Lupin announced that it has received the approval from the United States Food and Drug Administration (USFDA) to market its Betamethasone Dipropionate Ointment USP (Augmented), 0.05 per cent.

Considering the weekly timeframe, the stock of Pidilite Industries Limited has bounced back from the edge of the rising trendline support that is formed by connecting the swing lows from October 2018 and coinciding with 34-week EMA level.

The year 2019 has not been a great year for most of the MF schemes.  Only 4 per cent of the total fund has generated a return of more than 20 per cent. Should you buy them? 

Lemon Tree Hotels Limited (LTH) announced its international debut of the company, with the launch of the first Lemon Tree Hotel in Dubai.

On Friday, CRISIL announced that its board had approved 100 per cent acquisition of the Greenwich Associates LLC and its subsidiaries at a consideration of US$40 million, subject to closing adjustments.

As of end of November 1, 2019, the order book position stood at Rs 1,831 crore. In terms of total mix of overall order book, stainless steel remained nearly Rs 575 crore, carbon steel stood at Rs 1,032 crore, and LSAW closer to Rs 200 crore.

The share price of Dishman Carbogen Amcis Limited plunged 12 per cent; a day after the Income Tax (IT) Department conducted a ‘search and survey operation’ at the company’s head office and maintenance sites. As a result, the company’s stock fell below its previous 52-week low of Rs 110, touched on October 25, 2019 and also, hit a new 52-week low of 102.50 at the BSE on Friday.

The Board of Directors of the company at its meeting held on December 19, 2019, also approved the increase of investments by the foreign portfolio investors (FPIs) to 40 per cent from 24 per cent of the paid-up equity share capital of the company.

The market opened in the green on 20th December. Previous day witnessed the Sensex rising up by 0.28 percent to end at 41,673.92 and the Nifty rose by 0.31 percent to close at 12,259.70. 

Amid challenging environment with lower sugarcane output and production cuts, the UP based sugar manufacturer, Dwarikesh Sugar Industries, has commissioned a distillery plant at its Dwarikesh Nagar unit in Bijnor District.