Sun Pharmaceutical Industries Limited (Sun Pharma) announced a strategic move to bolster its presence in Africa on May 04, 2024. The company entered into an agreement to acquire 100% of the shares of Valstar S.A. (Valstar), which will also indirectly grant Sun Pharma complete ownership of Valstar’s subsidiary, Kemipharm S.A. (Kemipharm). Expanding Manufacturing Capabilities This …
Craftsman Automation Limited, a manufacturer of machined powertrain components, notified the market of significant business development on May 04, 2024. Coimbatore-headquartered Craftsman Automation Limited signed a definitive agreement to acquire the remaining 24% stake in DR Axion India Private Limited (DRAIPL). The acquisition is subject to the terms and conditions mentioned in the agreement. Craftsman …
On May 4, 2024, VA Tech Wabag Limited, a global leader in water treatment technologies, unveiled a groundbreaking initiative – “BLUE SEED”. This program aims to catalyse innovation within the water sector by nurturing and empowering promising startups with disruptive water technology solutions. Vision for a Sustainable Water Future: BLUE SEED aims to be a …
Zydus Lifesciences Limited announced a positive development on May 04, 2024. Its wholly-owned U.S.-based biopharmaceutical company, Sentynl Therapeutics, Inc. (Sentynl), successfully acquired Eiger BioPharmaceuticals, Inc.’s Zokinvy® (lonafarnib) program. Significance of Zokinvy® Zokinvy® represents a significant advancement in treating Progeria, Hutchinson-Gilford Progeria Syndrome (HGPS), and Processing-Deficient Progeroid Laminopathies (PDPL). These ultra-rare and fatal genetic diseases cause …
Top Public Sector Banks like State Bank of India, Canara Bank Punjab National Bank and every other PSU bank are all trading down by 2-5% from their previous day’s closing price as the Reserve Bank of India proposes to tighten Lending for Project Finance. What is coming From RBI? The Reserve Bank of India has …
On May 03, 2024, Nifty 50 and Sensex slipped 0.76% and 0.98% to 22,475 and 73,878, respectively. Foreign Institutional Investors (FII) sold securities worth around ₹2,391 crore, while domestic investors bought shares worth ₹690 crore. Top Gainers and Losers On the sectoral front, Nifty Mid Small Healthcare, Nifty Healthcare aur Nifty Pharma ended in green. …
On Friday, the market witnessed a significant downturn, marking its largest intraday fall in two months. Profit booking at record levels led to a substantial decline, with the Sensex dropping by 0.98% and closing at 73,878.15 points, while the Nifty also plunged by 0.76% and closed at 22,475.85 points. Both indices were approximately 1.5% off …
During Friday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look. Easy Trip Planners Ltd Today, Easy Trip Planners Ltd witnessed a price volume breakout with its stock price reaching a high of Rs 47.15 before settling at Rs 46.45, slightly above the previous …
Max Financial Services and Sanofi India are identified as upside potential stocks based on technical analysis. Both stocks have displayed promising structures and technical setups, including price volume contraction, and the potential to bounce back and breakout. Currently trading at Rs 1,001.15 and Rs 8,620 respectively, their price aligns with positive signals from technical indicators …
The Early Years The Godrej story began in 1897 with Ardeshir Godrej, a young Parsi lawyer who turned his entrepreneurial spirit towards manufacturing. In an era dominated by imported goods, Ardeshir defied the odds by establishing a lock factory. His vision of “Swadeshi” (supporting domestic production) resonated with the burgeoning nationalist movement. His innovative, high-quality …
