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NSE share market NEWS tomorrow (19 October, 2022). NSE stocks in NEWS (tomorrow)

NSE share market NEWS tomorrow (19 October, 2022). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 19 October 2022

Suzlon Energy was amongst the top gainers, currently trading at 9.25 in NSE with 3.089 times change in volumes and 19.355% change in price. Other gainers included Pnb Housing with 8.028% price change and 16.023 times volumes, Container Corporation with 6.91% price change and 4.32 times volumes, Syngene Internatio with 6.315% price change and 8.128 times volumes, and National Buildings with 4.815% price change and 4.539 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Astral Poly was amongst the top losers, currently trading at 2057.45 in NSE with 2.526 times change in volumes and -5.219% change in price. Other losers included Nhpc with -4.172% price change and 0.613 times volumes, Phoenix Mills with -3.618% price change and 0.919 times volumes, Kalyan Jewellers with -2.182% price change and 0.511 times volumes, and Rail Vikas with -2.114% price change and 0.463 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.

Other stocks which made news headlines today and can be traded tomorrow are below.

Piramal Pharma ends at Rs 192 on debut, valued at Rs 22,882 cr at close. Domestic brokerage Motilal Oswal has set a price target of Rs 210 for the stock

Inox Leisure Q2 net loss narrows to Rs 40 cr, revenue rises multi-fold. Multiplex chain operator Inox Leisure Ltd on Wednesday reported a narrowing of its consolidated net loss to Rs 40.37 crore for the second quarter that ended on September 30, 2022, helped by rising footfalls at cinema halls. The company had posted a net los

Committed to completing open offer process for 26% NDTV stake: Adani group. Adani Group, which missed the date for the launch of an open offer to buy an additional 26 per cent stake in NDTV, on Wednesday said it is committed to completing the process and has asked SEBI to provide comments on its draft open offer letter. The conglo

E-Gaming Federation to challenge Tamil Nadu ordinance banning online gaming. Regarding rummy and poker as games of chance violates Supreme Court and Madras High Court judgments which overturned the law banning online games

HDFC AMC second quarter PAT rises 6% to Rs 364 cr; total income up 7%. HDFC Asset Management Company (AMC) on Wednesday reported a 6 per cent growth in profit after tax (PAT) at Rs 364.1 crore for the July-September quarter of the current financial year. In comparison, the asset management firm had a PAT of Rs 344.5 crore in

AU Small Finance Bank's net profit rises 23% to Rs 343 crore in Q2. AU Small Finance Bank (SFB) on Wednesday reported a 23 per cent rise in its net profit at Rs 343 crore in the July-September quarter on healthy growth in loan disbursals aided by consistent fall in bad loans. The Jaipur-based lender had posted a net profit

Syngene International's net profit rises 53% to Rs 102 crore in Q2. Syngene International on Wednesday reported a 53 per cent rise in consolidated net profit at Rs 102 crore in the second quarter ended September 2022 on the back of higher revenue. The company, which is an integrated research, development and manufacturing

CCI slaps penalties totalling Rs 392 cr on MakeMyTrip, Goibibo, OYO. The CCI has also directed MakeMyTrip and Goibibo to amend its market behaviour

BSNL has worst call drop rate in 14 of 18 surveyed cities, shows Trai data. Vodafone Idea had the highest data download rates, across both 3G and 4G networks in the most number of cities

IndiGo flight to Arunachal soon as Donyi Polo Airport gets operation ready. The foundation stone of the Donyi Polo Airport was laid in 2019. Situated nearly 14 km south of the city centre, the airport will serve Itanagar

Ahmedabad airport plan: Adani to invest Rs 10k cr to triple flier capacity. The Adani group wants premium brands to open more outlets at the Ahmedabad airport to ensure higher average transaction value

Havells Q2 net profit dips 38% to Rs 187 cr, revenue rises 13.6%. Havells India Ltd on Wednesday reported a 38.15 per cent decline in its consolidated net profit to Rs 187.01 crore for the second quarter ended on September 30, 2022, as commodity inflation hit its margins. The consumer electrical goods maker company had p

Nestle India profit up 8.3% in Sept qtr, net sales growth at five-year high. Strong growth in e-commerce channels driven by emerging formats such as 'quick commerce' and 'click & mortar'; E-commerce contribution to sales at 7.2% in the quarter

