Hikal Ltd derives nearly 66 per cent of revenue share from exports. It has a wide presence in Europe, US and other parts of Asia. Crop protection segment contributes 41 per cent of its total revenue.

Biocon Limited has announced its financial result for the quarter ending March 2020. Its consolidated revenue for the quarter Q4FY20 came in at Rs 1,581 crore as against Rs 1,528.8 crore in the corresponding quarter last year, registering 3.4 per cent YoY increase.

The stock of pharmaceutical company, Unichem Laboratories Limited, rose by more than five per cent today after the company announced that it has received an establishment inspection report (EIR) from USFDA for its API facility at Roha.

Sustaining below the level of 9,116 would open up for a downmove toward the levels of 9,000-8,900. While, on the upside, the resistance has now shifted towards 9,270-9,350 levels. Stocks in news: Intellect Design Arena, Torrent Pharmaceuticals, IRCON International, Unichem Laboratories, HDFC.

On the final trading session of the week, SGX Nifty is see-sawing near the neutral line as well as trading flat at 9,118 levels. The second tranche of economic package was unveiled by Finance Minister. She announced a host of schemes for migrant workers, street vendors, small traders and small farmers.

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Under agri machinery products, the volume stood at 20,108 units, down by 20 per cent YoY. Under construction equipments, the volume stood at 986 units, down by 32.2 per cent YoY.

Leading private sector bank, Federal Bank Limited, joined hands with MoneyGram Payment Systems, Inc., a wholly-owned subsidiary of MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, for a strategic partnership to offer a cost-effective direct to bank account credit option for customers in India.

Finance Minister’s stimulus aimed towards reviving the gloomy Indian economy failed to cheer up Indian stock markets as Sensex plunged by 885.72 points, which is 2.77 per cent to reach the level of 31,122.89 while, Nifty dipped by 240.80 points, which is 2.57 per cent to be at the level of 9,142.75.

Datamatics Global Services Ltd (DGSL), a global IT & BPM company, announced its strategic partnership with Ingram Micro to enhance presence in Indian market for its intelligent automation suite of products including TruBot, TruCap+ and TruBI.