Lupin's Tarapur facility gets OAI Lupin's Tarapur facility gets OAI DSIJ Intelligence / Monday, January 13, 2020 0 1254 Article rating: 5.0 Lupin announced that the inspection by United States Food and Drug Administration (USFDA) at the company’s manufacturing facility in Tarapur concluded with Official Action Indicated (OAI). Read more
Sterlite Technologies to acquire stake in ASOCS Sterlite Technologies to acquire stake in ASOCS DSIJ Intelligence / Friday, January 10, 2020 0 1994 Article rating: 3.3 Sterlite Global Venture (Mauritius) entered into a definitive agreement to acquire 12.8 per cent in ASOCS, which is a vRAN technology company based in Israel. Read more
Sasken Technologies gains on joining hands with Qualcomm Sasken Technologies gains on joining hands with Qualcomm DSIJ Intelligence / Wednesday, January 8, 2020 0 3443 Article rating: 3.2 Sasken Technologies and Qualcomm have joined forces to extend engineering and customization support for the automotive customer base. Reacting to the news, the stock of Sasken rose by more than 4 per cent. Read more
Glenmark receives approval for Deferasirox Tablets Glenmark receives approval for Deferasirox Tablets DSIJ Intelligence / Tuesday, January 7, 2020 0 703 Article rating: 5.0 Glenmark Pharmaceuticals Inc. received ANDA approval for Deferasirox Tablets for Oral Suspension, 125 mg, 250 mg and 500 mg. Read more
Aarti Drugs incorporates subsidiary in the UAE Aarti Drugs incorporates subsidiary in the UAE DSIJ Intelligence / Monday, January 6, 2020 0 1374 Article rating: 2.5 Aarti Drugs announced that it has incorporated a wholly owned subsidiary (WOS) company named as Pinnacle Life Science LLC in the United Arab Emirates (UAE). Read more
True North to invest in Biocon for 2.44 per cent stake True North to invest in Biocon for 2.44 per cent stake DSIJ Intelligence / Monday, January 6, 2020 0 646 Article rating: 5.0 According to the press release made by Biocon, True North is set to invest Rs 536.25 crore in Biocon Biologics for stake of 2.44 per cent. Read more
Cyient to inaugurate development centre in Warangal Cyient to inaugurate development centre in Warangal DSIJ Intelligence / Monday, January 6, 2020 0 1378 Article rating: 5.0 Cyient announced the opening of its new development centre in Warangal, which will be functional post inauguration. Read more
Man Industries receives big export orders Man Industries receives big export orders DSIJ Intelligence / Monday, January 6, 2020 0 675 Article rating: 3.0 Man Industries announced that it has received a new export orders of Rs 400 crore. Reacting to this news, the stock of the company rose by 4.5 per cent to touch its intraday high. Read more
PNB gains on reports related to Nirav Modi PNB gains on reports related to Nirav Modi DSIJ Intelligence / Thursday, January 2, 2020 0 1947 Article rating: 4.5 Several reports are doing round in the markets, stating that Nirav Modi's assets mortgaged with Punjab National Bank (PNB) will be given back to the bank. Reacting to this news, the stock of the company increased by 3.09 per cent. Read more
Shriram Transport Finance to raise funds Shriram Transport Finance to raise funds DSIJ Intelligence / Thursday, January 2, 2020 0 1436 Article rating: 5.0 Shriram Transport Finance is proposing a public issue of upto Rs 1,000 crore by the method of issuing secured redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each. Read more
Cochin Shipyard: Stock gains on TSL acquisition Cochin Shipyard: Stock gains on TSL acquisition DSIJ Intelligence / Tuesday, December 31, 2019 0 3657 Article rating: 2.2 Cochin Shipyard has been declared as a successful resolution applicant by the Committee of Creditors (CoC) of Tebma Shipyards Limited (TSL) under the corporate insolvency resolution process (CIRP) of the Insolvency and Bankruptcy Code, 2016. Read more
Alkem acquires AbbVie Inc. Alkem acquires AbbVie Inc. DSIJ Intelligence / Tuesday, December 31, 2019 0 1620 Article rating: 5.0 Alkem Laboratories Limited entered into an asset purchase agreement with AbbVie Inc., USA, for the acquisition of certain assets related to the active pharmaceutical ingredient (API), Dronabinol. Read more
Inox Wind signs term sheet with Continuum Power Trading Inox Wind signs term sheet with Continuum Power Trading DSIJ Intelligence / Monday, December 30, 2019 0 1465 Article rating: 5.0 Inox Wind informed the exchanges of its signing a term sheet with Continuum Power Trading (TN) Private Limited, which is a part of Continuum Wind Energy group for an EPC contract for 250 MW. Read more
