Shares of Bliss GVS Pharma Ltd. gained in early trade on Wednesday, June 3, after the company said its facility in Palghar East, Maharashtra is in compliance with the good manufacturing practices (GMP) standards of the World Health Organization (WHO). The pharma firm, in an exchange filing on Tuesday, June 2, said it received an…
Shares of Cartrade Tech Ltd. gained over 4% on Wednesday, June 3, after brokerage firm Kotak Institutional Equities has upgraded its rating and increased its price target by 27.7%. The brokerage has upgraded its rating on the stock to “buy” from its earlier rating of “sell” and has raised its price target to ₹2,300 per…
Shares of Concord Biotech Ltd. are trading higher by 6% on Wednesday, June 3, after the company received approval from the US Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Mycophenolate Mofetil for Oral Suspension USP, 200 mg/mL. Mycophenolate mofetil is an immunosuppressant used to prevent organ rejection in adult…
Oil prices may remain high even if geopolitical tensions ease, as global energy supply chains have changed structurally after the ongoing conflict in West Asia, according to Probal Sen, Oil and Gas Analyst at ICICI Securities. He believes crude oil prices could stay in the $85–90 per barrel range for the next six to 12…
Indian IT stocks could offer attractive opportunities after the recent correction, according to Deven Choksey, MD, DRChoksey FinServ. He believes downside risks are limited as companies adapt to AI-driven, outcome-based business models. Choksey prefers engineering and automotive technology companies such as KPIT Technologies, Tata Technologies and Tata Elxsi, citing strong order visibility and execution prospects….
Foreign investor interest in India remains low because global investors are finding stronger earnings growth opportunities in markets tied to the artificial intelligence (AI) supply chain, according to Ridham Desai, Chief Equity Strategist, India, at Morgan Stanley. Speaking at the Morgan Stanley Investor Forum 2026, Desai said the global AI-led capital expenditure cycle remains intact…
Shares of Borosil Renewables Ltd. gained as much as 8% on Wednesday, June 3, after the Government imposed a countervailing duty (CVD) on “Textured Toughened (Tempered) Glass” made or exported from Malaysia. The move was announced as part of the Notification No. 02/2026-Customs (CVD). Contours Of The Notification The duty is effective for a period…
Shares of Shilpa Medicare Ltd. are in focus after the company announced a strategic investment in Spain-based biotechnology firm Gate2Brain, marking its latest bet on innovative therapies targeting central nervous system (CNS) disorders and rare cancers. In an exchange filing on Wednesday, Shilpa Medicare said its wholly owned subsidiary, Shilpa Biocare Pvt Ltd, will acquire…
Shares of DEE Development Engineers Ltd. slipped over 4% on Wednesday, June 3, after the company approved a preferential issue of equity shares worth ₹300 crore to promoter and non-promoter entities. Preferential Issue Contours In an exchange filing, DEE Development said its board approved the issuance of up to 59.76 lakh equity shares at a…
Adani Power Share Price: Shares of Adani Power remained in focus on Friday, rising nearly 2.5 per cent in early trade to around Rs 235, as buying interest continued across the broader Adani Group pack. Market experts tracking the counter said the stock remains one of the strongest performers in the power sector and continues…
