It has entered into a share purchase agreement to acquire a 100% equity stake in Chalasani Hospitals Pvt Ltd.
The company's revenue from operations decreased by 30.3% to ₹180.7 Crore, down from ₹259.3 Crore in the previous fiscal year.
Brent futures increased 35 cents (0.4%) to $85.43 per barrel. US West Texas Intermediate (WTI) crude increased 36 cents, or 0.5%, to $82.47 per barrel.
The British pound surged to a one-month high of $1.28545 in early Asia trade, extending the previous session's 0.48% advance
The dollar was on the decline, making greenback-priced bullion more appealing to other currency holders.
The allotment of shares was finalised on July 8, and Emcure Pharma shares were scheduled to be listed on the BSE and NSE on July 10.
Indian benchmark indices reversed previous session gains on July 10, with Nifty closing below 24,350.
The license, which is still being reviewed by the finance ministry, will remove the biggest impediment to the entity.
Here are some of the stocks that may see significant price movement today: SBI, Sula Vineyards, Zydus Lifesciences, Kesoram Industries, etc.
Indian markets likely to open muted with IT shares in focus. Sensex and Nifty closed lower on July 10 amid profit booking.
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