Dr. Reddy's Laboratories launches Sodium Nitroprusside Injection Dr. Reddy's Laboratories launches Sodium Nitroprusside Injection DSIJ Intelligence / Monday, December 30, 2019 0 705 Article rating: No rating Dr. Reddy’s Laboratories announced the launching of Sodium Nitroprusside injection, 50 mg/2 mL (25 mg/mL) single-dose Vial in the U.S. Market. It is the therapeutic generic equivalent of Nitropress (sodium nitroprusside) Injection, 50 mg/2ml vial, belonging to Hospira, Inc. and was launched post the USFDA approvals. Read more
Power Mech incorporates a new subsidiary Power Mech incorporates a new subsidiary DSIJ Intelligence / Monday, December 30, 2019 0 1864 Article rating: 5.0 A new company by the name of Power Mech Environmental Protection Private Limited has been incorporated as a wholly owned subsidiary by Power Mech Projects Limited. Read more
Cadila Healthcare clarifies market speculations Cadila Healthcare clarifies market speculations DSIJ Intelligence / Saturday, December 28, 2019 0 1909 Article rating: 3.0 Cadila Healthcare has clarified and rejected the market claims of the company’s intent to sell two of its divisions. Read more
Allahabad Bank: Stock shines on capital infusion news Allahabad Bank: Stock shines on capital infusion news DSIJ Intelligence / Friday, December 27, 2019 0 1625 Article rating: 5.0 In a BSE regulatory filing, Allahabad Bank stated that a release of fresh capital infusion fund of Rs. 2,153 crore has been sanctioned from the government. Reacting to this news, the stock of Allahabad Bank jumped by nearly 9 per cent during Friday’s early trading session. Read more
H.G. Infra gains on project H.G. Infra gains on project DSIJ Intelligence / Friday, December 27, 2019 0 1798 Article rating: 5.0 H.G. Infra has been declared as the L-1 bidder by National Highways Authority of India (NHAI) for Rewari bypass (NH-11) in Haryana. Reacting to the announcement, the stock of the company gained by nearly 3 per cent. Read more
NIIT Tech trades in green on buyback news NIIT Tech trades in green on buyback news DSIJ Intelligence / Tuesday, December 24, 2019 0 1675 Article rating: 4.5 NIIT Technologies made an announcement of a Rs 337 crore share buyback offer. Reacting to the announcement, the shares of the company were trading up by nearly 2 per cent. Read more
BHEL commissions Lignite based plant BHEL commissions Lignite based plant DSIJ Intelligence / Tuesday, December 24, 2019 0 1607 Article rating: 4.0 Bharat Heavy Electricals Limited (BHEL) announced that, in the country, it has commissioned the first of its kind, Lignite based 500 MW thermal unit of the Neyveli New Thermal Power Project (2x500 MW) in Tamil Nadu. Read more
Reliance Infra wins arbitration award against DMV Reliance Infra wins arbitration award against DMV DSIJ Intelligence / Monday, December 23, 2019 0 578 Article rating: No rating Reliance Infrastructure informed the exchanges on winning a major arbitration award of Rs 1,250 crore against Damodar Valley Corporation (DVC), which is a Government of India undertaking. Read more
Glenmark receives approval for Ryaltris Glenmark receives approval for Ryaltris DSIJ Intelligence / Monday, December 23, 2019 0 1140 Article rating: 5.0 Glenmark received the marketing approval from the Therapeutic Goods Administration (TGA), Australia for Ryaltris. Read more
Suven receives EIR for Pashamylaram facility Suven receives EIR for Pashamylaram facility DSIJ Intelligence / Friday, December 20, 2019 0 1183 Article rating: 5.0 Suven Life Sciences reported that the company underwent USFDA renewal inspection at its facility in Pashamylaram near Hyderabad. Read more
Lupin receives USFDA approval for inflammatory relief ointment Lupin receives USFDA approval for inflammatory relief ointment DSIJ Intelligence / Friday, December 20, 2019 0 878 Article rating: 3.5 Lupin announced that it has received the approval from the United States Food and Drug Administration (USFDA) to market its Betamethasone Dipropionate Ointment USP (Augmented), 0.05 per cent. Read more
Shriram Transport: Rating agencies revise outlook Shriram Transport: Rating agencies revise outlook DSIJ Intelligence / Tuesday, December 17, 2019 0 2282 Article rating: 3.3 Rating agencies, Fitch Ratings and S&P Global Ratings, revised Shriram Transport Finance Company Limited's (STFC) credit rating. Fitch Ratings affirmed STFC’s long-term issuer default rating (IDR) at 'BB+’ with 'stable outlook' and S&P Global Ratings has affirmed 'BB+/B' issuer credit ratings on the company and 'BB+' long-term issue rating on its senior secured notes, also revising the outlook to 'negative' from 'stable' on the basis of weaker economic condition Read more
Cipla trades in green post rights for Vysov Cipla trades in green post rights for Vysov DSIJ Intelligence / Tuesday, December 17, 2019 0 1247 Article rating: 5.0 Cipla has acquired the brand name and trademark rights for Vysov and Vysov M (vildagliptin + metformin), which are anti-diabetic drugs. Post this development, the stock was trading in green during the early trading session Read more
