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Pharma stock falls by 7% after it received warning letter from USFDA pertaining procedure violations

Pharma stock falls by 7% after it received warning letter from USFDA pertaining procedure violations

The large-cap pharma company's share declined to 7.1 percent Rs 1,175.75 per share from its intraday low on Thursday after the Company announced the warning letter from the US Food and Drug Administration(USFDA).  According to Cipla filing, the US FDA conducted a current good manufacturing practices (cGMP) inspection at Cipla's Pithampur manufacturing facility from February [...]
Stock hits 5% upper circuit after subsidiary to establish and operate cinemas in Saudi Arabia 

Stock hits 5% upper circuit after subsidiary to establish and operate cinemas in Saudi Arabia 

Shares of this micro-cap stock hit the 5 percent upper circuit on Thursday after the company’s subsidiary entered into an agreement to establish and operate cinemas in Saudi Arabia. In the past month, the company’s shares have gained nearly 15 percent.  With a market capitalization of Rs 186.73 crores, the stocks of Mukta Arts Limited [...]
Stock jumps up to 4% after it receives orders worth ₹ 2.92 Crores from Bharti Airtel 

Stock jumps up to 4% after it receives orders worth ₹ 2.92 Crores from Bharti Airtel 

Multibagger Engineering stock jumped 4 percent in the day’s trade after it received orders worth Rs. 2.92 Crores from Bharti Airtel Limited for the supply of components for their telecom infrastructure.  At 12:04 p.m. the shares of Bondada Engineering Limited were trading at Rs. 447.50, up 3.58 percent from its previous day's close price of [...]