IOC board approves Capex of Rs 4,495 crore for setting first-ever Styrene Project in India IOC board approves Capex of Rs 4,495 crore for setting first-ever Styrene Project in India Anthony Fernandes / Thursday, July 1, 2021 / Article rating: 4.4 Indian Oil Corporation (IOC) announced on Thursday that its board accorded stage-1 approval for setting up of India’s first-ever Styrene Monomer Project at the firm’s Panipat Refinery & Petrochemical Complex in Haryana with a total capacity of Rs 3.87 lakh tonnes per annum.
Unichem Labs gains 3 per cent on receiving USFDA tentative nod for Aripiprazole tablets Unichem Labs gains 3 per cent on receiving USFDA tentative nod for Aripiprazole tablets Anthony Fernandes / Thursday, July 1, 2021 / Article rating: 5.0 The shares of Unichem Laboratories Limited were trading higher today by 3 per cent intraday after the company announced that it has received tentative approval from United States Food & Drug Administration (USFDA) for Aripiprazole tablets in the strengths of 2 mg, 5 mg, 10 mg, 15 mg, 20 mg and 30 mg.
SSWL export segment achieves highest-ever sales by volumes in June; stock heads for multi-year breakout SSWL export segment achieves highest-ever sales by volumes in June; stock heads for multi-year breakout The export segment achieved its highest-ever sales by volumes & sales in June 2021 while its passenger car segment rose by 157 per cent YoY amid an uptick in demand. Karan Dsij / Thursday, July 1, 2021 / Article rating: 3.7 The stock is up by nearly 200 per cent from the lows of May 2020 and it’s nearing a multi-year breakout. It registered the highest single-day volume since May 05, 2021.
Cadila seeks DCGI emergency use authorisation for first plasmid DNA COVID-19 vaccine Cadila seeks DCGI emergency use authorisation for first plasmid DNA COVID-19 vaccine Anthony Fernandes / Thursday, July 1, 2021 / Article rating: 4.7 Drug manufacturer, Zydus Cadila announced on Thursday that it has applied for emergency use authorisation (EUA) to the office of Drug Controller General of India (DCGI) for ZyCoV-D - its plasmid DNA vaccine against COVID-19.
Ethanol factor creates excitement for sugar stocks; Renuka Sugars & Magadh Sugar pip EID Parry & Balrampur Chini to emerge as top gainers! Ethanol factor creates excitement for sugar stocks; Renuka Sugars & Magadh Sugar pip EID Parry & Balrampur Chini to emerge as top gainers! A couple of years back, stocks from this sector were overlooked by investors given the hiccups faced by this industry; however, fast-forward to 2021, these stocks have become the darling of traders now. So, let’s know the reason behind this sudden swift in the sugar stocks. Karan Dsij / Thursday, July 1, 2021 / Article rating: 3.1 Hence, a successful E20 programme can save the country US $4 billion per annum, i.e., Rs 30,000 crore. Besides, ethanol is a less-polluting fuel and offers equivalent efficiency at a lower cost than petrol.
Only buyers in Suzlon as the stock trades close to its 52-week highs Only buyers in Suzlon as the stock trades close to its 52-week highs Suzlon is up by 58 per cent in one year while the stock has gained 42 in one month. The stock is locked in upper circuit after gaining 5 per cent on Thursday. Yogesh Supekar / Thursday, July 1, 2021 / Article rating: 3.4 Suzlon has narrowed its losses in the recent quarter with improving total income YoY.
India Glycols forms 49-51 JV with Clariant for renewable ethylene oxide derivatives India Glycols forms 49-51 JV with Clariant for renewable ethylene oxide derivatives The JV's production facilities in India will supply to local & global markets, creating one of the largest green-focussed speciality chemicals (EO derivative) companies. Apurva Joshi / Thursday, July 1, 2021 / Article rating: 4.4 India Glycols Limited (IGL) along with Clariant has completed the creation of their 49-51 per cent joint venture for renewable ethylene oxide (EO) derivatives after receiving all the necessary regulatory approvals. The joint venture will operate under the name, Clariant IGL Specialty Chemicals Private Limited.
Top-performing penny stocks for Q2CY2021: 28 stocks turn multibaggers, DNAMEDIA jumps 407 per cent in just 3 months! Top-performing penny stocks for Q2CY2021: 28 stocks turn multibaggers, DNAMEDIA jumps 407 per cent in just 3 months! The outperformance of the broader markets was a boon for the market participants as a lot of stocks were seen delivering multifold returns during April-June quarter, which is Q2CY2021. Karan Dsij / Thursday, July 1, 2021 / Article rating: 3.3 So, let’s move on and look, which were the top-performing penny stocks for Q2CY2021.
Its advantage bulls in Bayer Cropscience as the stock makes a golden crossover Its advantage bulls in Bayer Cropscience as the stock makes a golden crossover The share of Bayer Cropscience saw the 50 DMA cross the 200 DMA from below on Wednesday. Yogesh Supekar / Thursday, July 1, 2021 / Article rating: 4.1 Bayer Cropscience gained more than 1 per cent in previous trading session closing in green after slipping in red during the intraday session. The buying in the last hour of the session with volumes helped stock close in green.
Vodafone Idea Q4 net loss widens, Sunil Singhanias Abakkus buys stake in IIFL Finance; click to know more! Vodafone Idea Q4 net loss widens, Sunil Singhanias Abakkus buys stake in IIFL Finance; click to know more! Karan Dsij / Thursday, July 1, 2021 / Article rating: 3.7 Vodafone Idea: The company reported a consolidated net loss of Rs 7,022.8 crore against the loss of Rs 11,643.5 crore in the corresponding quarter of the previous fiscal year. In the quarter ended December 2020, the company’s loss stood at Rs 4,532.1 crore.