Sensex, Nifty volatile; Affle India & Aarti Drugs lock in at upper circuit, IndusInd Bank jumps 5 per cent
Sensex, Nifty volatile; Affle India & Aarti Drugs lock in at upper circuit, IndusInd Bank jumps 5 per cent

Sensex, Nifty volatile; Affle India & Aarti Drugs lock in at upper circuit, IndusInd Bank jumps 5 per cent

DSIJ Intelligence Article rating: 4.5

On Monday, the domestic benchmark indices witnessed volatility. India VIX was up by 6.02 per cent. Sensex gained by 194.90 points or 0.44 per cent to close at 44,077.15 levels while Nifty was up by 67.40 points or 0.52 per cent at 12,926.45 levels.

Strides Pharma plunges 2 per cent despite receiving USFDA nod to market Prednisone tablets
Strides Pharma plunges 2 per cent despite receiving USFDA nod to market Prednisone tablets

Strides Pharma plunges 2 per cent despite receiving USFDA nod to market Prednisone tablets

DSIJ Intelligence Article rating: 3.3

The pharmaceutical company headquartered in Bengaluru, Strides Pharma Science Limited announced today that its subsidiary, Strides Pharma Global Pte Limited (Singapore) has received a nod for Prednisone tablets USP from United States Food & Drug Administration (USFDA).

CG Power locks in at upper circuit as lenders agree for loan restructuring
CG Power locks in at upper circuit as lenders agree for loan restructuring

CG Power locks in at upper circuit as lenders agree for loan restructuring

DSIJ Intelligence Article rating: 4.2

The lenders to CG Power agreed a one-time loan restructuring by accepting a one-time settlement and restructuring of debt. Reacting to the news, shares of the company gained by 4.96 per cent locking in at its upper circuit at Rs 36 per share.

Buzzing mid-cap & small-cap stocks on Monday
Buzzing mid-cap & small-cap stocks on Monday

Buzzing mid-cap & small-cap stocks on Monday

DSIJ Intelligence Article rating: 4.8

On Monday, while the domestic benchmark indices remained volatile, fluctuating between red and green, the broader markets outperformed. BSE Small-Cap index was up by 1.41 per cent while BSE Mid-Cap index rose by 1.22 per cent. Meanwhile, Sensex was trading flat with a negative bias, down by 10 points or 0.02 per cent at 43,874.11 levels.

Trending stock: Titan Company makes new 52-week high
Trending stock: Titan Company makes new 52-week high

Trending stock: Titan Company makes new 52-week high

DSIJ Intelligence Article rating: 3.8

Even as Sensex and Nifty are trading flat today, the stock of Titan Company jumped 0.80 per cent during Monday’s trading session, making a fresh 52-week high of Rs 1,375.85 per share.

Relaxo Footwears plans to invest Rs 150 crore in FY21
Relaxo Footwears plans to invest Rs 150 crore in FY21

Relaxo Footwears plans to invest Rs 150 crore in FY21

Nidhi Jani Article rating: 4.5

Open footwear contributes approximately 80 per cent of the company’s total revenue. The company has mentioned that the demand for closed footwear has been adversely affected in the pandemic but it's likely to gain traction going forward due to the onset of winter.

BEML secures Rs 501 crore contract for metro project
BEML secures Rs 501 crore contract for metro project

BEML secures Rs 501 crore contract for metro project

Nidhi Jani Article rating: 3.6

The project cost of the same is approximately Rs 501 crore. With this order win, BEML’s order book stands at Rs 4,318 crore from Rs 3,218 crore earlier.

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