The stock is locked in upper circuit of 20% at Rs 522 after the company received approval from the USFDA for its ANDA Bupropion hydrochloride tablets USP, 75 mg and 100 mg.
At 11:51 am; Nifty Consumption index was up 0.77% at 5,106.85, less than 1% away from its all-time high of 5,154 recorded on January 9, 2018 in intra-day trade.
The stock hit a new high of Rs 1,620, rallying 19% from its recent low of Rs 1,359 on May 23.
At 11:01 am; Nifty PSU Bank index, the largest gainer among sectoral indices, was up 1.7%, rallied 6.5% in past four trading sessions, as compared to 2% rise in Nifty 50
If found guilty of violating fair disclosure norms, Sebi can impose a penalty but cannot ask Chanda Kochhar to resign, according to the report
Bank, metal and oil and gas shares weak
The S&P 500 futures were down 0.3 percent, while the New Zealand stocks were off 0.3 percent. Australian markets were closed for a holiday
The consumption of agrochemicals in the domestic market remained subdued during the fourth quarter of 2017-18
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
Short-term outlook for the market remains positive till Nifty trades above 10,417 levels
Shares of Avenue Supermarts get a lot of market attention as they have soared more than five times over their IPO price
In the case of foreign investors, Rs 25.7 billion is riding on HEG, Rain Industries and Soril Holdings
The free fall (maybe on an after-thought one should call it a 'correction' in long-term investing interests) emphasises that most of us know when to buy; few know when to sell
There appears to have been less selling pressure from domestic investors in equity mutual funds, he said
If things go as per plan, expect these sector leaders to post robust growth in revenues, margins and net profit in the current fiscal
The funds were mobilised for business expansion, refinancing of debt, working capital requirements and other general corporate purposes
The valuation of Infosys jumped Rs 8,627.3 crore to Rs 2,75,145.41 crore, and that of Tata Consultancy Services (TCS) surge
Experts said that the near-term market trend will be dictated by domestic macro data like IIP, CPI and WPI, movement of crude oil prices and currency (INR vs USD) and progress of monsoon.
Last month, the NSE had approached the high court, seeking an injunction against SGX
Company dematted shares in excess of paid-up capital and introduced them into the market