The transaction aligns with Lupin’s strategy to grow its global presence in Specialty areas, where the company has a leading position, with high-quality products that are innovative or unique in the market.
Posts in category Business Standard
Market at day’s high; Sensex soars 1,623 pts; auto shares rally (05-06-2024)
At 11:30 IST, the barometer index, the S&P BSE Sensex was surged 1,623.46 points or 2.26% to 73,708.60. The Nifty 50 index jumped 532.20 points or 2.43% to 22,416.70.
Tata Motors gains after board OKs to set up new subsidiary, approved merger of TMFL with TCL (05-06-2024)
Tata Motors added 1.92% to Rs 921.50 after the company said that its board has approved to set up a wholly-owned subsidiary namely TML Commercial Vehicles (TMLCVL).
NLC India shares slip 5% on plans to raise $600 mn foreign currency loan (05-06-2024)
NLC India’s board of directors are set to meet on June 10, 2024 to consider and approve foreign currency loan through external commercial borrowings (ECB) up to $600 Million
Delton Cables edges higher after bagging supply order worth Rs 178 crore (05-06-2024)
Delton Cables added 2.58% to Rs 410.20 after the company announced that it has received an order of Rs 177.83 crore from Top EPC Companies under Revamped Distribution Sector Scheme (RDSS Scheme) for supply of power cables.
Shilpa Medicare spurts as arm files DMF with USFDA (05-06-2024)
Shilpa Medicare jumped 6.36% to Rs 470.75 after the firm said that its wholly owned subsidiary, Shilpa Biologicals has filed its first Drug Master File (DMF) of recombinant Human Albumin 20% with the United States Food and Drug Administration.
GPT Infra edges higher after bagging EPC contract worth Rs 547 crore from RVNL (05-06-2024)
GPT Infraprojects added 3.18% to Rs 234.90 after the company announced that it has secured an order worth Rs 547 crore from Rail Vikas Nigam Limited (RVNL), which has to be executed on an engineering, procurement, and construction (EPC) mode.
Volumes jump at Dabur India Ltd counter (05-06-2024)
Dabur India Ltd saw volume of 12.22 lakh shares by 10:46 IST on BSE, a 8.52 fold spurt over two-week average daily volume of 1.43 lakh shares
Greaves Electric Mobility commences deliveries of Nexus electric scooters in Bangalore (05-06-2024)
Ampere’s first high-performance family electric scooter, the Ampere Nexus’ is designed, developed, and manufactured in India. The e-scooter boasts multiple innovations and classleading specifications. The phased delivery of Nexus scooters will continue throughout June, ensuring all booked customers receive their scooters promptly. Ampere started bookings of the Nexus at Rs 9,999 last month and has seen exceptional response from the customers.
India’s Private Sector Growth Eases To 5-Month Low (05-06-2024)
Growth was reportedly supported by rising sales, productivity gains and demand strength. The upturn was somewhat hampered by competitive and price pressures.