaid USD 275 million of external borrowings. At 12:40 p.m., On the National Stock Exchange, Indiabulls Housing Finance Ltd shares were trading at Rs 167.65 a share, up Rs 9 or 5.70 percent, with [...]
Shares of this multibagger stock under the ‘micro-cap’ category hit the 20 percent upper circuit after Ashish Kacholia bought a fresh stake in the company. In the last five trading sessions, the company’s scrip has drastically jumped by 55 percent from Rs 150 to the current price level. With a market capitalization of Rs 281.07 [...]
This small-cap stock soars ~10% on Friday as a result of the agreement with a US-based company. A significant volume rise that was higher than the previous day and the previous week is helping to support the stock price. This stock is currently trading higher than both the 50-day and 200-day moving averages. This stock [...]
Shares of a defence company soared 8 percent higher on Friday’s early trades to reach a fresh 52-week high of ₹ 398.40 apiece on the National Stock Exchange (NSE). This happened after the company bagged orders worth ₹ 158 crores. At 11:46 AM, its shares were trading at ₹ 383.15 apiece. Astra Microwave Products informed [...]
The Indian renewable energy industry is estimated to grow at a CAGR of more than 10 percent between 2023 and 2028.In the long run, the business is expected to be pushed by factors such as supportive government regulations, growing environmental consciousness, subsidies, and tax breaks for installing solar panels. The Ministry of New and Renewable [...]
The P/E (Price to Earnings) ratio defines the ratio of a company's current share price to its earnings per share (EPS), which is frequently employed to define the value of a stock. According to World Steel Association forecasts, the steel sector will grow at a pace of roughly 6.7 percent in 2023. According to the [...]
Foreign Institutional Investors are a kind of investors who invest their money in an asset outside their official country. These types of investors are an active part of the market and their choices of investment hold a significant value. FIIs in India can invest in both primary and secondary markets which contain listed, unlisted, and [...]
