R Systems International Ltd has lost 1.54% over last one month compared to 1.79% fall in BSE Information Technology index and 0.09% drop in the SENSEX
Macrotech Developers Ltd Slides 3.55%, BSE Realty index Drops 1.21% (04-10-2024)
Macrotech Developers Ltd has lost 6.87% over last one month compared to 1.54% fall in BSE Realty index and 0.09% drop in the SENSEX
Alembic Pharma gets US FDA nod for antihistamine Alcaftadine ophthalmic solution (04-10-2024)
Alembic Pharmaceuticals said that it has received final approval from the US Food & Drug Administration (US FDA) for its abbreviated new drug application (ANDA) Alcaftadine Ophthalmic Solution.
FIIs withdraw Rs 32,000 crore but India has Rs 2 lakh crore war chest to save Nifty from Israel war (04-10-2024)
In just 4 trading sessions, Sensex dropped over 3,300 points as FIIs pulled out nearly Rs 32,000 crore from D-Street. China’s market appeal and growing fears over the Iran-Israel conflict have spooked global investors. With concerns over high valuations as retail investors remain confident across price points, there is rising uncertainty about a potential market crash during the festive season.
Sakar Healthcare – Tiny Pharma Company for promising Growth ahead (04-10-2024)
Thanks for bringing up this point. I agree when viewed this way, the compensation seems on the higher side but this is at the moment only an enabling resolution. We need to wait and see how much they actually take and what are the revenues at that point of time. Sakar’s promoter remuneration has been within normal range until now though it has increased rapidly in recent years. I view it as a negative but not a show stopper as yet. If the revenues increase in line with the salary, it would be okay I guess. But yes, this is a point that needs to be watched.
GRSE signs contract for delivery of 5th multi-purpose vessel of 7,500 Dwt (04-10-2024)
Garden Reach Shipbuilders & Engineers (GRSE) signed an agreement with M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany on 03 October 2024, for the construction and delivery of 5th Multi-purpose vessel (MPV) of 7,500 DWT. This contract is in line with the Option Agreement’ signed between both the parties, for procurement of four additional MPVs from GRSE. The shipyard will build a total of eight vessels (08) at an approx. order value of 108 M USD.
FIIs unwind Nifty longs, add shorts in Bank Nifty; Experts see more pain (04-10-2024)
Derivatives market update for Oct 04: Data shows Balrampur Chini, Dabur, Bata India, Reliance, Axis Bank and Manappuram Finance are few of the F&O stocks that saw short build-up on Thursday.
Stock to watch: Shilpa Medicare stock in focus after receiving CEP from EDQM for diabetes drug (04-10-2024)
Shares of Shilpa Medicare will be highlighted as its subsidiary, Shilpa Pharma Lifesciences, obtained a certificate of suitability from European regulators for Desmopressin. This API is used in diabetes treatment. The certification marks a milestone for the company. Shilpa Medicare’s stock has increased notably in 2024 despite recent declines.