Indoco Remedies receives EU GMP for its facility in Goa Indoco Remedies receives EU GMP for its facility in Goa DSIJ Intelligence / Monday, December 16, 2019 0 1489 Article rating: 5.0 Indoco Remedies received EU GMP certification from the UK Health Regulator for its sterile manufacturing facility (Plant II) at Verna, Goa. The company also stated that this is an outcome from the last successful inspection conducted by UK MHRA from September 16 to 20, 2019. Read more
USFDA flags Sun Pharmas Halol facility USFDA flags Sun Pharmas Halol facility DSIJ Intelligence / Monday, December 16, 2019 0 1671 Article rating: 3.7 The United States Food and Drug Administration (USFDA) concluded its Good Manufacturing Practices (GMP) inspection at Sun Pharmaceutical Industries’ facility, located in Halol, Gujarat, with eight observations. Read more
Adani Transmission gets LOI Adani Transmission gets LOI DSIJ Intelligence / Monday, December 16, 2019 0 751 Article rating: 5.0 Adani Transmission reported of receiving the letter of intent (LOI) from the Maharashtra State Electricity Transmission Company Limited (MSETCL) in order to build, own, operate, and maintain a transmission project in Maharashtra for a time period of 35 years. Read more
Ujjivan Small Finance Bank makes a sparkling debut Ujjivan Small Finance Bank makes a sparkling debut DSIJ Intelligence / Thursday, December 12, 2019 0 1443 Article rating: 5.0 On Thursday, Ujjivan Small Finance Bank made a sparkling debut on both the exchanges BSE and NSE, respectively, as it got listed at 59 per cent premium to issue price delivering bumper gains to investors who got its allocations. Read more
L&T Construction bags Heavy Civil Infrastructure contract L&T Construction bags Heavy Civil Infrastructure contract DSIJ Intelligence / Thursday, December 12, 2019 0 1062 Article rating: 5.0 L&T Construction has been awarded a contract for its Heavy Civil Infrastructure business from Rail Vikas Nigam Limited (RVNL) to construct the Rishikesh - Karanprayag Tunnel 2 package works, which comprise of tunnels, bridges, and formation works in the state of Uttarakhand. Read more
Reliance Industries acquires Nowfloats Reliance Industries acquires Nowfloats DSIJ Intelligence / Thursday, December 12, 2019 0 2970 Article rating: 3.8 Reliance Strategic Business Ventures Limited (RSBVL) has acquired equity shares of NowFloats Technologies Pvt. Ltd. (Nowfloats) for a cash consideration of Rs. 141.63 crores. Read more
Avenue Therapeutics submits NDA for IV tramadol Avenue Therapeutics submits NDA for IV tramadol DSIJ Intelligence / Thursday, December 12, 2019 0 2003 Article rating: 5.0 Avenue Therapeutics announced submission of a New Drug Application (NDA) to the U.S. Food and Drug Administration (USFDA) for IV tramadol, which is indicated for the management of moderate to moderately severe pain in adults in a medically supervised health care setting. Read more
JSPL commissions 4th Coke Oven Battery JSPL commissions 4th Coke Oven Battery DSIJ Intelligence / Wednesday, December 11, 2019 0 2815 Article rating: 2.0 Jindal Steel & Power Limited (JSPL) commissioned its 4th Coke Oven Battery at its Angul plant, thus, making it self-sufficient in coke requirement. Read more
CG Power slips on SFIO news CG Power slips on SFIO news DSIJ Intelligence / Wednesday, December 11, 2019 0 1739 Article rating: 4.7 CG Power received a letter from the Serious Fraud Investigation Office (SFIO), informing it of the Central Government's order for an investigation by the SFIO into the company’s affairs and also of its fifteen related group companies. Read more
Welspun Corp gains on order Welspun Corp gains on order DSIJ Intelligence / Monday, December 9, 2019 0 1561 Article rating: 5.0 Welspun Corp announced of being awarded contracts for supply of 179 KMT of pipes for multiple projects on a global basis. Reacting to this news, the stock was up by 2.07 per cent. Read more
Dish TV India zooms by nearly 14 per cent Dish TV India zooms by nearly 14 per cent DSIJ Intelligence / Monday, December 9, 2019 0 2548 Article rating: 5.0 Dish TV had recently made an announcement about CARE Ratings, downgrading the company’s short-term bank facilities rating to ‘CARE D’ from ‘CARE A4+’. After the company mentioned that the default in debt repayment was due to temporary cash shortfall, which is because of peak payment commitments to suppliers, the stock jumped by 13.85 per cent. Read more
