Cupid added 1.06% to Rs 95.92 after the company announced that it has received an initial order from Cipla Health to manufacture a range of male condoms under the ‘Cipla’ brand.
Posts in category Business Standard
L&T Finance extend gains as Morgan Stanley buys stake; up 8% in two days (14-06-2024)
Shares of L&T Finance extended their gains on Friday, rising 4.5 per cent at Rs 183.20 per share on the BSE in Friday’s early morning deals
Yen Hits Two And Half Month Low Against Dollar; BoJ Keeps Rates Unchanged (14-06-2024)
The Japanese yen weakened sharply against the dollar on Friday to its lowest level in around two and half months after the Bank of Japan decided to keep interest rates unchanged in June as widely expected, after its first rate hike in seven years at the March meeting. The Bank further decided that it would reduce its purchase amount of JGBs thereafter to ensure that long-term interest rates would be formed more freely in financial markets. Meanwhile, the dollar index holds close to 105 mark despite the release of weaker-than-expected economic data on Thursday. Currently, USDJPY pair is holding at 157.97, up 0.60% on the day and at its highest level since end of April.
Volumes spurt at ICICI Lombard General Insurance Company Ltd counter (14-06-2024)
ICICI Lombard General Insurance Company Ltd registered volume of 3.99 lakh shares by 10:47 IST on BSE, a 45.4 fold spurt over two-week average daily volume of 8799 shares
Vodafone Idea board OKs raising upto Rs 2,458 cr via preferential issue (14-06-2024)
Vodafone Idea (VIL) announced that its board has approved preferential allotment of around 166 crore fully paid up equity shares in one or more tranches for an aggregating consideration of upto Rs 2,458 crore on preferential basis.
Stock of this wellness company has zoomed 69% from 52-wk low in 3 days (14-06-2024)
Shares of Kaya hit a 52-week high of Rs 451.15, as they surged 16% in Friday’s intra-day trade, surpassing its previous high of Rs 395.90 touched on August 10, 2023.
Ambuja Cements hits life high on plan to acquire Penna Cement for Rs 10,422 cr (14-06-2024)
Ambuja Cements advanced 2.21% to Rs 679.70 after the company said it will acquire 100% stake in Penna Cement Industries (PCIL) for an enterprise value of Rs 10,422 crore.
SCI share price up 4% after in-principle nod for GIFT City subsidiary (14-06-2024)
The surge in stock price came after Shipping Corporation of India said that it has been granted in-principle approval to form a wholly-owned subsidiary at GIFT City
Govt bond yields extend losses tracking US yields on rate cut bets (14-06-2024)
The futures market is pricing in 50 basis points of rate cuts this year, according to the CME FedWatch tool
Sales of listed private non-financial companies register 6.9% growth in Q4 of FY24: RBI (14-06-2024)
Sales of listed private non-financial companies registered 6.9 per cent growth (y-o-y) in Q4:2023-24 as compared to 5.5 per cent growth in the previous quarter, according to the Reserve Bank data released on Thursday. Aggregate sales growth (y-o-y) of 1,669 listed private manufacturing companies inched up to 6.1 per cent during Q4:2023-24 from 3.7 per cent during the previous quarter; aided by sales acceleration in automobiles, petroleum, electrical machinery and pharmaceuticals industries. Annual growth in sales of information technology (IT) sector moderated to 3.1 per cent in Q4:2023-24 from 3.2 per cent in the previous quarter and 16.0 per cent a year ago. The Reserve Bank released data on the performance of the private corporate sector during the fourth quarter of 2023-24 drawn from abridged quarterly financial results of 2,823 listed non-government non-financial companies.