Market Commentary     12-Dec-24
Stock Alert
Stocks to watch: Cipla, Greaves Cotton, PC Jeweller, Shriram Finance
Cipla said it has received the nod from Central Drugs Standard Control Organisation (CDSCO) for the exclusive distribution and marketing of Afrezza - inhalation human insulin in India.

Greaves Cotton board approved OFS of certain shares of arm Greaves Electric held by the company in the proposed IPO.

PC Jeweller to issue 5.2 crore equity shares to consortium lenders at an issue price of Rs 292 each.

Shriram Finance completed the sale of entire 84.4% stake in arm Shriram Housing Finance to Warburg Pincus for Rs 3,929 crore.

Grasim Industries board approved a fund raise of up to Rs 2,000 crore via NCDs on a private placement basis.

Gland Pharma received a US FDA approval for Phytonadione Injectable Emulsion. The product is indicated in coagulation disorders caused by Vitamin K deficiency.

Ami Organics approved enhancement in capital expenditure of Rs 177 crore for its brownfield project of electrolytes additives products at Jnagadia facility in Gujarat.

Reliance Power arm won a 930 MW solar energy contract with battery energy storage system project (BESS) from Solar Energy Corporation of India (SECI) in a reverse e-auction.

Sammaan Capital board approved a fundraising plan of up to Rs 2,500 crore via qualified institutional placement.

Godawari Power & Ispat has entered into an agreement with GAIL for supply of RLNG Gas for the company's upcoming pellet plant in the ordinary course of business for a period of 7 years.

Previous News
  Sammaan Capital consolidated net profit declines 0.06% in the December 2024 quarter
 ( Results - Announcements 11-Feb-25   14:33 )
  USFDA classifies cGMP inspection of Cipla's Virgonagar facility as VAI
 ( Corporate News - 08-Feb-25   11:16 )
  Sammaan Capital to table results
 ( Corporate News - 05-Feb-25   16:51 )
  Cipla to infuse ZAR 900 million in Cipla Medpro South Africa Proprietary Limited
 ( Corporate News - 03-Feb-25   19:20 )
  Cipla Ltd up for third straight session
 ( Hot Pursuit - 30-Jan-25   13:05 )
  Cipla
 ( Results - Analysis 29-Jan-25   09:32 )
  Cipla consolidated net profit rises 48.74% in the December 2024 quarter
 ( Results - Announcements 28-Jan-25   16:57 )
  Cipla spurts as PAT climb 49% YoY to Rs 1,571 crore in FY25
 ( Hot Pursuit - 28-Jan-25   14:44 )
  Greaves Cotton jumps after block deal
 ( Hot Pursuit - 28-Jan-25   13:35 )
  Sammaan Capital allots NCDs aggregating Rs 49 cr
 ( Corporate News - 28-Jan-25   13:33 )
  Greaves Cotton consolidated net profit declines 64.14% in the December 2024 quarter
 ( Results - Announcements 23-Jan-25   17:22 )
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