RVNL jumps over 18 per cent RVNL jumps over 18 per cent DSIJ Intelligence / Monday, April 15, 2019 0 2978 Article rating: 4.2 The shares of Rail Vikas Nikam Limited (RVNL) soared over 18 per cent in Monday’s trading session. The stock price has been moving northward since last three days. Read more
Meghmani Organics spikes on debt repayment Meghmani Organics spikes on debt repayment Nidhi Jani / Monday, April 15, 2019 0 2726 Article rating: 3.7 Meghmani Organics spiked nearly 7 per cent as the company repaid term loan amounting to Rs 166.83 crore. With this repayment, the company is now having outstanding term loan of Rs 127 crore as on March 31, 2019. Read more
Alembic Pharmaceuticals gets USFDA approval for ophthalmic solution Alembic Pharmaceuticals gets USFDA approval for ophthalmic solution Nidhi Jani / Monday, April 15, 2019 0 2029 Article rating: 5.0 As per IQVIA, the ophthalmic solution has a projected market size of US$76 million. Bimatoprost is used to treat high pressure inside the eye due to glaucoma (open-angle type) or other eye diseases. Read more
TCS surges on strong Q4FY19 while Infosys tanks on weak guidance TCS surges on strong Q4FY19 while Infosys tanks on weak guidance Nidhi Jani / Monday, April 15, 2019 0 1480 Article rating: 5.0 India’s two largest IT service providers TCS and Infosys reported their last quarter numbers for FY19 on Friday. TCS’s management indicated that it will continue the growth trajectory in FY20E, despite macro challenges in the industry. Read more
APL Apollo Tubes surges 3 per cent on acquisition plan APL Apollo Tubes surges 3 per cent on acquisition plan Nidhi Jani / Monday, April 15, 2019 0 4374 Article rating: 5.0 The unit is located in Southern India and has capacity of 2,00,000 MTPA. The consideration for acquisition would be Rs 70 crore, which would be funded through internal accruals. Read more