DSIJ Mindshare

Come March, everyone checks out for one last time, whether their tax-saving investments for the financial year is in order. Some even try to make last-minute investments in the last week of March. Here is a list of steps to go through before making hurried investments. 

FMCG stocks on Friday showed a negative trend despite benchmark index touching fresh highs for the year 2019. The sector took cues from HUL which hinted on lower volumes growth for the fourth quarter of FY19.

Aarti Drugs announced that its board approved buyback of around 1.2 per cent equity shares. The buyback price is set at Rs. 900 per share, which is a 37 per cent premium to its, Friday, 15 March closing.

Glenmark Pharmaceuticals received ANDA approval for Clindamycin and Benzoyl Peroxide Gel. The United States Food and Drug Administration (USFDA) gave Glenmark the final approval for Clindamycin and Benzoyl Peroxide Gel, a generic version of BenzaClin Gel of Valeant Bermuda.

The stock of Trent Limited has given a breakout of ascending triangle pattern on the weekly scale along with strong volumes.