Gold Silver Reports (GSR) – Bharti Infratel Falls As Operating Performance Dips Marginally – Shares of the Gurugram-based telecom infrastructure company fell as much as 3.77 percent to Rs 315.65 after its operating profit saw a marginal dip in March quarter. Bharti Infratel’s operating profit or EBITDA fell 0.4 percent to Rs 1,606 crore in March quarter from Rs 1,613 crore in the previous quarter.
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Hindalco, NALCO, Vedanta Slump As Aluminium Price Falls Most Since 2010; Sugar Producers Rise On Expectation Of Cane Subsidy
Gold Silver Reports (GSR) – Hindalco, NALCO, Vedanta Slump As Aluminium Price Falls Most Since 2010 – Shares of Hindalco, Vedanta and NALCO fell as much as 9 percent after aluminium slumped 7 percent on London Metal Exchange, the most since 2010, following softening of the U.S. government’s stance on Russian sanctions.
Merck Surges For Second Day After Procter & Gamble Proposes To Buy Stake
Gold Silver Reports (GSR) – Merck Surges For Second Day After Procter & Gamble Proposes To Buy Stake – Shares of the Mumbai-based drug maker rose as much as 14.67 percent to record high of Rs 2,020 after it informed exchanges that Procter & Gamble has proposed to buy 8.5 million …
Indian Hume Pipe Gains After Order Win; NCLT Allows Liberty House Bid For Bhushan Power
Gold Silver Reports (GSR) – Indian Hume Pipe Gains After Order Win – Shares of the pipe manufacturer rose as much as 9.6 percent to Rs 375. The company bagged Rs 578.50 crore order from Madhya Pradesh Jal Nigam Maryadit, according to its stock exchange notification.
Cipla Shares Decline As Regulatory Concerns Prevail At Pithampur Unit
Gold Silver Reports (GSR) – Cipla Shares Decline As Regulatory Concerns Prevail At Pithampur Unit – Shares of the drug maker fell as much as 2.9 percent to Rs 572.15. The pharmaceutical company received three observations from the U.S. drug regulator for its Pithampur unit, according to its exchange filing.
Dilip Buildcon Surges After Kotak Securities Initiates Coverage
Gold Silver Reports (GSR) – Dilip Buildcon Surges After Kotak Securities Initiates Coverage – Shares of the Bhopal-based road developer rose as much as 2.9 percent to Rs 1,162 after homegrown brokerage — Kotak Securities initiated coverage on the stock with a ‘buy’ for a target price of Rs 1,365 per share.
Unichem Labs Surges On U.S. FDA’s Inspection With No Observations
Gold Silver Reports (GSR) – Unichem Labs Surges On U.S. FDA’s Inspection With No Observations — Unichem Labs Surges On U.S. FDA’s Inspection With No Observations – Shares of the Mumbai-based drug maker rose as much as 8.7 percent, the most in over three months, to Rs 283.10 after the U.S. …
Stocks To Watch: Axis Bank, Bharti Infratel, Cipla, Reliance, LIC Housing
Gold Silver Reports (GSR) – Stocks To Watch: Axis Bank, Bharti Infratel, Cipla, Reliance, LIC Housing – The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, fell 0.5 percent to 10,554 as of 7:20 a.m. Asian stocks had a mixed start Monday, with investors continuing to assess the outlook for trade discussions and geopolitical tensions. Equity benchmarks rose in Sydney, while those in Tokyo and Seoul were little changed.
TCS Becomes First Indian Company To Cross Rs 6.5 Lakh Crore In Market Value
Gold Silver Reports (GSR) – TCS Becomes First Indian Company To Cross Rs 6.5 Lakh Crore In Market Value – Shares of the country’s largest IT firm extended gains and rose as much as 6.5 percent, the most in nearly six years after it reported strong March quarter earnings.
Sintex Plastics Block Deal Alert, Lasa Supergenerics Rises On Receiving WHO-GMP Certificate
Gold Silver Reports (GSR) – Lasa Supergenerics Rises On Receiving WHO-GMP Certificate – Shares of the Mumbai-based chemical maker rose as much as 7.9 percent to record high of Rs 94.90 after it received WHO Good Manufacturing Practice (GMP) certificate for unit situated at Mahad from Food and Drug Administration following which entry to regulated business markets will commence shortly, Lasa Supergenereics said in an exchange filing.