The lender’s Chairman and Managing Director (CMD) Ravindra Marathe along with five others have been arrested for extending fraudulent loans to Pune-based DSK Group, police said.
94 stocks hit a new 52-week low. These include Ambuja Cements, Bank of Baroda, HAL, Can Fin Homes, HCC, India Cements, NBCC, Jain Irrigation Systems, Shree Cement, Tata Power and UPL among others.
Under the settlement agreement, company expects to launch its generic tadalafil product in the United States on or not before March 26, 2019 under certain circumstances.
The breadth of the market favoured advances, with 922 stocks advancing, 722 declining and 402 remaining unchanged. On BSE, 1256 stocks advanced, 1099 declined and 119 remained unchanged.
The significant growth and margin improvement at SMP will be key driver, says IIFL.
BHEL might witness modest growth & profitability recovery, the global research house said, adding its executable order book has improved.
RAK Paints is one of the established paint companies in Bangladesh having a diverse product range encompassing decorative paints and industrial paints.
The company board approved the buyback of 55.55 lakh shares of the company at a price of Rs 450 per share for an aggregate amount not exceeding Rs 250 crore.
The pace of air traffic growth was lower and it’s too early to conclude that demand is slowing down.
The breadth of the market favoured advances, with 918 stocks advancing, 626 declining and 493 remaining unchanged. On BSE, 995 stocks advanced, 706 declined and 80 remained unchanged.
The company, in a filing to the exchanges, said that a Board meeting is scheduled for Friday, June 22, 2018.
Efavirenz tablets is AB-rated generic therapeutic equivalent version of Bristol-Myers Squibb Pharma Company’s, Sustiva.
The stock offers good entry point after correction and underlying NPA formation is declining, it said.
Zydus Cadila said it has received the tentative approval from the USFDA to market Tadalafil tablets which are available in strengths of USP, 2.5 mg, 5 mg, 10 mg and 20 mg.
85 stocks hit a new 52-week low. These include Can Fin Homes, CG Power, HCC, Bharti Infratel, INOX Wind, MRPL, NHPC, Tata Power and Vedanta among others.
The company board at its meeting held on June 18 has approved the issue of bonus shares in the ratio of 3:1 subject to approval of shareholders' and other authorities.
Cords Cable Industries said the supply of cables would be completed before February, 2019.
The company has entered into a negotiated settlement with State Bank of India (SBI), the lead lender in regard to financial assistance provided to the company by it.
The US Food & Drug Administration (USFDA) provided its first supplemental abbreviated new drug application (sANDA) approval for the company’s manufacturing facility in Monroe, North Carolina.
Kochhar has decided to go on leave till the completion of the enquiry against her in the Videocon loan matter as announced on May 30, 2018.
The company received letter of intent/work orders worth Rs 500 crore.
The breadth of the market favoured declines, with 536 stocks advancing, 1003 declining and 503 remaining unchanged. On BSE, 680 stocks advanced, 1057 declined and 76 remained unchanged.
Citi has maintained buy rating on the stock with a price target of Rs 430.
Ketoconazole tablets is a generic version of Nizoral tablets, 200 mg, of Janssen Pharmaceuticals, Inc.
At the maximum buyback price and size, the indicative maximum number of equity shares bought back would be 55,55,555 equity shares (comprising 3.42 percent of the existing paid up equity share capital).