In the recent past, this is the second desalination order received by the company in Saudi Arabia.
In CY24, FIIs trimmed in large caps but increased in SMID (taking more risk within overall selling context).
Nykaa will now have 100% ownership of Nykaa Essentials, retaining overall control over its operations and business.
For February 2025, passive funds reported a 50.2% growth in folios and a 18.8% growth in AUM on a yoy basis.
Top gainers in Sensex include SBI (1.00%), ICICI Bank (0.90%), Tata Steel (0.70%), Sun Pharma (0.38%)
This acquisition will also augment Syngene’s biologics capabilities and further strengthen its global presence.
The investment, which is subject to the approval of shareholders through a postal ballot, will be completed during the financial year 2025-26, the company said in a regulatory filing.
IIP growth for January surged to 5.01%, with previous revisions also being positive
While food inflation is sharply lower, the spike in core inflation is more due to gold price spike
A look at what stocks the Big-10 Mutual Fund Houses are buying and selling in February 2025
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