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India adds 4,184 new cases recorded in the last 24 hours. Daily positivity rate stands at 0.48% and Weekly Positivity Rate at 0.58%. Indias Active caseload currently stands at 44,488. Active cases stand at 0.10%. Recovery Rate currently stands at 98.70% with 6,554 recoveries in the last 24 hours taking the total recoveries to 4,24,20,120. 77.60 crore tests were conducted so far; 8,73,974 tests conducted […]

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The Company had allotted 1.50 crore warrants to Shankar Sharma on January 23, 2022, against a payment of 25% of the total amount. On March 09, 2022, Sharma has paid the remaining 75% of the amount to the Company.

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The company has acquired a 9.012% stake in Avaada for consideration of Rs7.90 crore.

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Banking stocks were trading in green, with the S&P BSE BANKEX index increasing 1339.2 points or 3.46% at 40059.47 at 09:51 IST.

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Auto stocks gain

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Auto stocks were trading in green, with the S&P BSE Auto index increasing 692.03 points or 3.08% at 23131.09 at 09:51 IST.

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Indian Overseas Bank (IOB) rose 4.20% to Rs 18.60, extending gains for third day in a row.

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Real Estate stocks were trading in green, with the S&P BSE Realty Index index increasing 110.13 points or 3.31% at 3438.67 at 09:51 IST.

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The demerger will allow each of the two businesses, Compounding, and Reprocessing, to have a separately defined strategy, the company said.

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Gufic Biosciences added 3.32% to Rs 230.3 after the pharmaceutical company announced that it is entering into a research and collaboration agreement with Selvax Pty to accelerate the commercialization of Selvaxs cancer immunotherapy treatment.

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Steel production of 6.57 lakh tonnes in February 2022.

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