BASF to double capacity for polymer dispersions BASF to double capacity for polymer dispersions DSIJ Intelligence / Wednesday, November 27, 2019 0 1838 Article rating: 5.0 BASF intimated the exchanges about its intent to double the production capacity for polymer dispersions with a new production line at its site, located in Dahej in India. The company aims to provide a reliable supply of high-quality dispersion solutions to customers in the current fast-growing Indian and South Asian markets through this investment. Read more
Ashok Leyland receives an order for 1,750 buses Ashok Leyland receives an order for 1,750 buses DSIJ Intelligence / Wednesday, November 27, 2019 0 2391 Article rating: 5.0 Ashok Leyland received an order for 1,750 buses from Tamil Nadu State Transport Undertakings (TN STU) for 1,750. Read more
Indoco Remedies jumps by 10 per cent Indoco Remedies jumps by 10 per cent DSIJ Intelligence / Tuesday, November 26, 2019 0 1286 Article rating: 5.0 Indoco Remedies received the Establishment Inspection Report (EIR), with no observations for its Clinical Research Organisation, AnaCipher, which is located in Hyderabad. Reacting to this news, the stock of the company jumped by 10 per cent Read more
JMC Projects bags order worth Rs. 615 crores JMC Projects bags order worth Rs. 615 crores DSIJ Intelligence / Monday, November 25, 2019 0 2451 Article rating: 4.4 JMC Projects (India) Limited secured new orders of around Rs. 615 crores. The orders for institutional and commercial building projects in east and south India. Read more
Unichem climbs up by 5 per cent on ANDA approval Unichem climbs up by 5 per cent on ANDA approval DSIJ Intelligence / Monday, November 25, 2019 0 1118 Article rating: 4.0 Unichem Laboratories received a receipt of ANDA approval from the United States Food and Drug Administration (USFDA) for Unichem's Atenolol Tablets USP, 25 mg, 50 mg, and 100 mg. Reacting to the news, the stock climbed by 5.21 per cent. Read more
Stock of MEP Infra trades in green after receiving LOA Stock of MEP Infra trades in green after receiving LOA DSIJ Intelligence / Monday, November 25, 2019 0 2960 Article rating: 2.7 MEP Infrastructure Developers has received the Letter of Award (LOA) from the National Highways Authority of India (NHAI), New Delhi. Read more
Indoco Remedies receives EIR for Goa facilities Indoco Remedies receives EIR for Goa facilities DSIJ Intelligence / Monday, November 25, 2019 0 1897 Article rating: 1.0 Indoco Remedies has announced that it has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (USFDA) for its sterile facility (Plant II) and solid dosages facility (Plant III), located at Verna, Goa. Read more
Zydus Cadila receives USFDA approval for two products Zydus Cadila receives USFDA approval for two products DSIJ Intelligence / Friday, November 22, 2019 0 2520 Article rating: 3.0 Zydus Cadila has received final approval from THE USFDA to markets lsosorbide Dinitrate Tablets USP (US RLD - Isordil Tablet), in the strengths of 5 mg, 10 mg, 20 mg, 30 mg, and 40 mg, and also for Desonide Cream (US RLD - Desonide Cream), 0.05%. Read more
Lupin launches connected Smart Device-Adhero in India Lupin launches connected Smart Device-Adhero in India DSIJ Intelligence / Friday, November 22, 2019 0 3111 Article rating: 3.0 Lupin has launched 'Adhero', which is the first-of-its-kind, connected smart device in India to track usage pattern of metered dose inhaler (MDI) by patients. The pharma major also announced the rollout of Hydrocortisone Valerate Cream USP, 0.2%, which is for the relief of inflammatory and pruritic manifestations of corticosteroid responsive dermatoses in adult patients. Read more
Dr. Reddy's Laboratories announces the launch of Doxercalciferol Injection Dr. Reddy's Laboratories announces the launch of Doxercalciferol Injection DSIJ Intelligence / Friday, November 22, 2019 0 2233 Article rating: 3.5 Dr. Reddy's has launched Doxercalciferol Injection, 4 mcg/2 ml (2 mcg/ml) multiple-dose vials, a therapeutic generic equivalent of Hectorol (doxercalciferol) Injection 4 mcg/2 ml (2 mcg/ml) multiple-dose vials, which has been approved by the U.S. Food and Drug Administration (USFDA). Read more
Stocks increase as Cabinet eases ToT framework Stocks increase as Cabinet eases ToT framework DSIJ Intelligence / Thursday, November 21, 2019 0 1740 Article rating: 5.0 The Cabinet approved key changes to the Toll Operate and Transfer (TOT) framework, in order to make monetization of road assets more investor friendly. Read more
OnMobile to collaborate with Gionee OnMobile to collaborate with Gionee DSIJ Intelligence / Thursday, November 21, 2019 0 1021 Article rating: 5.0 OnMobile has made an announcement about entering a partnership agreement with Gionee, owned by the Jaina Group. This partnership is aimed at launching a contest platform in a bid to to provide an intuitive and rewarding experience for the users of Gionee. Read more
