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Banking stocks were trading with gains, with the S&P BSE BANKEX index increasing 614.8 points or 1.4% at 44470.31 at 09:46 IST.

Zydus Lifesciences has received final approval from the United States Food and Drug Administration (USFDA) to market Prochlorperazine Maleate tablets, USP 5 mg and 10 mg, (USRLD: Compazine). Prochlorperazine tablets are used to treat nervous, emotional, and mental conditions (eg. schizophrenia) and non-psychotic anxiety. It is also used to control severe nausea and vomiting. The drug will be manufactured at the groups formulation manufacturing facility […]

Mazagon Dock Shipbuilders jumped 7.49% to Rs 304.15 after the companys consolidated net profit surged 121.24% to Rs 224.78 crore on 83.68% increase in net sales to Rs 2230.32 crore in Q1 June 2022 over Q1 June 2021.

Financials stocks were trading in green, with the S&P BSE Finance index rising 102.8 points or 1.25% at 8311.34 at 09:46 IST.

The state-run coal majors consolidated net profit climbed 178.7% to Rs 8,832.86 crore on 39.5% jump in revenue from operations to Rs 32,497.98 crore in Q1 FY23 over Q1 FY22.

The company has fixed September 19, 2022, as the record date for such purposes.

Information Technology stocks were trading in the positive zone, with the S&P BSE IT Sector index rising 468.3 points or 1.56% at 30566.17 at 09:46 IST.

Eicher Motors gained 1.46% to Rs 3200.60 after the companys consolidated net profit increased to Rs 611 crore in Q1 FY23 from Rs 237 crore in Q1 FY22.

Prior to joining the company, he has worked with Jaiprakash Associates, G4S, Fiitjee, Uttam Strips, Carnation Auto, Xelba UK.

With effect from 05 August 2022