The stock was trading 2% higher at Rs 302, extending its past two days 10% surge on the BSE in otherwise weak market.
The stock was 7% to Rs 488 on the BSE after the company received EIR from the USFDA for its formulation manufacturing facility in Telangana following the audit in November last year.
Stock calls and outlook on Nifty by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking.
Nifty outlook and few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:
10000 & 10500 levels is strong support & resistance levels respectively based on option open interest data, says Shah
The IPO success was possibly inspired by the fact that small finance banks will deepen their regional presence, venturing where their larger equivalents have never been
Though bean supplies are tight, demand for meal is also weak, which would weigh on sentiment
Teamlease Services, is attracting a lot of investor interest after it received the Reserve Bank of India's nod to increase foreign holding from 25 per cent to 75
Some companies are launching their IPOs this month ahead of the introduction of a new a tax on capital gains
Global equity markets are supported by a global synchronised economic upturn against a backdrop of ample liquidity, said Lambregts
Crude oil prices are expected to stay high through 2018 while food prices will be dependent on the monsoon
ITC is looking to replicate its success in the branded wheat segment, where it leads with a 28 per cent market share, by launching new products/foraying into new segments
The administrator's order was not submitted to Sahara Life Insurance, which according to SAT, was breach of justice
Markets are currently reeling under global trade worries and domestic political concerns
This follows an outflow of over Rs 110 billion from the equities and more than Rs 250 billion from the debt markets last month
Over the last week, the BSE benchmark Sensex fell by 131.14 points to end at 33,176
Tata Motors fell 3.7%, the most among Sensex components, followed by Asian Paints which fell 3.1%
Foreign portfolio investors own around 4.5 per cent of the total outstanding debt
Earnings prospects remain firm, given operational turnaround and start of new capacities
Yields on the benchmark 10-year debt climbed to a two-year high of 7.82% last month