Motilal Oswal has set a price target of Rs 350 per share, implying an upside of about 42 percent from the last closing price.
'We continue to manufacture and supply approved products from the facility to the US market. We will work with the regulator to achieve fully compliant status,' the drug maker said.
Auto stocks: Auto stocks have been losing value for the fourth consecutive session as they are the main victims of sustained pressure following demand worries and broader market risks, an analyst said.
Analysts are divided on whether the rupee’s depreciation will accelerate to around six percent annually 2026 onwards or remain gradual, while some suggest the rupee may appreciate in the next year.
Rise in crude prices also led to bearish market sentiment on December 18
In the latest of his Christmas columns, the FT’s Undercover Economist fields some of your most outlandish proposals, and concludes that there is no such thing as a stupid question
Tata Motors share price: Tata Motors CV shares rose to their highest level since debut in November this year, after the demerger from its passenger vehicle business.
According to analysts, IPO allottees may consider holding the stock from a long-term perspective.
The stock rose over 4 percent in early trade before paring gains amid profit booking.
Defence stocks: The long-term story of defence stocks remains intact, and the current phase looks like a short-term correction, an analyst said.
SEBI's Ruchi Chojer said the regulator has been engaging with wealth managers and industry participants who have flagged concerns around the accreditation process, including the availability of accredited investors and issues related to disclosure requirements
ICICI Securities said TCS' AI engagements are gaining scale, growing 38.2% YoY in constant currency terms and next-generation services revenue growing at 6%-9%
The approval is in addition to the authorisation for Online Payment Aggregation already granted by the central bank to PPSL last month.
The IFSC regulator believes a clear outbound investment tax regime is critical for GIFT City to attract a larger pool of global funds.
The market capitalisation of Meesho briefly hit the Rs 1 lakh crore mark during the session.
The electric two-wheeler manufacturer's chief executive officer Bhavish Aggarwal sold another 4.2 million shares worth Rs 142 crore on December 17
IndiGo share price: The CEO's message comes after the airline faced crisis earlier this month, leading to massive cancellations and chaos.
KSH International IPO GMP: The allotments will likely be finalized by December 19, and the shares are scheduled to be listed on stock exchanges BSE and NSE on December 23.
Two contracts, individually valued at Rs 684 crore and Rs 646 crore, will provide stable long-term revenue visibility for the company over seven-year tenure
Hero MotoCorp share price: The shares of the bike-maker fell to Rs 5,513 apiece in the morning trading hours of Thursday, the lowest level seen by the stock in nearly five weeks.
Stock market today: Sensex, Nifty rebounded from lower levels intraday on improved investor sentiment after foreign institutional investors turned buyers.
MCX stock split: MCX has fixed January 2 as the record date for its first-ever stock split.
HRS Aluglaze IPO GMP: Ahead of their market debut, the unlisted shares of the company were trading with nearly 23% GMP over the IPO price.
SEBI raised the brokerage cap for mutual funds to 6 bps from proposed 2 bps on equity trades, making compliance easier and cutting cost pressure after feedback that a sharp reduction could curb fund managers' ability to pick stocks
The fund will be used to refinance existing debt, invest in clean energy projects and for general corporate reasons, the report said citing sources