IDBI Bank divests stake in asset management arm IDBI Bank divests stake in asset management arm DSIJ Intelligence / Tuesday, November 19, 2019 0 2663 Article rating: 3.0 IDBI Bank informed the exchanges on Tuesday about the divestment in its asset management arm, namely, IDBI Bank Asset Management Ltd. (IAML) and IDBI MF Trustee Company Ltd. (IMTL). Reacting to the news, the stock of the company rose by 3.04 per cent. Read more
Dilip Buildcon reports an increase of 3 per cent post order Dilip Buildcon reports an increase of 3 per cent post order DSIJ Intelligence / Tuesday, November 19, 2019 0 1487 Article rating: 5.0 Dilip Buildcon informed the exchanges about receiving an order of Rs. 2,122.74 crores from Northem Coalfields Limited (NCL), which is a subsidiary of Coal India Limited. Reacting to the news, the stock of the company increased by 3 per cent during Tuesday trading session. Read more
Capacit'e Infraprojects reports PAT growth of 72.8 per cent for Q2FY20 Capacit'e Infraprojects reports PAT growth of 72.8 per cent for Q2FY20 DSIJ Intelligence / Friday, November 15, 2019 0 2243 Article rating: 3.0 Capacit'e Infraprojects announced its financial results for the quarter and the half-year ended September 2019. The company gained a net profit of Rs. 39.8 crores in Q2FY20, which is an increase of 72.8 per cent from the net profit of Rs. 23 crores, gained in Q2FY19. Read more
Insecticides India reports a PAT growth of 13.6 per cent Y-o-Y Insecticides India reports a PAT growth of 13.6 per cent Y-o-Y DSIJ Intelligence / Thursday, November 14, 2019 0 2404 Article rating: 2.3 Insecticides India announced its financial results for the quarter and half year ended September 2019. The company’s revenue from operations increased by 9.8 per cent Y-o-Y to Rs. 503 crores in Q2FY20. Read more
Quarterly results to watch out on November 14 Quarterly results to watch out on November 14 DSIJ Intelligence / Wednesday, November 13, 2019 0 2075 Article rating: 3.0 The following stocks will be in focus during Thursday’s trading session in light of their results announcements: Action Construction Equipment, Balkrishna Industries, Apollo Hospital Enterprises, Bharti Airtel and CESC. Read more
Market wrap Market wrap DSIJ Intelligence / Monday, November 11, 2019 0 748 Article rating: 2.7 The Sensex and the Nifty closed today's session at 40345.08 and 11912.95 levels, closing flat or adding 0.05% each, over their previous closing. Read more
Glenmark Pharma Inc. gets final approval from the USFDA Glenmark Pharma Inc. gets final approval from the USFDA DSIJ Intelligence / Monday, November 11, 2019 0 2386 Article rating: 4.5 The United States Food & Drug Administration (USFDA) has given its final approval to Glenmark Pharmaceuticals Inc., USA (Glenmark), for Adapalene and Benzoyl Peroxide Gel, 0.1%|2.5%. Read more
JLR October retail sales pulls Tata Motors up by nearly 2 per cent JLR October retail sales pulls Tata Motors up by nearly 2 per cent DSIJ Intelligence / Monday, November 11, 2019 0 3061 Article rating: 5.0 Jaguar Land Rover (JLR) reported a 5.5 per cent YoY fall in its retail sales for October. On the contrary, the company reported a sales recovery in China, up by 16.2 per cent YoY, which was reflected an upward stock movement of Tata Motors. Read more
L&T Construction receives various orders L&T Construction receives various orders DSIJ Intelligence / Monday, November 11, 2019 0 2908 Article rating: 3.2 Larsen & Toubro (L&T) Construction has been awarded various contracts from many prestigious clients spread across the country. Read more
Quarterly results to watch out on November 12 Quarterly results to watch out on November 12 DSIJ Intelligence / Monday, November 11, 2019 0 1325 Article rating: 3.7 The following companies will be in focus on announcement of their Q2FY20 on Tuesday: Aditya Birla Fashion, Aurobindo Pharma, Cochin Shipyard, Godrej Industries and Natco Pharma. Read more
Gujarat Alkalies to expand its existing Caustic Soda Plant Gujarat Alkalies to expand its existing Caustic Soda Plant DSIJ Intelligence / Monday, November 11, 2019 0 4620 Article rating: 4.0 At a meeting, the Board of Directors of Gujarat Alkalies and Chemicals approved the expansion of its existing Caustic Soda plant from 785 MTPD to 1310 MTPD. This plant is located at located at Dahej Complex. Read more
MRF to raise funds MRF to raise funds DSIJ Intelligence / Monday, November 11, 2019 0 3987 Article rating: 4.3 The Board Directors of MRF Limited approved to raise funds by issuing Non-convertible Debentures on private placement basis, aggregating to approximately Rs. 102 crores in one or more tranches. Read more
