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Business
Zydus Lifesciences gets USFDA nod for Celecoxib capsules. The approval includes various strengths of the drug. It will manufacture the drug in Ahmedabad. Celecoxib treats pain and inflammation. US sales for Celecoxib capsules reached $122.6 million. Zydus now has 428 ANDA approvals. A USFDA inspection found two observations at the Matoda facility....
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Read more: Zydus Lifesciences shares in focus after USFDA nod for Celecoxib capsules
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Smarten Power Systems IPO listing today: After listing, the shares gained an additional 5 per cent, surging a total of 51.2 per cent from the issue price to reach the upper circuit of ₹151.20
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Read more: Solid debut! Smarten Power Systems lists at 44% premium, hits upper circuit
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Brokerages Nuvama and Motilal Oswal have maintained their Buy ratings on ICICI Lombard, raising target prices to Rs 2,340 and Rs 2,400, respectively. While competitive pressures impacted motor and group health growth, investment income supported profits. Both firms expect recovery in motor volumes and improved profitability metrics, including a...
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Glenmark Pharmaceuticals has announced that it received a warning letter from the U.S. Food and Drug Administration (FDA) for its manufacturing facility in Indore, Madhya Pradesh, India.
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Read more: Glenmark Pharma receives warning letter from USFDA for Indore facility
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Eleven Nifty500 banks, including SBI and Federal Bank, reported lower net NPAs in Q4 FY25, signalling improved asset quality....
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Read more: SBI, Federal Bank amongst 11 banks that saw NPA enhancement in Q4 - Asset Boost
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Housing - Urban Development Corporation (HUDCO) rose 1.24% to Rs 233.50 after the company announced that it has signed a memorandum of understanding (MoU) with Madhya Pradesh Urban Development Company (MPUDCL) in Indore.
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Read more: HUDCO gains after signing MoU with MPUDCL
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HDFC Bank's board is set to meet on July 19 to consider issuing bonus shares and a special interim dividend for FY26, marking a potential first for the bank regarding bonus shares. The decision is subject to regulatory approvals and shareholder consent. Over the past year, HDFC Bank shares have seen a gain of 23.01%....
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Read more: HDFC Bank to consider first-ever reward share problem on July 19
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At 09:30 AM, VIP Industries' shares were trading at ₹434.50, down by 4.92 per cent on the National Stock Exchange
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Read more: VIP Industries shares slip 4% as Dipal Piramal, family offload 32% stake
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Travel Food Services shares listed at ₹1,126.20 per share on the BSE and ₹1,125 per share on the NSE, against the IPO issue price of ₹1,100 per share
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Read more: Travel Food Services lists at 2% premium, in line with IPO GMP forecast
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RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock....
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Read more: These 9 Nifty stocks showing RSI Trending Up on July 15 - Uptrend Alert
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BEML share price popped after the company announced that it will consider sub-division / split of equity shares (stock-split) on July 21, 2025.
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Read more: BEML share price pops over 2% as board to consider stock-split on July 21
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Dixon Technologies will acquire a 51% stake in Kunshan Q Tech Microelectronics India. This acquisition will happen through primary and secondary investments. It will allow Dixon to manufacture camera and fingerprint modules. These modules are for mobile handsets, IoT systems, and automotive applications. The deal is subject to regulatory approvals...
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Read more: Dixon Technologies shares rally 4% on deal to obtain 51% stake in Q Tech India
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Gland Pharma shares rose 2 per cent after it received a GMP certification from the Danish Medicines Agency for its Telangana plant
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Read more: Gland Pharma shares rise on GMP nod for Telangana manufacturing unit
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HDFC Life Insurance Company reported a 14% YoY jump in Q1 FY26 profit to Rs 546 crore and a 16% rise in net premium income. Strong gains in market share, persistency, and new business value reflect solid operational momentum despite a sequential dip in topline....
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Avenue Supermarts (Dmart) declined 2.76% to Rs 3,955.25 after the company's consolidated net profit fell 0.11% to Rs 772.97 crore despite a 16.28% jump in revenue from operations to Rs 16,359.70 crore in Q1 FY26 over Q1 FY25.
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Read more: Avenue Supermarts slumps after Q1 PAT drops to Rs 773 cr in FY26
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At 09:25 IST, the barometer index, the S-P BSE Sensex, declined 346.56 points or 0.41% to 82,165.34. The Nifty 50 index lost 92.65 points or 0.37% to 25,054.35.
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Read more: Indices open lower in early trade; breadth negative
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Chemkart India listing: The stock listed at ₹250 per share, reflecting a premium of only ₹2 or 0.8 per cent over the issue price of ₹248
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Read more: Chemkart India shares make flat D-Street debut, list at ₹250 on BSE
Write comment (100 Comments)At meeting held on 14 July 2025
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Read more: Board of RIR Power Electronics allots 76.73 lakh bonus equity shares
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