Pharmaceuticals Financial News

demat accounts today (Friday, June 7). The refunding process for individuals who have not yet received their shares will also be completed today.The speciality chemical company's subscription period began on Monday, June 3, and ended on Wednesday, June 5.

Natco Pharma Ltd.(up 3.72 per cent), Lupin Ltd.(up 1.87 per cent), Granules India Ltd.(up 1.3 per cent), Alkem Laboratories Ltd.(up 1.25 per cent) and Dr. Reddy's Laboratories Ltd.(up 1.05 per cent) were among the top gainers.

₹6,500, sees an upside potential of 10.73 per cent.“The stock has corrected well and has consolidated near 5700 levels to maintain a good base taking support and currently we anticipate a bounce back with strength and potential to rise further in the coming days," Parekh said.Also read: Chandan Taparia recommendations: How to trade Escorts, Dixon Tech, Glenmark Pharma shares on June 7?“The RS has shown signs of positive bias and with good volume participation witnessed, we suggest to buy and accumulate this stock for an upside target of 6500 levels keeping the stop loss of 5650," she added.Dr Reddy's shares was trading 1.29 per cent higher on Thursday, June 7. The stock closed at ₹5,899.40 per share, against previous close at ₹5,824 on Wednesday.Dr.

US trade deficit expanded slightly less than analysts expected in April, to the widest since late 2022, as imports rose more quickly than exports, according to government data released Thursday.

share allotment of Kronox Lab IPO is expected to be finalised today. Investors will receive shares on a lottery basis and the whole process was supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. They can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE.

Bank Nifty was up by 527.1(1.07%) at 06 Jun 2024 10:44:55 IST.Other stocks such as Secur Credentials, Compuage Infocom, Morarjee Textiles, Vaxtex Cotfab, GSS Infotech hit their fresh 52 wk lows today.

Force Motors: The company reported a 13.38% increase in domestic sales in May, selling 2,412 units. However, exports fell by 63.34 percent to 180 units.TCNS Clothing: Shareholders have overwhelmingly voted in favor of the amalgamation of TCNS Clothing and Aditya Birla Fashion and Retail Limited, with 99.9% in favor.Torrent Pharmaceuticals: The company has signed a non-exclusive patent licensing agreement with Takeda Pharmaceuticals to commercialize Vonoprazan, a novel potassium-competitive acid blocker (P-CAB) used for treating gastroesophageal reflux disease (GERD), in India.

New Delhi: Torrent Pharmaceuticals Ltd has entered into a non-exclusive patent licensing agreement with Takeda Pharmaceuticals to commercialize Vonoprazan in India, which is used to treat and prevent the return of ulcers (sores in the lining of the stomach or intestine) caused by certain types of bacteria, the company said in a statement on Wednesday.Vonoprozan is a novel potassium-competitive acid blocker (P-CAB), used for the treatment of acid-related disorder gastroesophageal reflux disease (GERD). Torrent will market Vonoprazan under its own trademark, Kabvie, it stated."We are delighted to commercialize this novel treatment for Indian patients.

Bank Nifty was down by -2152.5(-4.22%) at 04 Jun 2024 10:44:55 IST.Other stocks such as Tata Elxsi, Atul, HDFC Life Insurance Company, Landmark Cars, LTI Mindtree hit their fresh 52 wk lows today.

Kothari Sugars & Chemicals Ltd.(up 10.49%), Bajaj Hindusthan Sugar Ltd.(up 6.18%), Simbhaoli Sugars Ltd.(up 3.75%), Rajshree Sugars & Chemicals Ltd.(up 3.52%), Balrampur Chini Mills Ltd.(up 3.40%), Sakthi Sugars Ltd.(up 3.30%), DCM Shriram Industries Ltd.(up 2.95%), Dalmia Bharat Sugar and Industries Ltd.(up 2.59%), Avadh Sugar & Energy Ltd.(up 2.58%) and Shree Renuka Sugars Ltd.(up 2.25%) stood among the top gainers.

₹130.15 crore.Vadodara-based Kronox is a manufacturer of speciality fine chemicals. Many sectors, including biotech, pharmaceutical formulations, active pharmaceutical components, metallurgy, agrochemicals, animal health, and scientific research and testing, employ its products for a variety of purposes.Also Read: Kronox Lab Sciences IPO: GMP, review, subscription status, other details.

The NSE Nifty index closed 733.21 points up at 23263.9, while BSE Sensex ended up 2507.47 points at 76468.78.

China for all manner of things, most crucially, medical supplies. That it was also China where the coronavirus originated made for macabre irony as Beijing tried to use the people's suffering for geopolitical gains. World leaders recognised that the scale of reliance — fatal attraction, rather — was a national security threat. They devised a new lexicon to stay awake. 'De-risking', 'China plus one', 'friendshoring', 'resilient supply chains', 'trusted partners' and 'reliable geographies' became buzzwords. While progress was made to deny China the edge in semiconductors and critical minerals, focus on health security has been sporadic. Both the US and India acknowledge that pharma supply chains are too concentrated in one country and the need for diversification is urgent. But little has been done to address the issue. A partnership on health security similar to the one forged on critical and emerging technologies could be an idea. Good thing is the building blocks are already in place.

₹129–136 per share. The IPO lot size will be 110 equity shares.

systematic investment plan (SIP) reaps great dividends. This means if you keep investing small sums into a scheme on a regular basis, the total investment can, and does, grow into a substantial amount over a long period of time.

Sun Pharmaceutical Industries: The pharmaceutical company has agreed to a preferential offer to acquire a 14.28% stake in the Indian Foundation for Quality Management for ₹12.5 crore. Meanwhile, the US FDA announced that a US-based unit of Sun Pharma is recalling 35,069 bottles of medication used to treat high pressure inside the eye due to glaucoma or other eye diseases.Apollo Hospitals Enterprises: The company reported a consolidated net profit of ₹253.8 crore for the quarter ended March, a 76% increase from the same period a year ago, driven by reduced losses in its pharmacy, health, and lifestyle segments.

IEX, Infosys, Havells etc, will be in focus today on the back of corporate actions like stock split, and the annual general meeting (AGM) on Friday. Here is a list of corporate actions lined up for the day:

Zydus Lifesciences Ltd. with a target price of Rs 1196. The current market price of Zydus Lifesciences Ltd. is Rs 1039.3. Zydus Lifesciences Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 105126.30 Crore) operating in Pharmaceuticals sector.

Aster DM Healthcare with a target price of Rs 400. The current market price of Aster DM Healthcare Ltd. is Rs 366.9. Aster DM Healthcare Ltd., incorporated in the year 2008, is a Mid Cap company (having a market cap of Rs 18247.21 Crore) operating in Hospitals & Allied Services sector.

Stocks that traded heavily or had substantial price changes on Tuesday: Insmed, Agios rise; DraftKings, Atlantica fall

undertaking to the government, citing compliance with provisions of Uniform Code for Pharmaceuticals Marketing Practices (UCPMP) 2024. The newly notified UCPMP prohibits companies from organising workshops abroad for healthcare professionals or offering them hotel stay, expensive cuisine or monetary grants to control unethical practices in the pharma industry. The government has asked pharma companies to submit an undertaking by June 30. The Department of Pharmaceuticals (DoP) has sent out a self-declaration form for FY25 under UCPMP to all pharmaceutical associations for «strict compliance,» said a circular dated May 28.