Here is the important stock market news to watch out for today.
On a yoy basis, the consolidated net sales of Indian companies were up 25.6%, largely helped by strong urban sales and price hikes by manufacturers across the board. The input cost pressures are evident from the fact that the gross profits have grown at just 17.9% despite higher growth in sales.
The company has 271 cumulative ANDA filings with USFDA of which 244 ANDAs have been approved and 27 are pending approval.
While exports were lower on a sequential basis, they were still substantially higher on a yoy basis as well as on a 2-year basis compared to the pre-COVID levels
The Board of Directors has proposed to incorporate one hundred per cent Subsidiary company to be established under the jurisdiction of Sharjah Media City Free Zone.
Check out the stocks that will be in focus during trade today based on recent and latest news developments.
The Board approved raising of funds by way of offer and issue of equity shares to the existing members of the Company on Rights Basis.
Begins operations of its temperature-controlled warehouse in Coimbatore and also makes a new facility for the e-commerce giant in Pune.
This deal allows Binnopharm Group to acquire anti-bacterial medicines under the Ciprolet and Levolet brands.
Asian markets opened lower led by the Japanese 'Nikkei' which was trading lower by over 250 points in early trade.

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