Quarterly results to watch out on November 11 Quarterly results to watch out on November 11 DSIJ Intelligence / Saturday, November 9, 2019 0 2070 Article rating: 3.5 The following stocks will be in focus during Monday’s trading session in light of their results announcements: JK Cement, NTPC, Oil India, Meghmani Organics and Amara Raja Batteries. Read more
Trigyn Technologies surges after UN extends its contract Trigyn Technologies surges after UN extends its contract DSIJ Intelligence / Friday, November 8, 2019 0 2258 Article rating: 3.0 United Nations has extended the contract with Trigyn Technologies Inc. for the provision of IT Staffing service for Office of Information and Communications Technology (OICT). Reacting to this, the stock of Trigyn Technologies Limited was trading up by 9.04 per cent. Read more
Quarterly results to watch out on November 8 Quarterly results to watch out on November 8 DSIJ Intelligence / Thursday, November 7, 2019 0 1110 Article rating: 2.6 The following stocks will be in focus during Friday’s trading session in light of their results announcements: Ashok Leyland, Bank of Baroda, Eicher Motors, GAIL and Nestle India. Read more
Quarterly results to watch out on November 5 Quarterly results to watch out on November 5 DSIJ Intelligence / Tuesday, November 5, 2019 0 2475 Article rating: 3.0 The following stocks will be in focus during Tuesday’s trading session in light of their results announcements: Dabur, NCC, Titan, Ajanta Pharma and Divi’s Labs. Read more
USFDA concludes inspection at Hikals Bangalore facility USFDA concludes inspection at Hikals Bangalore facility DSIJ Intelligence / Monday, November 4, 2019 0 2204 Article rating: 5.0 Hikal Limited announced having received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (USFDA) for its Active Pharmaceutical Ingredient (API) unit located in Bangalore. Read more
BHEL receives Rs. 200 crore order BHEL receives Rs. 200 crore order DSIJ Intelligence / Monday, November 4, 2019 0 2462 Article rating: 5.0 Bharat Heavy Electricals Ltd (BHEL) won an order for renovation, modernisation and uprating (RM&U) of the Chilla Hydro Electric Plant (HEP) from Uttarakhand Jal Vidyut Nigam Ltd (UJVNL). The project is valued at over Rs. 200 crore. Read more
Strides Pharma jumps post receiving USFDA nod for Ranitidine Strides Pharma jumps post receiving USFDA nod for Ranitidine DSIJ Intelligence / Monday, November 4, 2019 0 2728 Article rating: 2.3 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. Read more
Inox Wind gains on order Inox Wind gains on order DSIJ Intelligence / Monday, November 4, 2019 0 2840 Article rating: 3.7 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. Read more
Overnight Digest: Stocks to look out on November 4 Overnight Digest: Stocks to look out on November 4 DSIJ Intelligence / Saturday, November 2, 2019 0 3036 Article rating: 3.3 The stocks to watch out on November 4 include Kansai Nerolac, NCC, Tata Power, IndiGo, and Tata Motors. Read more
Quarterly results to watch out on November 4 Quarterly results to watch out on November 4 DSIJ Intelligence / Saturday, November 2, 2019 0 2034 Article rating: 3.9 The following stocks will be in focus during Monday’s trading session in light of their results announcements: Escorts, Unichem Laboratories, Advanced Enzyme Technologies, Relaxo Footwears and BEML. Read more
Promoters sell 4 per cent stake in Jyothy Labs Promoters sell 4 per cent stake in Jyothy Labs DSIJ Intelligence / Friday, November 1, 2019 0 1658 Article rating: 4.8 Promoters of Jyothy Labs sold 4 per cent of the company's shares worth Rs. 260 crore in a block deal. Promoters had invested in the company during Henkel's acquisition. Read more
Cadila clears USFDA inspection Cadila clears USFDA inspection DSIJ Intelligence / Friday, November 1, 2019 0 1181 Article rating: 5.0 Cadila Healthcare’s manufacturing facility located in Baddi, has received the Establishment Inspection Report (EIR) from United States Food and Drug Administration (USFDA), stating that the classification of the facility is in ‘No Action Indicated (NAI)'. The USFDA had conducted inspection at the company’s formulations manufacturing facility at Baddi in Himachal Pradesh from July 15-19, 2019. Read more
United Bank hits upper circuit after announcing Q2 results United Bank hits upper circuit after announcing Q2 results DSIJ Intelligence / Wednesday, October 30, 2019 0 2470 Article rating: 4.3 The stock of United Bank of India hit its upper circuit of 20 per cent before closing for trading at Rs. 8.9 per share on Wednesday. The surge in the stock price was due to improved financial results announced by the bank for Q2FY20. Read more
