Laurus Labs bets on CDMO biz, sees gross margins at 60%; Check price targets
Laurus Labs also aims to improve its asset turnover ratio from the current 0.9 times to 1.1 times.
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MTR Foods-parent Orkla India fixes IPO price band; Details here
At the upper end of the price band, Orkla India will have a price-to-earnings ratio of 39 times, based on financial year 2025 diluted Earnings Per Share (EPS).
Bonus, Stock Split Alert: Agrochemical company board meets today for free share issue
The record date for the stock split and bonus issue is yet to be determined.
Sensex Today | Stock Market LIVE Updates: Nifty futures indicates a positive start as markets look for a turnaround
Sensex Today | Stock Market LIVE Updates: Today, 26,000 will be the first level on the upside to watch for the Nifty, followed by Thursday’s high of 26,100. IT stocks continue to surge, and they may continue to lend support…
Asian stocks higher as Trump-Xi plan eases nerves
An MSCI gauge of Asian shares was up around 0.3% at the open, following a move higher on Wall Street on Thursday.
Oil set for big weekly advance as Russia sanctions upend market
Brent traded near $66 a barrel after jumping 5.4% in the previous session, while West Texas Intermediate was below $62.
Alaska Air profit misses after IT outage halted flying
Consumer confidence has bounced back after a tariff-driven slump and demand for holiday travel is looking strong, Alaska finance executive Ryan St. John said in an interview.
These defence stocks are likely to benefit from the latest ₹79,000 crore DAC approval
The DAC approved procurement proposals worth ₹79,000 crore on Thursday, for the acquisition of equipment for the Indian Army, Navy and the Indian Air Force.
S&P 500, Nasdaq lead Wall Street rebound ahead of Trump-Xi meeting, CPI data
The consumer price inflation (CPI) data for September is the most awaited data point of the evening as the Bureau of Labor Statistics will be releasing the numbers later this evening despite the government shutdown.
Syngene confirms expansion of biologics facility with new ADC bioconjugation capability
The new suite of capabilities will accelerate development timelines by enabling both monoclonal antibody (mAb) production and GMP bioconjugation at a single site. Shares of Syngene International Ltd ended at ₹661.10, up by ₹19.25, or 3.00%, on the BSE.