Vodafone Idea board to mull issuing convertible debentures to a vendor. Development comes on the heels of Indus Towers warning the financially stressed telecom company of disconnection of services over non-payment of dues

LIC's share in NHPC comes down to 5.2% from 7.2% over seven months. Country's largest insurer LIC on Wednesday said its shareholding in hydro power generator NHPC has come down to 5.2 per cent on sell down of shares over a period of time for a consideration of Rs 700.79 crore. Corporation's shareholding in NHPC Ltd has dil

Fired a senior employee in 10 mins for integrity violation: Rishad Premji. Wipro Chairman Rishad Premji on Wednesday revealed that one of the organisation's top 20 staff members was shown the door in connection with huge integrity issues

IndusInd Bank's Q2 net profit rises 57% to 1,805 cr, NII rises 18%. Should see 18-20% credit growth in FY23 says Sumant Kathpalia, MD & CEO, IndusInd Bank

Gifts, dinner vouchers, pre-Diwali bashes by corporates light up hotel biz. Companies across the sectors, particularly the multinationals want to do more for employees to attract them to come to office

Telecom gear maker HFCL Q2 profit flat at Rs 84 crore; revenue falls 4.5%. Domestic telecom gear maker HFCL's consolidated net profit remained flat at Rs 84.31 crore for the quarter ended on September 30, 2022, according to the company's statement. The company had posted a net profit of Rs 85.94 crore in the same period a year ag

KPIT Technologies Q2 net profit rises 28% to Rs 83 crore; revenue up 17.2%. Auto industry-focused engineering services company KPIT on Wednesday reported a 28 per cent jump in its September quarter net profit at Rs 83.56 crore, helped by a strong revenue growth. The Pune-headquartered company also upped its revenue growth guidance

Major asset management companies report muted results in second quarter. Revenue from operations remains flat for HDFC AMC and Nippon Life AMC in the previous quarter

IIFL Wealth & Asset Management Q2 PAT rise 23% to Rs 173 cr; revenue up 12%. IIFL Wealth & Asset Management on Wednesday reported a 23 per cent growth in profit after tax (PAT) to Rs 173 crore for three months ended September 2022. The company had posted a PAT of Rs 140 crore in the same quarter of the last fiscal, IIFL Wealth & As

UltraTech Q2 net profit falls 42% to Rs 756 cr on higher energy costs. The pick-up in retail demand was led by pre-Diwali construction gaining momentum, UltraTech said

Metro Brands acquires 100% shareholding of Cravatex Brands. Footwear retail chain Metro Brands has signed a share purchase agreement to acquire 100 per cent shareholding of Cravatex Brands to expand its presence in the sports and athleisure space in India, a regulatory filing said on Wednesday. BSE-listed Cravatex

Triton EV issues Rs 8,060 cr LoI to BEL for purchase of battery packs. Electric vehicle maker Triton Electric India has issued a letter of intent to defence public sector unit Bharat Electronics for the procurement of battery packs for its semi-truck project in India at an estimated value of Rs 8,060 crore, according to a reg

1-million Individual bond sale on the anvil for Adani Enterprises. Adani Ports' seven dollar-denominated notes have lost about 14% on average so far this year, while Adani Electricity Mumbai's 2030 securities have retreated about 17%.

Swiggy Instamart eyeing 100 million user base in next 4-5 years. There are more than 500 brands and 5,000 products on the platform currently

Invesco, others sell 5.51% of Zee Entertainment shares worth Rs 1,396 crore. Investment firm Invesco and OFI Global China along with other entities sold 5.51 per cent in Zee Entertainment Ltd (ZEEL) for more than Rs 1,396 crore through open transactions. A total of 5,29,35,068 shares of the company were offloaded at a price of Rs 2

BEL to manufacture Hydrogen fuel cells with technology from US-based TEV. Navratna defence PSU Bharat Electronics Ltd has signed an MoU with US-based Triton Electric Vehicle for manufacturing Hydrogen fuel cells with technology transfer from the latter to meet the requirements of the Indian market and mutually agreed export mark

IDBI stake sale: To help the buyer, centre asks Sebi to ease norms. The government offered to sell a total of 60.72% stake in the IDBI bank, in early October

