Page 1776 - Business Finance
India debt, forex markets closed on Wednesday
MUMBAI (Reuters) - India's foreign exchange and debt markets are closed on Wednesday for a holiday but equity markets will remain open.
Stocks may see soft start
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 10 points at the opening bell.
Dr. Reddy's Labs will be watched after favorable US court ruling
Dr. Reddy's Laboratories announced favorable outcome in Buprenorphine and Naloxone Sublingual Film patent litigation. The United States Court of Appeals for the Federal Circuit issued a decision in favor of Dr. Reddy's Laboratories Inc., concluding that lndivior had not shown that it is likely to succeed on the merits of its infringement case on US Patent No. 9,931,305. This decision vacates the District Court's preliminary injunction that had prohibited Dr. Reddy's from selling its generic version of Suboxone (buprenorphine and naloxone) sublingual film. As a result of the ruling, Dr. Reddy's will resume its launch activities as soon as permitted. The announcement was made after market hours yesterday, 20 November 2018.
Maestros Electronics & Telecommun. Systems reports standalone net profit of Rs 0.27 crore in the September 2018 quarter
Sales rise 15.13% to Rs 2.74 crore
Religare Enterprises reports standalone net loss of Rs 12.84 crore in the September 2018 quarter
Sales decline 82.65% to Rs 1.31 crore
Acme Resources reports standalone net loss of Rs 0.62 crore in the September 2018 quarter
Sales decline 55.48% to Rs 1.38 crore
COSYN standalone net profit declines 53.09% in the September 2018 quarter
Sales rise 12.72% to Rs 11.34 crore
UFM Industries reports standalone net loss of Rs 0.09 crore in the September 2018 quarter
Sales rise 14.22% to Rs 19.12 crore
Veronica Production reports standalone net loss of Rs 0.02 crore in the September 2018 quarter
Reported sales nil
Rose Merc. reports standalone net loss of Rs 0.03 crore in the September 2018 quarter
Reported sales nil
Kretto Syscon reports standalone net profit of Rs 0.01 crore in the September 2018 quarter
Reported sales nil
Oswal Overseas reports standalone net loss of Rs 2.98 crore in the September 2018 quarter
Sales rise 583.53% to Rs 17.43 crore
Omkar Speciality Chemicals reports standalone net loss of Rs 7.07 crore in the September 2018 quarter
Sales decline 80.70% to Rs 10.02 crore
Kusam Electrical Industries standalone net profit rises 50.00% in the September 2018 quarter
Sales rise 47.22% to Rs 1.06 crore
Spring Fields Infraventures reports standalone net loss of Rs 0.14 crore in the September 2018 quarter
Sales rise 1140.00% to Rs 0.62 crore
KLK Electrical reports standalone net loss of Rs 0.02 crore in the September 2018 quarter
Reported sales nil
Swagruha Infrastructure reports standalone net loss of Rs 0.01 crore in the September 2018 quarter
Sales rise 14.29% to Rs 0.08 crore
Tavernier Resources standalone net profit declines 38.46% in the September 2018 quarter
Reported sales nil
J R Foods reports standalone net loss of Rs 2.71 crore in the September 2018 quarter
Sales decline 43.95% to Rs 27.97 crore
Kay Power & Paper standalone net profit rises 120.00% in the September 2018 quarter
Sales rise 15.02% to Rs 10.34 crore