Dr Reddy’s Laboratories on Saturday (August 1) said it has received approval from the US Food and Drug Administration (FDA) for its rituximab biosimilar, a biosimilar version of Rituxan (rituximab), for the US market. The approval strengthens the Hyderabad-based drugmaker’s biosimilars portfolio and marks another step in expanding its presence in the US pharmaceutical market….
Hello Espresso Lovers! We’re back with the latest brew! What a week this one has been for the markets; not just here, but across the globe! You may be wondering why would I start off with an image of Pran Sahab doing the tightrope walk in his memorable role as Jasjeet in Don (1978)? That…
Mahindra & Mahindra reported a 26% year-on-year growth in overall auto sales in July 2026, driven by strong demand across utility vehicles, commercial vehicles and exports. The company sold 1,03,860 vehicles during the month, including exports, compared with the year-ago period. Utility vehicle sales in the domestic market rose 20% to 60,048 units from 49,871…
Shares of Nucleus Software fell as much as 7.6% on Friday, July 31, after the banking software provider reported a weak set of June-quarter earnings, with margins dropping to their lowest level since the June quarter of FY22 amid higher operating costs and weaker domestic business. The company reported a 3.5% year-on-year decline in revenue…
By CNBCTV18.com July 31, 2026, 11:04:52 AM IST (Published) These are the top Nifty 500 movers today, spanning sectors from auto and financial services to chemicals, telecom, defence electronics, and pharma in …Read More 1/10 Netweb Technologies shares rose 7% at market open after Neuberger Berman flagged strong earnings momentum in AI-linked markets, noting the…
Escorts Kubota and SML Mahindra reported healthy year-on-year growth in July sales, aided by improving rural demand and continued strength in the commercial vehicle and construction equipment segments. Escorts Kubota’s Agri Machinery Business sold 8,731 tractors in July, up 22% from 7,154 units a year ago. Domestic tractor sales rose 23.7% to 8,194 units from…
Shares of Lupin rose from the day’s lows on Friday, July 31, after the company received approval from the US Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) and launched Sugammadex Injection in the United States. The company has launched Sugammadex Injection in 200 mg/2 mL (100 mg/mL) and 500 mg/5…
Shares of Strides Pharma Science Ltd. fell more than 5% on Friday, July 31, even after the company reported a strong rise in June quarter earnings. The drugmaker posted a 57.5% YoY increase in net profit to ₹157 crore, compared with ₹100 crore a year earlier. Revenue rose 13% YoY to ₹1,265.4 crore from ₹1,119.7…
“The India VIX has remained below the crucial 18 mark. Even during recent geopolitical tensions, it has largely traded within the 11–15 range, suggesting that market participants are not pricing in panic unless VIX decisively closes above 18,” said Thakkar, adding, “The US Fed kept interest rates unchanged. Although its commentary remained hawkish, Indian equities…
Gujarat Mineral Development Corporation (GMDC) reported its first quarter earnings on Friday, July 31. The stock has seen volatile moves after its results. Its net profit in the June quarter was flat compared to the year-ago period at ₹163 crore. The company’s revenue increased by 24% to ₹907 crore from ₹732.6 crore last year. Earnings…
