Alembic Pharmaceuticals Ltd. on Thursday, April 16, said it has received final approval from the US Food and Drug Administration (USFDA) for its generic version of Methotrexate Injection. The stock gained in response to the news. The approval covers Methotrexate Injection USP, 50 mg/2 mL (multi-dose vials) and 1g/40 mL (single-dose vials), the company said…
Mark Mobius, one of the most influential emerging markets investors, passed away at 89. A regular guest on CNBC-TV18 for over 26 years, he once joined us in Mumbai to launch our first market summit. “If you want to understand a market, start with its people,” he said. Here’s a look at his views on…
Rubicon Research Share Price Target: Shares of pharmaceutical company Rubicon Research are in focus following news of its acquisition of a majority stake in Arinna Lifesciences. Despite the development, domestic brokerage firm Motilal Oswal has reiterated a BUY recommendation on the stock and raised its price target by nearly 6 per cent. The deal, valued…
ICICI Lombard General Insurance reported a year-on-year (YoY) increase of 7.3 per cent to Rs 547 crore in its standalone net profit for the fourth quarter ended March 31, 2026. The company had reported a net profit of Rs 510 crore in the year-ago period. The company’s Net Premium earned was 10.8 per cent YoY…
HDB Financial share price: HDFC Bank subsidiary, HDB Financial Services’ share price spiked over 12 per cent on Thursday after the company reported strong Q4FY26 results, drawing bullish calls from global and domestic brokerages. Analysts noted that the company reported strong profitability and improving asset quality; however, loan growth remained muted. The company posted 41.4…
The stock market witnessed notable movements today as several stocks stood out with significant gains and losses. Among the top gainers, Wipro Ltd, Interglobe Aviation Ltd and surged sharply, driven by positive sectoral trends, or favorable market sentiment. These stocks outperformed broader indices, attracting investor interest and heavy trading volumes.On the other hand, the top…
Stocks to BUY, SELL or HOLD Today, April 16: ICICI Lombard, Groww, HDB Financial, Aditya Birla Capital and others (Image: AI/ET Now) No stock data available Stocks to BUY, SELL or HOLD Today, April 16: The Indian stock market is in focus as leading brokerages release fresh stock recommendations, share price targets, and outlook updates…
Aditya Birla Capital Share Price Target 2026: Morgan Stanley has remained bullish on Aditya Birla Capital and the brokerage has maintained Overweight rating. It noted that the housing finance subsidiary delivered strong loan growth of 48 per cent YoY. Asset quality has improved with lower gross and net NPAs. Net interest income growth strong but…
In the previous trading session, Interglobe Aviation Ltd surged, closing at 4638 with a change of 4.76%. Eternal Ltd advanced to 246.67, up 4.42%, while Max Healthcare Institute Ltd rose to 990.05, gaining 4.03%. Power Grid Corporation of India Ltd also increased by 4.03%, closing at 312.45, and Tata Motors Passenger Vehicles Ltd finished at…
HDB Financial Services Ltd. will be one stock that will be reacting to its quarterly results on Thursday, April 16. The results were reported after market hours on Wednesday. Brokerage firm Motilal Oswal believes that the valuations of HDFC Bank’s non-bank lending arm largely factor in the medium-term growth potential of the company and therefore,…
