Alembic Pharmaceuticals Ltd. on Friday, May 22, said it has received the final approval from the US Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Levothyroxine Sodium Tablets USP across multiple dosage strengths. The approved product is therapeutically equivalent to AbbVie Inc.’s Synthroid Tablets and is available in strengths ranging…
Shares of Max Healthcare Institute Ltd. declined as much as 7% on Friday, May 22, reacting to their fourth quarter earnings. The stock is looking to recover from the lows of the day. The company reported a subdued performance for the March quarter, with revenue lower than estimates and margins dipping from the previous year….
Betting against the rupee? You’re just part of the crowd now. By Sriram Iyer May 22, 2026, 12:59:37 PM IST (Updated) The Indian currency came eerily close to the 97 mark against the US dollar this week. The Reserve Bank of India (RBI) has spent $29 billion since the start of 2026 defending the rupee,…
Info Edge Share Price Target 2026: Brokerage firm Nuvama has delivered a bullish outlook on Naukri operator Info Edge’s stock after its Q4 FY26 results, citing moderate billings growth. The internet firm has posted an 11.48 per cent growth in consolidated net profit to Rs 756 crore in the March quarter, driven by recruitment solutions….
India’s cement companies may finally have to increase prices after facing nearly ₹300 per tonne of cost inflation over the last few months, according to Rajesh Ravi, Institutional Research Analyst at HDFC Securities. Ravi said cement makers have so far avoided major price hikes even as input and logistics costs continue to rise sharply. “Cement…
Aditya Bhave, Head of US Economist at BofA Global Research, says the US central bank is confronting a macro environment unlike anything it has faced before: energy shocks, immigration-driven labour constraints, unresolved tariffs, fiscal stimulus, and an AI investment boom — all landing at once. The policy dilemma is stark. “The Fed still doesn’t know,…
Shares of Honasa Consumer Ltd. surged almost 12% on Friday, May 22, after the FMCG company reported its highest-ever quarterly Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) and profit since listing, while also announcing its maiden dividend of ₹3 per share for FY26. This is the biggest single-day gain for the stock in the…
The price forecast for copper is mostly on the higher side. The first quarter of this year saw an all-time high of around $14,800 a tonne and the markets see the rates reaching this level again. 2 Min Read 1 / 7 Copper prices continue to gain. Even as most other commodities are closing this…
Investors who look past the near-term market turbulence will find a meaningful earnings inflection point by the financial year 2027-28 (FY28) and 2028-29 (FY29), according to Rana Gupta, Senior Portfolio Manager and India Equity Specialist at life Investment Management. India is currently paying an additional $60–70 billion for food and fertiliser imports as a result…
National Commodity and Derivatives Exchange (NCDEX) plans to expand its newly launched weather derivatives business beyond Mumbai rainfall contracts, with products linked to eastern monsoons and temperature variations already under development, according to Managing Director & CEO Arun Raste. Raste believes climate-linked financial products could become increasingly important as businesses grapple with unpredictable rainfall, heatwaves…
