News Overview

Sales decline 2.71% to Rs 127.16 crore

Record date is 30 May 2022

Existing home sales in US showed a significant decrease in the month of April, according to a report released by the National Association of Realtors. NAR said existing home sales tumbled 2.4 percent to an annual rate of 5.61 million in April after plunging by 3.0 percent to a revised rate of 5.75 million in March. The report also showed housing inventory totaled 1.030 million […]

Milin Purohit is an industry veteran and has over 36 years if experience.

Company set to commence construction activity soon.

EBIDTA at Rs123 crore; up 22% yoy, EBIDTA Margin at 25% in FY22.

IRB Infrastructure Developers has received Appointed Date from the Competent Authority for Project of Rehabilitation and Upgradation to Four Lane configuration & Strengthening of Punjab/HP Border to Mo from Km 11.000 to Km 42.000 (Design Length 28.700 KM) of NH-20 (New NH154) of Pathankot-Mandi Section in the state of Himachal Pradesh on Hybrid Annuity Mode (HAM) (PackageIA) (Project). Accordingly, the SPV would commence construction on […]

Glenmark Pharmaceuticals Inc., USA (Glenmark) has received final approval by the United States Food & Drug Administration (U.S. FDA) for Abiraterone Acetate Tablets USP, 500 mg, the generic version of Zytiga?1 Tablets, 500 mg, of Janssen Biotech Inc. According to IQVIATM sales data for the 12 month period ending March 2022, the Zytiga? Tablets, 500 mg market achieved annual sales of approximately $260.2 million. Glenmarks […]

In B Group

The US stock market finished volatile session in negative territory on Thursday, 19 May 2022, in a continuing selloff driven by investor fears that the economy could be pitched into a recession amid backdrop of rising prices and tightening monetary policy. Major US indices dropped more than 3.5% on Wednesday, buffeted by worries about rising prices cutting into profit margins following disappointing results from retail […]