News Overview

Metal stocks were trading with gains, with the S&P BSE Metal index increasing 219.43 points or 1.1% at 20175.11 at 09:50 IST.

Cash and Investments stood at Rs3,769cr as of December 31, 2021, compared to Rs1,509.6cr as of December 31, 2020, and Rs3,773.4cr as of September 30, 2021.

Tata Elxsi rose 3.84% to Rs 6615 after the companys net profit jumped 43.49% to Rs 150.95 crore on 33.18% increase in revenue from operations to Rs 635.41 crore in Q3 December 2021 over Q3 December 2020.

These liabilities were due in FY 2022-23 to 2034-35, with accrued interest rates between 9.30% to 10% with an average residual period of 7 years.

Rationale behind split is to improve the liquidity of the Company’s share.

Lupin today announced that it has entered into a partnership with Shenzhen Foncoo Pharmaceutical Co. (Foncoo). This is Lupins first partnership arrangement in China and reinforces Lupins commitment to bringing high quality generic and complex generic medicines to patients around the world. Powered by Capital Market – Live News

MSPE has ceased to be a Subsidiary of MSPL and consequently that of MHL and the company with effect from January 18, 2022.

L&T Technology Services Ltd has lost 0.77% over last one month compared to 5.47% gain in S&P BSE IT Sector index and 8.24% rise in the SENSEX

The Telecom Regulatory Authority of India (TRAI) released the telecom subscription data for November 2021 on 18 January 2021.

The issue size shall be less than Rs50cr and the draft letter of offer was placed before the Board.