The company will use net proceeds from the IPO towards working capital requirements and other general corporate purposes as well as unidentified inorganic acquisitions.
During the reporting year, the state-owned firm's total operating income increased by 38% year on year to ₹1,630.38 Crore.
Brent crude oil futures slid 39 cents, or 0.5%, to $79.01 a barrel. US West Texas Intermediate oil futures fell 32 cents, or 0.4%, to $75.53 per barrel.
NSE updates the list of securities banned in the F&O segment daily, depending on the MWPL thresholds.
Alkem will conduct clinical trials of 'SON-080' in India, with Sonnet's support for global and local regulatory submissions.
Spot gold increased 0.5% to $2,641.70 per ounce, but was down approximately 0.4% for the week. Last month, prices rose to a record high of $2,685.42.
The dollar index, which measures the currency against six peers, was unchanged at 102.84, down 0.3% from 103.17
The project involves integrated infrastructure development for 20M, including wide roads, flyovers, minor bridges, and electrical works under the NAINA project.
In a meeting on Thursday, the board approved this fundraising initiative, which will include the issuing of equity shares.
The company produces advanced pharmaceutical intermediates and active pharmaceutical ingredients (APIs) for formulations like tablets, syrups, ointments, etc.
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