Drug firm Strides Pharma Science Ltd on Wednesday (May 20) said the United States Food and Drug Administration (USFDA) has completed a routine current Good Manufacturing Practices (cGMP) inspection at the company’s flagship facility in Bengaluru. The inspection was conducted from May 12, 2026, to May 20, 2026. At the conclusion of the inspection, the…
Financial assets are increasingly gaining favour among Indian households, with savings routed through the securities market rising to ₹ 6.91 lakh crore in 2024-25 from ₹ 3.58 lakh crore in the preceding fiscal, according to a research paper authored by Sebi officials. The paper said the revised estimate is significantly higher than the ₹ 5.43…
Realty firm Arvind SmartSpaces Ltd on Wednesday (May 20) reported a consolidated net profit of ₹42.3 crore for the fourth quarter, up 121.5% from ₹19.1 crore in the corresponding period last year. Revenue declined 4.7% year-on-year to ₹155.4 crore from ₹163.1 crore. EBITDA rose 76.5% year-on-year to ₹59.3 crore from ₹33.6 crore, while EBITDA margin…
From Dr Reddy’s Laboratories announcing the launch of its oral semaglutide biosimilar in India under the brand name Obeda to Whirlpool of India Ltd reporting a 32.7% year-on-year decline in net profit Q4, here are some stocks to track ahead of Thursday trading session. 3 Min Read 1 / 12 Aditya Birla Capital Ltd |…
Pace Digitek has received an advance work order (AWO) worth ₹264.65 crore from Bharat Sanchar Nigam Limited (BSNL) for the BharatNet middle-mile and last-mile network project in the Sikkim Telecom Circle. The order entails the design, supply, construction, installation, upgradation, operation and maintenance (O&M) of BharatNet network infrastructure in the northeastern state. As part of…
US stocks edged higher on Wednesday even as crude oil prices slipped sharply, with West Texas Intermediate (WTI) futures falling to intra-day lows below $100 per barrel amid easing energy concerns and investor focus shifting to chip giant Nvidia’s earnings. WTI crude futures dropped 3% to trade around $100 per barrel, while Brent crude declined…
One of the leading cement companies of India, JK Cement Ltd, on Wednesday (May 20) said it has received a Letter of Intent (LOI) from the Government of Andhra Pradesh for the grant of a mining lease for the Dommarnandyala block-3 limestone block. The LOI has been issued by the Department of Mines and Geology…
Sensex Prediction for Thursday, May 21 by experts: The experts further stated that Thursday’s trading session is highly anticipated to be a playground for nimble stock-pickers rather than aggressive index traders. Sensex Prediction for Thursday, May 21 by experts: Following a volatile session on Wednesday, the domestic equity indices staged a smart recovery from early…
Metro Brands reported a strong rise in Q4 profit and sales, helped by festive demand, wedding shopping and higher online sales during the quarter. 2 Min Read Metro Brands reported a strong jump in fourth-quarter earnings, helped by festive and wedding season demand for footwear. The company’s net profit rose 23.5% year-on-year to ₹117.7 crore…
Leading contract manufacturing drug firm Akums Drugs and Pharmaceuticals Ltd on Wednesday (May 20) said its subsidiary Akumentis Healthcare Ltd and the company have received assessment orders under Section 158BC of the Income Tax Act, 1961, for the block period from April 1, 2018, to March 12, 2025. Akums Drugs received a tax demand of…
