Power stocks were trading in the positive zone, with the S&P BSE Power index rising 35.51 points or 0.94% at 3807.77 at 09:51 IST.
Metal stocks were trading in the positive zone, with the S&P BSE Metal index rising 577.28 points or 2.94% at 20230.13 at 09:51 IST.
Cipla announced that the stock purchase and merger agreement entered between InvaGen Pharmaceuticals Inc. (InvaGen), USA, wholly owned step down subsidiary of the Company, and Avenue Therapeutics Inc (Avenue) has been terminated with effect from 1 November 2021. However, the Stockholders Agreement dated 12 November 2018 between InvaGen, Avenue and other stockholders remains in force; and InvaGen will continue to hold shares in Avenue. Powered […]
The company is into textiles and its products are polypropylene filament yarn, grey cloth, etc.
The new manufacturing plant at Bawal will produce electronic components for automotives.
Lumax Industries jumped 5.35% to Rs 1,220.80 after the company commenced its commercial production of electronic components for automotives, at its new manufacturing plant situated at Bawal (Haryana) on Wednesday, 12 January 2022.
Manappuram Finance said that a meeting of the financial resources and management committee of the board will be held on Monday, 17 January 2022, to consider and approve the issuance of secured, rated redeemable non-convertible debentures.
The said MoU was executed on the same terms and conditions as the earlier MoU executed on January 16, 2016.
Basic materials stocks were trading in green, with the S&P BSE Basic Materials index increasing 64.1 points or 1.1% at 5902.5 at 09:51 IST.

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