Auto stocks were trading with losses, with the S&P BSE Auto index falling 331.63 points or 1.24% at 26482.63 at 13:50 IST.
Telecom stocks were trading in red, with the S&P BSE Telecom index decreasing 26.83 points or 1.4% at 1893.59 at 13:50 IST.
Basic materials stocks were trading in the negative zone, with the S&P BSE Basic Materials index falling 81.01 points or 1.35% at 5901.4 at 13:50 IST.
The portfolio of products that is being acquired falls within the business line of the company and will enable the addition of established brands with high recall amongst healthcare professionals, especially in the Minerals, Vitamins, and supplements category.
The Anup Engineering slumped 10.37% to Rs 1,064 after the companys consolidated net profit dropped 33.51% to Rs 6.05 crore on a 60.16% surge in revenue from operations to Rs 47.20 crore in Q3 FY22 over Q3 FY21.
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