Gold Silver Reports (GSR) – Kotak Mahindra Bank is likely to see block deals as ING Group had plans to sell its remaining stake in the bank worth about $1 billion.
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Cipla Swings On Acquisition Plans – Gold Silver Reports
The drugmaker plans to acquire 33 percent stake in Avenue Therapeutics for $35 million at $6 per share, according to its stock exchange notification.
Shares of the pharmaceutical company fluctuated between gains and losses to trade at Rs 528.40.
Jet Airways Pares Early Losses After Q2 Results Announcement
Key earnings highlights (Q2, YoY):
✅ Revenue up 9.5 percent to Rs 6,161 crore.
✅ Ebitdar loss at Rs 346 crore versus Ebitdar profit at Rs 837 crore.
✅ Net loss at Rs 1,297 crore versus net profit at Rs 50 crore.
✅ Revenue includes a one-off item of Rs 111 crore.
Shares of the airline operator parred early losses and rose as much as 3.3 percent to Rs 250.20.
Dr. Reddy’s Labs Drops On Repeat Observations For Duvvada Plant
Dr. Reddy’s Labs Drops On Repeat Observations For Duvvada Plant – Shares of the Hyderabad-based drug maker fell as much as 2.61 percent to Rs 2,389 after it received eight observations, five of them a repeat of 2017 and warning letter of 2015, from the U.S. drug regulator at its Duvvada facility—crucial for future growth prospects in its largest market.
Gold Prices Steady; Big U.S. Nonfarm Payroll Data Awaited
Gold Silver Reports (GSR) – Gold prices were steady in early Asian trade on Friday, after rising about 1.5 percent in the previous session, while the dollar inched up ahead of the U.S. payrolls data due later in the day.
IndusInd Bank Share Price 1400, Big Downfall Expected – Buy Karna Mana Hai
IndusInd Bank Share Price 1400, Big Downfall Expected – Buy Karna Mana Hai
RBL Bank, Persistent Systems Shares Slip Sharply
Gold Silver Reports (GSR) – RBL Bank Persistent Systems Shares Slip Sharply — HDFC Bank rose 2.2% to Rs 2010 after the company reported 20.6% increase in its net profit to Rs 5005.73 crore in September quarter from Rs 4151.03 crore a year ago. Persistent Systems Ltd fell 13% to Rs 577.60 after the company reported lower than expected earnings.