Axis Bank Q2 preview: Profit may rise over 40% YoY on low provisions. Analysts said progress of the Citi portfolio, direction of operating profit growth, and credit growth amid slowdown concerns will be tracked by investors

CEOs of Indian companies get nearly 4% compensation hike in FY22. According to members of nomination and pay committees of several blue-chip corporations, there is a growing trend of linking CEO salaries to results and performance

Kakao's co-CEO resigns over massive service disruption mobile messenger. A top executive of artificial intelligence (AI) solutions provider Kakao stepped down to take responsibility for the recent disruption of the company's mobile messenger KakaoTalk

Can Fin Homes revamping top management; new CEO before end of Dec. Mortgage lender may raise equity capital before closing Q4 of FY23

Quash Pernod bid to halt lawsuit against 4 mn tax demand: Govt to court. Oct 3 Mumbai court filing by India's customs authority underlines growing dispute between PM Modi's government and Pernod's local unit over how the company valued some of its imports for over a decade

Nestle India's profit rises 8.3% to Rs 668 cr in Q2, tops estimates. The Maggi noodles maker's profit rose 8.3% to Rs 668 crore (.1 million) in the quarter ended Sept. 30

Prestige Estates Q2 sales bookings rise 66 pc; H1 bookings jump over 2-fold. Realty firm Prestige Estates Projects Ltd's sales bookings rose 66 per cent year-on-year to Rs 3,511 crore in the second quarter of this fiscal on higher demand despite a rise in home loan interest rates. Prestige Group has registered sales of Rs 3,511 cro

NSE Indices floats consultation paper on index rules. NSE Indices Ltd, a subsidiary of National Stock Exchange, is planning to change the methodology of merger and demerger of index constituents for equity indices to avoid big churnings, which happens in the current system. This comes ahead of the proposed me

Porsche India reports 37% rise in sales to 193 units in third quarter. Luxury car maker Porsche India on Wednesday reported about 37 per cent rise in its sales to 193 units for the third quarter of 2022. The company had retailed a total of 141 cars in the third quarter of 2021, according to Porsche India. Retail sales of 193

SpiceJet announces revised salary structure, raise for its Captains. SpiceJet has announced a revised salary structure for its Captains increasing their monthly remuneration to Rs 7 lakh-a-month for 80 hours of flying.

Mother Sparsh gets second investment from ITC, eyes Rs 100 cr in Series B. Announcement comes on heels of Mother Sparsh's entry into the diaper segment with the launch of Plant-Powered cloth diapers. The firm had raised Rs 20 crore in Series A from ITC last November

RHI Magnesita India acquires Hi-Tech's refractory business for Rs 621 crore. RHI Magnesita India Limited on Wednesday said it has acquired the refractory business of Hi-Tech for Rs 621 crore in an all-cash deal. RHI Magnesita India Ltd is the leading global supplier of high-grade refractory products used by major industries, includ

UltraTech Cement's Q2 net profit falls 42% to Rs 759 cr; net sales rise 16%. Aditya Birla group firm UltraTech Cement Ltd on Wednesday reported a decline of 42.09 per cent in its consolidated net profit at Rs 758.70 crore for the second quarter ended on September 30, 2022. The company had posted a net profit of Rs 1,310.34 crore in

CG Power Q2 net profit falls 11% to Rs 179 cr; total income rises 16%. CG Power and Industrial Solutions on Wednesday reported 11 per cent decline in consolidated net profit at Rs 178.97 crore for September quarter 2022-23. The company logged a profit of Rs 201.78 crore in the quarter ended September 30, 2021, a BSE filing st

Game streaming co Rooter to host India's biggest cricket eWorld Cup event. Tournament to run from from Oct 16 to Nov 13, coincide with ICC Men's T20 World Cup

Vedanta arm Balco wins bid for 900 mn tonne coal block in Chhattisgarh. Vedanta Ltd on Wednesday said that its arm Balco has won the bid for a coal block in Chhattisgarh. The company emerged as successful bidder for the mine during the fourth round of commercial coal mine auction conducted by the government. "The coal block is

Global financial crisis not to hit India's logistics sector: TVS SCS. Firm's CEO K Sukumar indicates that the rise in domestic consumption and growth in end-user industries has insulated the sector from the meltdown

