News Overview

The application for Liraglutide was filed by Biocon through its European partner, Zentiva.

Brillare Science Pvt Ltd is engaged in professional beauty care products, offering a range of skin, hair, and body care items. Its brands, Brillare and Root Deep, are popular among consumers and salon professionals.

Unlike volume share, revenue share is much lower. This is because BSE is still charging much lower (Rs50 per mn of premium turnover) than the market leader; only in November’23, BSE increased tariff on its current week Sensex-30 contract — still ~30% lower than the competition.

The business would work together with the USFDA to resolve the concerns, it announced.

The company's board of directors will meet on Tuesday, May 7, 2024, to consider and approve the audited standalone and consolidated financial results.

With a total infusion of ₹11,661 Crore, the Adani family has significantly increased their investment in Ambuja since acquiring control from Holcim.

Among the shares traded, 2021 advanced, 1280 declined, and 84 remained unchanged.

Analysts of IIFL Capital Services believe some lenders ala PEL, RBL, HDFC and Axis who had conservatively provided on their entire AIF exposure (5-550 bps of loans) in Q3FY24, might be able to write-back some of these provisions.

Despite the sluggish awarding by NHAI, HG Infra has won new orders worth Rs41.2bn till date in FY24 (all in Q4); implying healthy additions to order book vs its guidance of Rs50bn inflows. These wins boost the growth visibility, given the shorter execution timelines; analysts of IIFL Capital Services build in revenue Cagr of 16-17% over FY23-26. While ordering will take a pause during elections, healthy project pipeline in roads means that ordering beyond Q2 should be stronger from NHAI.

The FDA inspected the company's manufacturing site in Baddi from March 19 to 27, resulting in observations related to good manufacturing practice (GMP) and pre-approval