DSIJ Mindshare

We expect the company's operating margin to improve going forward as the recent extraction of iron ore is expected to bring down costs since iron ore is a major raw material in the steel producing process.

On November 1, 2019, the USFDA issued an update containing the latest information of Ranitidine. Concluding from the results provided by the USFDA, Strides Pharma’s Ranitidine Tablets 300 mg (Rx) are within acceptable limits for NDMA of 96 nanograms per day or 0.32 ppm.

Inox Wind has received an order from ReNew Power Ltd under the SECI - 2 regime for 38MW wind power project to be developed at Anjar in Gujarat. Reacting to this news, the stock of the company gained by 4.19 per cent in today's morning trading session.

KEC International informed the bourses that it has secured orders worth Rs1,806 crore. The company’s won these orders under Railways, Transmission & distribution, and Civil & cables verticals.

Under Agri machinery products, the volume stood at 19750 units down by 6.1 per cent yoy. Overall lower volumes and unfavourable product mix led to margin deterioration.