Top headlines: UltraTech Q2 net falls 42%; rupee breaches 83 per dollar. Besides, rising crude prices in the international markets and risk-averse sentiment among investors weighed on the local currency, traders said

IndusInd Bank's Q2 net profit jumps 60.5% to Rs 1,787 cr, beats estimates. Gross bad loans as a percentage of total loans, a measure of asset quality, eased to 2.11% at the end of September, from 2.35% at the end of June

FMCG major Nestle enters into D2C space, launches online platform. FMCG major Nestle India on Wednesday launched its own Direct-to-Consumer (D2C) platform, foraying into the fast-growing online channel. The company would launch its D2C platform MyNestl in Delhi-NCR and will expand to other parts of the country, said Nestl

Diagnostic cos revenues to decline 7% in FY23 as Covid tests fall: Crisil. A fall in Covid-19 tests will lead to an up to 7 per cent dent in diagnostic companies' toplines in FY23, rating agency Crisil said on Wednesday. The fall in revenues in FY23 will come after a handsome 30 per cent growth in FY22 on higher testing, the agen

Polycab India's Q2 net profit jumps 37% at Rs 270 cr, revenue up by 10.83%. Wires and cables manufacturer Polycab India (PIL) on Tuesday reported a 36.72 per cent growth in consolidated profit during the September quarter at Rs 270.45 crore. The company's profit stood at Rs 197.80 during the corresponding quarter of 2021-22, it sa

L&T Tech Services' Q2 net profit grows 23% to Rs 282 cr; revenue up 24%. IT company L&T Technology Services on Tuesday posted a 22.7 per cent growth in consolidated net profit to Rs 282.4 crore for the second quarter ended September 2022. The company had reported a net profit of Rs 230 crore in the same period a year ago. The c

Lulu Group to invest Rs 3k cr to set up India's biggest mall at Ahmedabad. UAE-based billionaire Yussuf Ali's Lulu Group International is entering Gujarat, where it would invest Rs 3,000 crore to set up India's biggest shopping mall at Ahmedabad, a company official said. The construction of the Rs 3,000-crore shopping mall, which

TV18 Broadcast Q2 profit down 95.5% to Rs 10.28 cr; revenue up 12.6%. Media firm TV18 Broadcast Ltd on Tuesday reported a 95.55 per cent decline in its consolidated net profit to Rs 10.28 crore for the second quarter ended September 30, 2022. The company had posted a net profit of Rs 231.40 crore for the July-September perio

Tata Motors bags order for 200 e-buses; to be deployed in Jammu, Srinagar. Tata Motors on Tuesday said it has received an order for 200 electric buses which will be deployed in Jammu and Srinagar. The Mumbai-based auto major has won the tender of 200 electric buses floated by Jammu Smart City Ltd, it said in a statement. The auto

Shardeum raises mn in seed round from a clutch of 60 investors. WazirX founder Nischal Shetty, also co-founder Shardeum, says crypto world needs to work with regulatory bodies

PhonePe revenue up 138% to Rs 1,646 cr; losses narrow to Rs 671 cr in FY22. Better revenue was primarily driven by robust growth across all businesses; contribution margin grew to 88% from 84% the previous year

Adani Group buys Air Works, forays into aircraft maintenance business. The MRO firm, which has six investors, received its first external funding from GTI Group and Punj Lloyd in 2007

Air quality-driven construction ban may delay realty projects in Delhi-NCR. 568,000 housing units are under various stages of completion. Periodic bans by NGT, govt, or apex court in response to poor air quality have serious consequences, say experts

ICICI Lombard Q2 net up 32% to Rs 591 cr on reversal of tax provision. Gross direct premium income up 17% to Rs 5,185 cr; combined ratio, which indicates underwriting discipline, stable at 105.1%

Invesco sells 5.5% stake in Zee for Rs 1,396 cr at Rs 263.7 a share. Morgan Stanley, Citigroup, Bank of America, Abvendus, ICICI Prudential MF were some of the buyers

Jio topples BSNL to become largest fixed-line service provider in August. Private telecom operator Reliance Jio toppled state-run BSNL in August to become the largest fixed-line service provider in the country, according to a Trai report released on Tuesday. This is the first time since the beginning of telecom services in the c

Festivities push FMCG sales up 11% in first two weeks of October. Sales were down in September due to weak rural demand

