bse

Lupin gets EIR from USFDA for Nagpur facility

The United States Food and Drug Administration (USFDA) conducted the inspection between August 5-8, 2019, Lupin said in a filing to the BSE. The inspection for the oral solid facility closed without any Form 483 observation, it added. Form 483 notifies the company's management of objectionable conditions.

Indiabulls Housing shares surge 17% after the firm offers to pre-pay NCDs

In a stock exchange filing, the company said it will also evaluate further pre-mature redemption of its NCDs from time to time.

L&T to buy Old Lane's stake in subsidiary for Rs 48 cr

"At the request of Old Lane, subject to completion of certain conditions precedent, L&T has agreed to purchase its small holding in L&T IDPL as a gesture of goodwill towards a longtime investor," the filing said.

Pennar Industries bags order worth Rs 304 crore; scrip jumps 8%

Pennar Industries announced that it has bagged orders worth Rs 304 crore across its business verticals during the month of September 2019.

PVR's Q2 beats Street estimates, stock up over 1%

Consolidated revenue jumped 37.35 percent YoY to Rs 973.18 crore in Q2 FY20

Hathway Cable shares jump 5% after the firm narrows loss in Q2

The company reported a consolidated net loss of Rs 84.70 crore in the July-September quarter a year ago,

Zee Ent climbs 2% ahead of Q2 results; brokerages expect double-digit growth in profit

Kotak Institutional Equities, Sharekhan and Motilal Oswal expect second-quarter profit growth in the range of 20-30 percent compared to the year-ago.

Glenmark Pharma gets USFDA nod for prostate cancer treatment drug

"Glenmark Pharmaceuticals Inc., USA has been granted final approval by the United States Food & Drug Administration (USFDA) for Abiraterone Acetate tablets USP, 250 mg," the company said in a regulatory filing.

Indiabulls Housing shares jump 7% after CRISIL reaffirms ratings

The rating committee of CRISIL has reaffirmed the long-term rating of Indiabulls Housing Finance at “CRISIL AA+”. The short-term rating has been reaffirmed at “CRISIL A1+”.

Chetak launch: Bajaj Auto shares slip 1% as Citi maintains sell call

Citi said it does not think electric vehicles (EVs) will contribute much to Bajaj Auto's volumes or profits over the medium term and added it awaits technical details, in addition to the final price

Kwality shares locked at 5% upper circuit as NCLT defers insolvency proceeding

Global private equity player, KKR had filed insolvency plea against Kwality. In 2016, Kwality had raised Rs 300 crore from KKR India Financial Services and got an additional commitment of Rs 220 crore.

Havells India climbs 3% after CARE reaffirms ratings

CARE has reaffirmed "CARE AAA" on Havells' long-term bank facilities and "CARE A1+" on the short-term bank facilities.

BSE to suspend trading in Manpasand Beverages, Binani Industries, 14 others from November 4

BSE said that the companies have not submitted the financial results for March and June quarter and/or not paid the fine amount levied for such non-compliance.

Indian Terrain Fashions stock up 6% after a rating upgrade by ICRA

The company retails ready-made garments for men and boys such as shirts, trousers, t-shirts, jackets and sweaters under the Indian Terrain brand

NCC shares volatile after ratings revision by India Ratings

NCC, in a BSE filing, on October 10 said India Ratings and Research (Ind-Ra) has placed its long-term issuer rating of 'IND A', on rating watch negative (RWN). The outlook on the earlier rating was stable.

IndusInd Bank shares volatile after brokerages cut target price

IndusInd Bank's profit during the quarter declined to Rs 1,383.37 crore compared to Rs 1,432.5 crore reported in June quarter, on year-on-year (YoY) basis it jumped 69 percent.

TCS shares fall 4% on softer Q2 numbers

Jefferies has a buy call on the stock but the brokerage has cut the target price to Rs 2,300 from Rs 2,500 earlier, citing that the weak Q2 signals a single-digit growth in FY20.

149 complaints resolved during September 2019: BSE

The complaints received by the BSE from investors included non-receipt of money, equity shares, debt securities and corporate benefits.

BSE to conduct mock trade in various segments on September 28

The mock trading on Saturday is scheduled for commodity derivatives, equity derivatives, currency derivatives and equity segments.

BSE 500 long-term returns show it is all about bottom-up stock picking

Listed companies asked to promptly disclose material details on default, inter-creditor pacts

The direction has been issued by the two leading stock exchanges, BSE and NSE, in consultation with the capital market regulator, Sebi (Securities Exchange Board of India).

Investor wealth drops by Rs 1.84 lakh cr on heavy sell-offs in equities

On the BSE, 1,755 scrips declined, 762 advanced and 128 remained unchanged.

No near-term benefit of tax rate cut for tech firms; BSE IT falls 3%

The government has cut the effective tax rate for domestic companies to 25.6 percent from 34.9 percent earlier. Those companies which avail the lower tax rate will not be able to avail any tax exemptions.

Mechanism to prevent reversal trades not applicable to equity derivatives segment: BSE

'Reversal Trade Prevention Check (RTPC) in equity derivatives segment, it is to inform that the said Check shall not be applicable until further notice,' BSE said in a circular.

Stocks in the news: NALCO, Reliance Comm, NTCP, Laurus Labs, Tata Comm, RITES, Madhav Infra

Central Bank of India | Tata Communications | NALCO | RITES | NTPC and OBC are among stocks which are in news today.