Exide Industries down by 2 per cent despite launch of e-rickshaw Exide Industries down by 2 per cent despite launch of e-rickshaw DSIJ Intelligence / Wednesday, October 16, 2019 0 6625 Article rating: 3.8 Exide Industries is set to launch Exide Neo, thus marking its entry into the e-rickshaw market in India. Read more
Inox Wind stock surges post deal with Adani Green Energy Inox Wind stock surges post deal with Adani Green Energy DSIJ Intelligence / Wednesday, October 16, 2019 0 2042 Article rating: 4.2 Inox Wind has signed an additional deal with Adani Green Energy for SECI 50 MW capacity. Reacting to the news, the stock of the company was trading up by 16.59 per cent in the early trading session on Wednesday. Read more
ONGC reports of oil discoveries at exploration blocks located in Colombia and Brazil ONGC reports of oil discoveries at exploration blocks located in Colombia and Brazil DSIJ Intelligence / Wednesday, October 16, 2019 0 3845 Article rating: 3.5 ONGC Videsh which is wholly owned subsidiary of Oil and Natural Gas Corporation Limited (ONGC) has reported of oil discoveries in its onshore exploration block CPO-5 in Colombia located in the Llanos basin and major gas in the deep offshore exploration block BM-SEAL4 in Brazil located in the Sergipe Alagoas Basin. Read more
Sun Pharma launched Drizalma Sprinkle for treatment of various disorders Sun Pharma launched Drizalma Sprinkle for treatment of various disorders DSIJ Intelligence / Wednesday, October 16, 2019 0 2671 Article rating: 5.0 A subsidiary of Sun Pharma launched Drizalma Sprinkle in the United States. It is the first and only USFDA approved sprinkle formulation of Drizalma Sprinkle which is delayed-release duloxetine capsules used in treatment of patients suffering from neuro-psychiatric and/or pain disorder accompanied with difficulty swallowing. Read more
Arvind Homes, HDFC Capital Advisors sign platform funding agreement Arvind Homes, HDFC Capital Advisors sign platform funding agreement DSIJ Intelligence / Friday, October 11, 2019 0 2153 Article rating: 4.5 Arvind Homes, which is a wholly owned subsidiary of Arvind SmartSpaces, has entered into a Platform Funding agreement of Rs. 250 crore with HDFC Capital Advisors Private Limited. Read more
ARSS Infrastructure bags orders worth Rs. 220.65 crore ARSS Infrastructure bags orders worth Rs. 220.65 crore DSIJ Intelligence / Friday, October 11, 2019 0 1397 Article rating: 2.6 ARSS Infrastructure bags orders worth Rs. 220.65 crore Read more
Just Dial clarifies on security flaw Just Dial clarifies on security flaw DSIJ Intelligence / Thursday, October 10, 2019 0 2030 Article rating: 4.5 On Thursday, Just Dial clarified about the flaws in its security systems allowing accounts of users to be easily hacked. Post this news, the stock of the company was down by 3.11 per cent. Read more
Overnight Digest: Stocks to lookout on October 11 Overnight Digest: Stocks to lookout on October 11 DSIJ Intelligence / Thursday, October 10, 2019 0 1461 Article rating: 5.0 The stocks to watch out for October 11 include Godrej Agrovet, NHPC, Talwalkars Better Value Fitness, Biocon and TCS. Read more
Overnight Digest: Stocks to look out on October 4 Overnight Digest: Stocks to look out on October 4 DSIJ Intelligence / Thursday, October 3, 2019 0 1628 Article rating: 5.0 The stocks to watch out for October 4 include Maruti Suzuki, Rossell India, Hindalco, Himatsingka Seide and Thomas Cook. Read more
Reliance Capital stock hits 20-year low Reliance Capital stock hits 20-year low DSIJ Intelligence / Monday, September 30, 2019 0 3353 Article rating: 3.7 Reliance Capital is set to exit from two of its credit verticals which include Reliance Commercial Finance and Reliance Home Finance. Reacting to this news, the stock of the company declined by 13.6 per cent to hit Rs. 24.20, its lowest since March 1999. Read more
Signet Industries receives orders worth Rs. 73 crore Signet Industries receives orders worth Rs. 73 crore DSIJ Intelligence / Monday, September 30, 2019 0 1280 Article rating: 5.0 On Monday, Signet Industries informed the exchanges of receiving orders of approximately Rs. 73 crore from L&T Limited and Shapoorji & Pallonji co. Pvt. Ltd. Despite this news, the stock of the company fell by 4.8 per cent on Monday. Read more
Overnight Digest: Stocks to look out on October 1 Overnight Digest: Stocks to look out on October 1 DSIJ Intelligence / Monday, September 30, 2019 0 1627 Article rating: 5.0 The stocks to watch out on October 1 include Lupin, ICICI Prudential Life Insurance, Kalpataru Power, Kamdhenu and IHFL. Read more
