In December 2022, Biocon’s net debt reached $1.9 billion.
According to the most recent release, the business will build a cutting-edge facility for semi-automatic washing machines.
Recommendation: Reduce; Target Price: Rs 35000
On Friday trading, oil prices showed little change, maintaining stability in the market.
For a total of Rs74 crore, RCPL completed the purchase of a 51% investment in Lotus Chocolate.
In order to finance its onshore oil project in Kenya, Tullow Oil has been looking for a strategic investor.
The sentiment was further bolstered by developments in the U.S. debt ceiling negotiations prior to the June 1 deadline. Asian markets made slight gains.
At the India Steel Summit in the capital, Vinod Nowal, the National Council on Iron and Steel Chairman for Assocham, made the comments.

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