Till 11:11 am; a combined 27.24 million equity shares representing 2.75 per cent of total equity of the company have changed hands on the NSE (26.35 million shares) and BSE (0.89 million shares).
The uptick in Zydus Life share price came after the company announced that it has received final approval from the USFDA to manufacture Dasatinib tabs, 20 mg, 50 mg, 70 mg, 80 mg, 100 mg, and 140 mg
The uptick in RIL's share price followed an upgrade from domestic brokerage firm Kotak Institutional Equities, which raised its rating to 'Buy' from 'Add'
Anand Rathi Wealth informed the stock exchanges that its promoters have sold 250,000 equity shares representing 0.6 per cent holding of the company via open market.
The rise in Biocon share price came after the company announced that its wholly-owned subsidiary, Biocon Pharma, has received final approvals for Lenalidomide capsules and Dasatinib tabs from USFDA
According to Ambreesh Baliga, an independent analyst, "It's essentially a pullback rally following a prolonged decline in the Indian market."
Biocon: The company's subsidiary, Biocon Pharma, has received USFDA approvals for Lenalidomide capsules and Dasatinib tablets, and tentative approval for Rivaroxaban tablets
Stock Markets Today: As of 6:31 AM, GIFT Nifty Futures were down 54 points at 22,137, hinting at a negative start.
As of 6:40 AM, GIFT Nifty Futures were up 79 points at 22,359, hinting at a higher start
The current P/E is only marginally higher than the July 2016 levels, when it stood at 20.3x
Notably, stocks like Infosys, M&M, Bharti Airtel, TCS, and HCLTech were the top contributors to the downward pressure on the indices
Despite the optimism surrounding growth, many brokerages are concerned about Jubilant FoodWorks' margin outlook
The downfall in the LIC share price came after the company announced that it has received a communication/demand order for GST, interest and penalty for Maharashtra state worth about Rs 480 crore
Stock Market Today: At 6:50 AM, GIFT Nifty Futures were down 148 points at 22,536, hinting at a gap-down start
As of 6:40 AM, GIFT Nifty Futures were down merely 5 points at 22,578, hinting at a flat start
Stock Market News: Indian equity indices, on February 25, 2025, closed on a mixed note. The Sensex broke its five-day losing streak, rising by 147.71 points, or 0.20 per cent, to settle at 74,602.12
Sharda Motor share rose after it entered into an agreement with Avadh Rail Infra Limited, to transfer the leasehold rights of "land and building" in Haridwar for Rs 23.05 crore
The fall in the LIC share price came after the company announced that it has received a communication/demand order for Goods & Service Tax, Interest and penalty for Delhi State worth about Rs 57.28 cr
Biocon share rose after Biocon Biologics, a subsidiary of Biocon, announced that Yesintek (ustekinumab-kfce) is now available to patients in US
The fall in the Niva Bupa share price came after the company said that it has received communication from an anonymous sender who claims to have the customer data of Niva Bupa