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Traders in single-stock futures and options may soon have to set aside higher margins, with the Securities and Exchange Board of India (SEBI) examining a...
Earlier, the company secured an exemption for its shares from SEBI. Gland Pharma’s 3.87 shares were locked by Enforcement Directorate (ED) for a period of one year. The lock-in of shares was imposed by ED in the Satyam Computers fraud case.
The company is yet to reveal details of the rights issue, including price and entitlement ratio. Shares of L&T Finance Holdings Ltd were trading 0.37 per cent lower at Rs 67.35 apiece on the BSE.
On the account of robust sales, the drug firm Divi's Laboratory reported a rise in consolidated net profit of 45.63 percent to Rs. 519.59 crore for the second quarter.
Post Democrat Joe Biden’s victory in the US Presidential Election 2020, the positive global cues have steered the Indian market on Monday.
In contrast, the valuation of Reliance Industries dropped by Rs 17,141.77 crore to Rs 13,72,017.43 crore. During the last week, Sensex soared 2,278.99 points or 5.75 per cent.
The biggest driving factors behind the double-digit growth during the second quarter were the improved demand for Active Pharmaceutical Ingredient
Earlier, the gas distribution company reported a sharp hike in standalone net profit taking it to Rs 475 crores for the second quarter which ended in September 2020. The profit is multiple times higher quarter on quarter basis.
This step comes at a time when greater efforts are being made by Chinese policymakers to prevent systemic financial risks and curb rising debt