At 02:17 pm, Dr Reddy's Labs market cap stood at Rs 90,348 crore while that of Divi's Laboratories stood at Rs 89,119 crore, BSE data show
In the past three months, the stock has zoomed 104 per cent, against 14 per cent rise in the S&P BSE Sensex
At 12:26 pm, the Nifty Realty index was up 2.9 per cent as compared to a 0.38 per cent rise in the Nifty 50 index.
Out of these 344 stocks, 211 stocks are trading with a positive crossover. This scenario indicates that over 50 per cent stocks are signalling positive bias.
Analysts expect a gradual revival by the end of FY21, led by a low base, replacement demand and pick-up in economic activity
The company expects some pressure on the oil-related application during FY21, but demand for pharma, water treatment and others is expected to continue growing
The management remains optimistic for the coming festive months
According to media reports, Epsilon Bidco Pte. Ltd, a Blackstone entity which owns 75 per cent of Essel Propack, was looking to sell up to 23 per cent stake, to garner as much as $251 million
Lupin, Stride Pharma, Neuland Labs, Lincoln Pharma, and Hikal hit their respective 52-week highs on the BSE
Here's a list of stocks that may trade actively in today's session.
Until now, investors who gave a cheque for below Rs 200,000 got the same day's NAV, while those putting more got the NAV of the day when the cheque was realised
The changes in the index constituents of FTSE will be effective from today, which are set to trigger movements in individual stocks
Sebi asked mutual fund houses to put in place a policy specifying role of several teams engaged in fund management and back office with regard to execution of order and allocation of trade
While there are multiple triggers, the recent stock surge caps near term gains
In addition, there's also growing stress in the bank's SME (small and medium enterprise) loans, a segment which was fast growing until FY20
This was the best day-one performance for an IPO since IRCTC in October last year, when the shares of the state-owned company gained 127 per cent
On September 11, the capital markets regulator issued a circular directing multi-cap schemes to deploy at least 25% each in large-, mid-, and small-caps
Reliance Industries' m-cap now 50% higher than the combined m-cap of all small-caps
Alex Tedder is CIO, Head of Global & Thematic Equities at Schroders Investment Management
A tax overhang and ESG concerns over cigarettes have been among key factors hurting investor sentiment