News Overview

The broader market indices outperformed the frontline benchmark indices. The BSE SmallCap index increased by 0.62%, and the BSE MidCap index rose by 0.36%

The board of directors also declared a final dividend of ₹1.50 per equity share for fiscal year 2024, which is 150% of the face value.

The company's board recommended a dividend of ₹6 per equity share on a face value of ₹1 each.

Cipla primarily develops drugs to treat respiratory disease, cardiovascular disease, arthritis, diabetes, depression, etc.

During the quarter, Mankind introduced four new drugs in the United States, bringing the total number of launched items to 39.

With this acquisition, Adani Energy Solutions' network grows to 21,182 ckt kms, with 18,109 ckt kms already operational and 3,073 ckt kms in progress.

The IPO's price band is set at ₹258 to ₹272 per equity share with a face value of ₹10.

Gandhi's appointment is subject to approval by the Insurance Regulatory and Development Authority of India (IRDAI).

ReNew has announced the signing of five Power Purchase Agreements (PPAs) for 2.2 GW of renewable energy (RE) capacity, bringing the total to 15.6 GW.

These changes are intended to safeguard investor interests in securities and foster the growth of the securities market, as per SEBI. Intermediaries are required to implement these changes from May 31, 2024, onwards.