Overnight Digest: Stocks to watch out on September 30 Overnight Digest: Stocks to watch out on September 30 DSIJ Intelligence / Saturday, September 28, 2019 0 1198 Article rating: 4.3 The stocks to look out on September 30 include Tata Power, Punjab & Sind Bank, IDBI Bank, GOCL and Mahindra & Mahindra. Read more
L&T Finance to raise funds worth Rs. 150 crore L&T Finance to raise funds worth Rs. 150 crore DSIJ Intelligence / Saturday, September 28, 2019 0 999 Article rating: 5.0 L&T Finance Holdings is set to raise funds approximately of Rs. 150 crore through Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS). Read more
Auto stocks not out of the woods yet Auto stocks not out of the woods yet DSIJ Intelligence / Friday, September 27, 2019 0 957 Article rating: 3.5 The recent announcements on corporate tax rate cut and GST cuts were not effective enough to boost the auto stocks. In fact, the auto stocks continue to decline as, currently, there isn’t any major initiative announced by the government, particularly for the auto sector. Read more
Pharma stocks tumble amid drug quality concerns Pharma stocks tumble amid drug quality concerns DSIJ Intelligence / Friday, September 27, 2019 0 2131 Article rating: 3.3 As the market reversed its trend to downside, pharma and auto stocks led the losses in Friday’s trading session. While auto stocks fell amid concerns about sales growth, the pharma stocks had to face the brunt of drug quality, triggered by suspension of ranitidine hydrochloric drug. Read more
Thomas Cook India declined slightly on collapse of Group Plc Thomas Cook India declined slightly on collapse of Group Plc DSIJ Intelligence / Friday, September 27, 2019 0 1943 Article rating: 5.0 As Thomas Cook Plc. collapsed with a debt pile, Thomas Cook India has been looked at with doubtful eyes for the last few days. The shares of the company continued to trade in red. Read more
GSK suspends ranitidine hydrochloride products GSK suspends ranitidine hydrochloride products DSIJ Intelligence / Thursday, September 26, 2019 0 2107 Article rating: 5.0 GSK suspended the release, distribution and supply of all dose forms of ranitidine hydrochloride products in all markets including India after regulatory authorities detected presence of genotoxic nitrosamine NOMA in the products. Read more
Overnight Digest: Stocks to lookout on September 26 Overnight Digest: Stocks to lookout on September 26 DSIJ Intelligence / Wednesday, September 25, 2019 0 1149 Article rating: 3.3 The stocks to watch out on September 26 include Adani Enterprises, Subex, T. T., Infosys, Sterlite Technologies and Astrazeneca Pharma. Read more
Overnight Digest: Stocks to look out on September 25 Overnight Digest: Stocks to look out on September 25 DSIJ Intelligence / Tuesday, September 24, 2019 0 2359 Article rating: 3.4 The stocks to watch out on September 25 include Pennar Industries, Adani Enterprises, RPP Infra, InfoBeam Technologies and Centum Electronics. Read more
Overnight Digest: Stocks to look out on September 24 Overnight Digest: Stocks to look out on September 24 DSIJ Intelligence / Monday, September 23, 2019 0 1890 Article rating: 3.8 The stocks to watch out on September 24 include BHEL, Alembic Pharma, K.P.R. Mill, Punjab & Sind Bank and Tata Motors. Read more
Overnight Digest: Stocks to look out on September 23 Overnight Digest: Stocks to look out on September 23 DSIJ Intelligence / Saturday, September 21, 2019 0 2743 Article rating: 3.3 The stocks to watch out on September 23 include Future Supply Chain Solutions, Unichem, Lupin, HUL and RBL Bank. Read more
Nifty Bank clocks highest single-day gain ever Nifty Bank clocks highest single-day gain ever DSIJ Intelligence / Friday, September 20, 2019 0 1855 Article rating: 5.0 Nifty Bank index, on Friday recorded its biggest single-day gain ever as it surged by 8.31 per cent or 2223.9 points to a level of 28,981. Read more
Overnight Digest: Stocks to look out on September 20 Overnight Digest: Stocks to look out on September 20 DSIJ Intelligence / Thursday, September 19, 2019 0 498 Article rating: 5.0 The stocks to watch out on September 20 include Nelco, Bharat Forge, Indian Energy Exchange, YES Bank and Zee Entertainment. Read more
Overnight Digest: Stocks to look out on September 19 Overnight Digest: Stocks to look out on September 19 DSIJ Intelligence / Wednesday, September 18, 2019 0 1008 Article rating: 2.3 The stocks to watch out on September 19 include ITC, Godfrey Phillips, Rites, Endurance Technologies, MindTree and Britannia. Read more
Overnight Digest: Stocks to look out on September 18 Overnight Digest: Stocks to look out on September 18 DSIJ Intelligence / Tuesday, September 17, 2019 0 2379 Article rating: 3.1 The stocks to watch out for September 18 include SMS Lifesciences India, Gujarat Alkalies, Bharti Airtel, Glenmark and Ahluwalia Contracts. Read more