Real estate major Lodha Developers is buckling up to file its draft prospectus with SEBI to launch its IPO soon, according to reports. The initial public offering is expected to be one of the most notable debuts in the Indian stock this year. 

The share price of Techno Electric and Engineering Company surged by over 3 per cent in the intraday trade on Thursday as the company bought stake in Kohima-Mariani Transmission.

Pharma major Biocon slipped by 5 per cent in Thursday’s trade as the United States Food and Drugs Association issued a Form 483 with 7 observation for the company’s Bengaluru manufacturing unit. 

 Pharma major Zydus Cadila received final approval for Bumetanide Tablets USP from the US Food and Drug Administration (USFDA) on Wednesday, post market hours.

The stocks that are expected to witness a significant movement on the bourses on Thursday, May 3, 2018 are Cadila Healthcare Limited, Tata Power Company Limited, Kridhan Infra Limited, Castrol India Limited and Central Bank of India.      

Real estate company GR Infraprojects filed draft papers with the market regulator SEBI to raise about Rs. 1,800 crore via an initial public offering (IPO). 

In a significant development, packaging major Uflex has introduced Flexi-Tubes that roll up all the advantages of multi-layered flexible laminates to perfection. 

The share price of Shah Alloys surged by about 5 per cent in Thursday’s trade on the back of the settlements of the company with ARCIL. 

The stock that are most likely to witness a significant movement on the bourses on April 27, 2018 are The Phoenix Mills Limited, Accelya Kale Solutions Limited, Thermax Limited, Cyient Limited, Cholamandalam Investment and Finance Company Limited. 

Pharma major Zydus Cadila surged by over 3 per cent on the bourses on Thursday as the company bagged the final approval from the US Food and Drug Administration (USFDA) for marketing Methylprednisolone Cinacalcet Hydrochloride tablets.