Tata Motors share price declined 5.77% to ₹615.50 on the BSE, approaching its 52-week low of ₹606.20, recorded on March 3. The company’s market capitalisation fell to ₹2.26 lakh crore. Tata Motors has a one-year beta of 1.2, indicating high volatility. On April 4, automakers and auto component company shares continued to slide, dragging the …
Tillomed Laboratories Limited, a subsidiary of Emcure Pharmaceuticals Ltd. ( NSE: EMCURE), has signed an Asset Purchase Agreement (APA) with UK-based Manx Healthcare Limited and its subsidiaries, Manx Pharma Ltd. and Manx Generics Limited. Key Details of the Deal Under this agreement, Tillomed will acquire Manx’s product portfolio, including dossiers, marketing authorisations, intellectual property, and …
Tech stocks are under pressure as the market prepares for key Q4 earnings next week. The Nifty IT Index has fallen nearly 2% today, following a sharp 4% decline on April 3. Over the past month, the index has dropped around 7%, with stocks like Coforge, Wipro, Persistent, and Infosys among the top losers. Leading …
Jupiter Wagons share price is in the spotlight today after its subsidiary, Jupiter Tatravagonka Railwheel Factory Pvt. Ltd. (JTRF), acquired land in Haldiapada, Khordha, Odisha. The company plans to set up India’s first private-sector Railwheel and axle forging plant. Stock Performance As of April 4, 2025, Jupiter Wagons share price is trading at ₹364.65, down …
On April 4, Indian metal stocks witnessed a steep fall as the Nifty Metal index slumped by 6.56% to 8,414 points. This sharp decline wiped out gains from the last 19 trading sessions, making it the biggest intraday fall for the index since March 2024. Every stock on the index closed in the red, led by Hindustan …
On Friday, April 4, 2025, Indian equity benchmarks were seen trading in the red, with broader market sentiment turning negative. Among the hardest-hit sectors was Nifty Pharma, which saw a sharp decline of over 4% by 11:15 AM. The index dropped 4.34%, registering its steepest single-day fall since September 2020. Broad-Based Sell-Off in Nifty Pharma Constituents …
India, the second-largest producer of tobacco globally, plays a significant role in the world’s tobacco supply chain. With over 0.45 million hectares under cultivation and an estimated annual production of 800 million kg, the industry supports over 45 million people through farming, manufacturing, and export activities. The tobacco industry has long been a significant contributor …
Shares of Mazagon Dock Shipbuilders Ltd., the state-owned defence enterprise, declined by over 6% on Friday, April 4, 2025, after the Government of India revealed its plan to offload a 4.83% stake through the Offer For Sale (OFS) mechanism. As per the December 2024 shareholding data, the government holds an 84.8% stake in the company. …
The Securities and Exchange Board of India (SEBI) has granted an exemption to the Government of India (GoI) from the mandatory open offer requirement, following its proposed acquisition of a substantial stake in Vodafone Idea Ltd (VIL). The stake increase, resulting from the conversion of spectrum dues into equity, would take the government’s shareholding to 48.99% …
G R Infraprojects Limited (GRIL) has won an arbitration case against the Chief Engineer, NH (S) Wing & Road Construction Department, Government of Bihar. The dispute arose over claims related to the construction of a two-lane highway with a paved shoulder on the Bhagalpur Bypass in Bihar. The Arbitral Tribunal ruled in favour of GRIL, …
