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The company said that auto and farm businesses posted strong growth trajectory on higher margins with profits registering 20% growth.

Proceeds from the fresh issue will be used to strengthen the balance sheet and fund capital expenditures.

It stated that Iran’s petrochemical sector has grown substantially in recent years, generating billions of dollars in illicit funds, which are then funneled into regional conflicts and destabilisation efforts.

The company is raising up to INR 7,920 million through a fresh issue of equity shares to strengthen its capital structure and fund expansion.

The order inflow during the quarter jumped more than fourfold to ₹11,339.2 crore. This is compared to ₹2,436.7 crore in the same period last year.

Lannett is a legacy pharmaceutical firm founded in 1942.  It is headquartered in Trevose, Pennsylvania, brings with it a deep expertise in manufacturing complex generics.

The promoters will have an option to convert these into shares in one or more phases at any time within a period of 18 months from the allotment date.

The Fed stuck to its guns that the time was not ripe to cut rates unless there was clarity on the tariff impact

Here are some of the stocks that may see significant price movement today: Mahindra & Mahindra, Tata Steel, Jio Financial, etc.

The MoU is set to fast-track inclusive growth, future-ready development, harnessing the strengths of each entity to resolve pressing development problems.