Running airline in JV a challenge, says Air India CEO Campbell Wilson. 'Air India already has scale... we are not doing this from scratch. We are doing this from a running start', said Wilson

India Inc's freshers' hiring intent surges 61% in HY22, says report. Freshers' hiring intentions have increased to 61 per cent for the July-December 2022 period as employers across India look to hire due to the accelerated rate of tech and digital advancements, according to a report. There is a more than threefold increase

Nissan lines up three SUVs for India entry; X-Trail launch confirmed. Juke, which was also showcased on Tuesday, is currently being evaluated for the Indian market

Tata Starbucks opens 1st Reserve store in Mumbai for premium services. Tata Starbucks, which has completed a decade of operations in a checkered manner in terms of profitability and expansion, on Tuesday announced the launch of its first Reserve store here. Tata Starbucks, which currently operates 300 stores across 36 cities

Jio overtakes BSNL to become largest landline service provider in August. Largely dominated by BSNL and MTNL, the number of landline connections declined from 36.76 million in 2010 to 20.58 million in 2020

Tea Board modifies order on blending imported with Indian varieties. The Tea Board, in its notification, has kept the sanctity of GI intact and allowed blending only for teas not claiming the GI mark

Sojitz Corp sells 2.83% stake in Samvardhana Motherson for Rs 825 crore. Sojitz Corporation on Tuesday divested 2.83 per cent stake in auto component major Samvardhana Motherson International for Rs 825 crore through an open market transaction. According to the bulk deal data available with the BSE, Sojitz Corporation offloaded

Tech Mahindra to hire 3,000 people in Gujarat over next five years. Country's fifth largest IT services exporter Tech Mahindra on Tuesday announced it will be hiring 3,000 people in Gujarat over the next five years. The company's current staff strength in Gujarat could not be immediately ascertained. It signed a Memorandum

Dealmaking activity severely hit in Sept qtr; down 66% by value: Report. Corporate deals, including mergers and acquisitions and venture funding, were down 66 per cent by value to USD 10.22 billion in the September quarter, a report said on Tuesday. By volumes, the deals were down by 25 per cent to 450 transactions during the q

Tech Mahindra to expand in Gujarat, will hire 3,000 people in five years. As part of NXT.NOWâ„¢ framework, Tech Mahindra focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of its customers

Telecom gear maker HFCL's Q2 net profit remains flat at Rs 84.31 crore. Domestic telecom gear maker HFCL's consolidated net profit remained flat at Rs 84.31 crore for the quarter ended September 30, 2022, as per a filing. The company had posted a net profit of Rs 85.94 crore in the same period a year ago. The consolidated reve

Tata Communications' net profit grows 25% to Rs 532 crore in July-September. Tata Communications on Tuesday reported a 25 per cent increase in its consolidated net profit at Rs 532.29 crore in the July-September quarter of the current financial year. The company had recorded a net profit of Rs 425.38 crore in the same period a year

Ambuja Cements allots 477-million warrants to Adani family firm. Ambuja Cement, now a part of Adani Cement, has issu­ed the warrants at a price band of Rs 418.87

IRFC profits nearly doubled under outgoing CMD Amitabh Banerjee. Banerjee joined IRFC in 2019 after serving as the director of finance at Konkan Railways

Centre to infuse Rs 5,000 crore in state-run general insurers: Report. On October 14, the finance ministry notified the wage revision plan for officers and employees of state-run insurers which is expected to cost Rs 8,000 crore to these companies

Parle in talks to acquire Polish biscuit brand dr Gerard, says report. dr Gerard was launched in 1993 and has over 200 varieties of biscuits and salty snacks. In 2013, it was acquired by Bridgepoint for an undisclosed sum

Musk's SpaceX seeks DoT's nod for Starlink broadband-from-space services. Bharti Group-backed OneWeb and Reliance Jio have already received DoT's approval for GMPCS licences

NMDC set to call for EoI for appointment of consultant for mining license. : State-owned NMDC Limited has said it is taking the first step for obtaining a Mining License (ML) to start operations at a gold mine in Andhra Pradesh. NMDC takes the first step for obtaining Mining Lease & executing the ML deed to start the mining opera

