Glenmark said in a stock exchange filing that the newly launched product is bioequivalent and therapeutically equivalent to the reference-listed drug manufactured by BPI Labs, LLC.
Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar.
Brokerage firm HSBC believes that UltraTech’s foray is likely to have a material impact on the growth of incumbents, as well as on their margins beyond financial year 2027.
Launched in November 2024, four months after acquiring the land, Godrej Evergreen Square has become GPL’s most successful residential launch in Pune, both in terms of sales value and volume.
Nomura wrote in its note that the move from the RBI should help improve credit flow from banks to NBFCs, while being immediately beneficial for their capital ratios.
The shares slipped about 4% in extended trading after closing at $307.33 in New York. The stock had gained 2.3% over the past 12 months, trailing many software peers.
Citi noted that UltraTech’s foray into the segment is part of its strategy to strengthen its position as a comprehensive building solutions provider.
The tenure of the current SEBI Chairperson, Madhabi Puri Buch, ends this Friday, February 28.
Castrol has significant growth ambitions, including growing its core mobility businesses, expanding participation in industrial lubricants, enhancing its mobility services and diversifying into data centre fluids.
On Thursday, market tech analyst Mitessh Thakkar recommended these stocks for the short term.