Adani Ports May Update: Cargo volumes up 16%, logistics rail volumes slides 19% YoY
Shares of Adani Ports and Special Economic Zone Ltd ended at ₹1,816.00, up by ₹32.75, or 1.84%, on the BSE.
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Concord Biotech gets FDA nod for immunosuppressant mycophenolate mofetil
Mycophenolate mofetil is an antimetabolite immunosuppressant indicated for the prophylaxis of organ rejection in adult and paediatric recipients aged three months and older of allogeneic kidney, heart or liver transplants, in combination with other immunosuppressants. Shares of Concord Biotech Ltd…
Half of South Korea’s stock market value rests on just two companies
South Korea has overtaken India as the world’s sixth-largest equity market, driven by a powerful rally in AI-linked semiconductor stocks. The shift highlights growing investor concentration in chipmakers, while India’s market remains broader and more diversified.
OYO parent PRISM secures SEBI nod for IPO, sources say
OYO parent PRISM has received SEBI’s approval for its proposed IPO, sources told CNBC-TV18. The company is now preparing its updated filing while assessing market conditions and listing timelines.
Concord Enviro Systems arm bags ₹16-cr order for zero liquid discharge systems
The company said the order has been awarded by a domestic entity and will be executed over a period of 28 weeks. Shares of Concord Enviro Systems Ltd ended at ₹257.30, down by ₹15.85, or 5.80%, on the BSE today,…
Balaji Amines shares snap four-day losing streak, surge nearly 18% to hit 52-week high
Balaji Amines shares have generally delivered positive returns in the month of June. The stock has gained between 10% to 30% this month over the last three years.
Indian firms beat fourth-quarter estimates, but Iran war dims outlook
Indian companies posted a surprise earnings beat for the three months ended March, as domestic activity hummed along boosted by consumption tax cuts and easy monetary policy, but the Iran war-led energy shock is expected to weigh on profitability.
Rupee may weaken towards 98 as oil and US yields pressure EMs: David Hauner of BofA Securities
David Hauner, Head-Global EM Fixed Income Strategy at BofA Securities, remains structurally bullish on emerging markets over the long term despite near-term headwinds. He expects oil prices to ease, the US dollar to weaken and capital flows to gradually return…
Sensex, Nifty snap 4-day losing streak; benchmark indices recover over 1% from intraday lows
The Sensex rose 383 points to close at 74,650, while the Nifty gained 101 points to end at 23,484. The market recovered more than 1% from the day’s lows during intraday trade. The Nifty traded above the 23,500 mark during…
Alkem launches India’s first ready-to-use semaglutide syringe for diabetes and weight loss from ₹350
The launch comes as India grapples with rising diabetes and obesity cases, offering patients another treatment option designed to improve long-term adherence.