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In addition, the company received orders for 80 Vande Bharat trains and 20 super fast gun mounts for military ships, with contractual deliveries beginning in June 2025.

If June was the month of market euphoria, July is likely to be a month of budget expectations

The company's EBITDA margin increased from 15.2% in FY21 to 19.7% in FY23, while ROCE increased from 5.5% to 16.6% and ROE increased from 1.0% to 16.3% over the same time.

Lupin has already accounted for the fine in previous financial reports, ensuring no impact on the current year’s profit and loss statement.

"The project is anticipated to cost ₹846.66 crore. The project is planned to be completed in 15 months from the date of PPA execution," it stated.

The mixed signals from Asian markets and global economic data will likely influence investor sentiment as the new trading day begins.

Alembic now has a total of 205 ANDA approvals from the USFDA, comprising 179 final approvals and 26 tentative approvals.

Compared to second advance estimate, the third estimate is 10 bps higher, but still too low in absolute terms

Amidst the slew of positive macro data flows, how did the stock markets perform?

It was probably a classic case of some of the year end fiscal deficit pressures of FY24 being carried forward