D2C meat brand Pescafresh to expand presence in Bengaluru, Gurugram. Will set up processing units conforming to HACCP and FSSAI standards at both locations by November

USFDA issues four observations to Alembic Pharma's Panelav plant. Alembic Pharmaceuticals Ltd on Tuesday said the US health regulator has issued a Form 483 with four procedural observations after inspection of its oncology injectable formulation facility at Panelav in Gujarat. As per the US Food and Drug Administration (

ONGC Videsh making a proposal to retake 20% stake in Russia's Sakhalin-1. ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corporation (ONGC), is making a proposal to retake 20 per cent stake in Russia's Sakhalin-1 oil and gas project in the far east, sources said. Russian President Vladimir Putin earlier thi

Centre seeks waiver in key norm for IDBI Bank stake sale: Report. Govt has reportedly asked SEBI if it can classify the govt, LIC's remaining stake of about 34% after the sale as public float, which will help the new buyer meet the minimum public shareholding norm

Down 66% YoY, total deal value in Q3FY23 second lowest since 2017: Report. According to Grant Thornton Bharat's Dealtracker September 2022 report, a total of 450 deals worth .2 billion were recorded in Q3FY23, 25 per cent below the 600 deals recorded in Q3FY22

Air India aims 30% international mkt share in 5 years: CEO Campbell Wilson. Air India chief Campbell Wilson on Tuesday said the airline aims to have 30 per cent share in both domestic and international markets in the next five years. Currently, the loss-making carrier, which was taken over by Tata group in January, has put in plac

NCLT extends Reliance Capital resolution process deadline to Jan 31. The National Company Law Tribunal (NCLT) has for the third time extended the deadline for debt-ridden Reliance Capital's resolution process to January 31. The earlier deadline was November 1, 2022. This is the third extension as the timeline has been exten

Corporate funding in global solar sector falls 18% to .7 bn: Report. Corporate funding in the global solar sector declined by 18 per cent year-on-year to USD 18.7 billion in January-September 2022, according to a Mercom Capital report. Corporate funding includes venture capital and private equity (VC), debt financing, and p

GMDC's Q2 net profit surges nearly four-fold to Rs 151 crore. State-owned GMDC on Tuesday reported nearly four-fold rise in its consolidated profit at Rs 151.2 crore for the quarter ended September 30, 2022. The company had posted a consolidated profit of Rs 40.4 crore in the year-ago period, Gujarat Mineral Developm

Ministry of Corporate Affairs nominates two directors on board of IL&FS. The Ministry of Corporate Affairs (MCA) has nominated two directors -- G Mahalingam and Deepak Mohanty -- on the board of IL&FS. The appointment of these two directors has been approved by both the MCA and National Company Law Tribunal. When contacted, IL&

NCLT extends Reliance Capital debt resolution deadline to January. This is the third deadline extension as the lenders seek better offers from the bidders

Adani Defence and Aerospace to acquire Air Works for Rs 400 cr. Air works is the oldest MRO in India with presence across 27 cities, 6 maintenance bays and 900-plus maintenance experts

China's zero covid strategy could impact India's consumer durable industry. White goods have 25-75 per cent of their components coming from China, with air-conditioners being the most dependent on them with 75 per cent.

What is wet and dry lease of aircrafts?. Through the Gift City special zone in Ahmedabad, India is trying to become a global hub for aircraft leasing. But why do most airlines prefer leasing aircraft rather than buying them? Let's find out

Byju's raises 0 mn from existing investors, valuation remains at bn. Regardless of the adverse macroeconomic conditions, Byju's founder Byju Raveendran said 2022-23 is set to be the best year in terms of revenue, growth and profitability

Indian IT companies cut hiring amid US, Europe recession fears: Report. Several CEOs of IT companies in India have said that companies need to be cautious amid macroeconomic uncertainties

IRB Infra soars 10%, most among A-group stocks, after 3x price target. Debt reduction, renewed govt focus on BOT projects, attractive valuations and strong revenue growth forecasts could lead to a re-rating of the stock

Zydus Lifesciences gets USFDA nod for generic Valbenazine, Roflumilast. Zydus Lifesciences on Monday said it has got tentative approval from the US health regulator to market its generic versions of Valbenazine capsules and Roflumilast tablets. Valbenazine capsules are indicated for the treatment of tardive dyskinesia (uncontr

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