The company said its Potassium Phosphates Injection is bioequivalent and therapeutically equivalent to the reference listed drug from Fresenius Kabi. Glenmark plans to begin distribution of the product in March 2026.
As a result of the fall in PSU Banks, three stocks, Punjab & Sind Bank, Indian Overseas Bank, and UCO Bank, have declined to a 52-week low.
Yields on China’s 30-year bonds are nearing the highest close since September 2024 due to rising oil prices from the Iran war. The 30-year bond yields rose to 2.4%.
The founder of Indiacharts & Strike Money says Nifty has slipped below its 20-month average and broken the long-term trend from the Covid lows — an early warning sign for markets. India VIX has not yet reached panic levels that…
Following the recent correction, shares of IDBI Bank are trading at around 1.5x price-to-book value. The stock has declined about 30% in the past month but remains roughly 6% higher over the last one year.
Vikash Singh, Vice President at ICICI Securities, says the long-term outlook for aluminium also remains strong, with prices estimated near $2,950. While Nalco benefits more directly from higher aluminium prices, Vedanta remains his preferred stock. Ductile iron (DI) pipe makers…
Indian equities have corrected 8% in the last two weeks. The Nifty and the Nifty Bank are both down 13% each from their respective record high levels. The only two previous instances of such a fall are during the Covid-19…
The Indian Rupee improved to 92.43 against the US dollar from 92.46 on Friday. Crude oil nears $100 per barrel amid West Asia crisis. Gold and silver prices fell on COMEX.
Varun Beverages shares had dropped to a 52-week low last week, having posted monthly losses in January and February as well. The last instance of the stock declining for three months in a row was back in April-June period of…
IndiGo has announced a fuel surcharge across all domestic and international routes amid the ongoing war in West Asia. UBS views the airline’s decision to introduce the surcharge as a meaningful positive.