Fineotex Chemical has announced that HealthGuard's market-leading, non-heavy metal base anti-microbial treatment, HealthGuard AMIC, has been approved by the US Environmental Protection Agency (EPA). In order to become the sole global marketing & sales channel partner with joint operations out of Malaysia, Fineotex Chemical Limited and HealthGuard® Australia formed a joint venture last year. 

If it didn't excite you, this fact will definitely leave you spellbound! The domestic tyre industry witnessed the highest growth on YoY of 50 per cent in exports at Rs 21,178 crore. 

The shares of Medicamen Biotech are currently buzzing among the investors after soaring 20 per cent on Wednesday amid strong buying interest.

The company has delivered good profit growth of 43.2 per cent CAGR over the last five years. In the recently concluded quarter, the stock reported sales of Rs 98 crore, up by 40 per cent YoY while its net profit shot up to Rs 17 crore in Q1FY23 as against Rs 11 crore in Q1FY22. The stock’s return on equity (RoE) stands at 32 per cent, which is quite impressive! 

On May 22, the government imposed an export duty of 15 per cent on a selection of pig iron, flat-rolled products made of iron or non-alloyed steel, bars & rods, and various flat-rolled stainless steel products along with an additional 45 per cent on iron ore pellets, in an effort to rein in input prices and control rogue inflation. In a similar vein, the export tariff on iron ores and concentrates was increased from 30 per cent to 50 per cent

The global brokerage firm Nomura has maintained a cautious stance on the IT services sector and expects a significant moderation in the revenue growth rate of the Indian IT companies in FY24 vs FY23.

In fact, in the last two trading sessions, the sector gained nearly 4 per cent while on an MTD basis, it delivered an eye-popping return of 13.21 per cent and has been the show-stopper.

One of the most-talented Indian investors, Ashish Kacholia, known as the ‘big whale’ or ‘the king of small-cap stocks’ in India has raised his shareholding in the shares of BSE-listed Yasho Industries Limited to 2.60 per cent from 2.55 per cent in the company during April to June 2022 quarter.  

On Tuesday, Dwarikesh Sugar Industries Ltd announced its audited financial results for the quarter and fiscal year ended March 31, 2021. The CMP of the stock is Rs 123.50. The stock appreciated by 65.77 per cent in the last six months whereas in the past one year, it has given a staggering return of 146.51 per cent.  The company declared the highest-ever dividend interim dividend at 200 per cent.