Tag: Market

Nifty Pharma in a steep nosedive, index dips 430 pts as Dr Reddy’s slump 8% after Q1; Aurobindo, Cipla, Lupin drag too

Pharma stocks were in a steep fall on Thursday led by a broad-based selloff frenzy, especially in heavyweights. June 2021, vaccination drive and active Covid-19 cases are shaping markets outlook for this sector. The Nifty Pharma index has slipped to at least nearly 435 points with an intraday low of 14,246.15 today. The index traded […]

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Hindustan Copper registers net profit of Rs109.98cr in FY20-21

Hindustan Copper Limited (HCL), a CPSE under the Ministry of Mines, Government of India declared their annual results for FY 2020-21. The results have reflected a turnaround story. In spite of the Covid-19 pandemic, the company has been able to achieve a total income Rs1821.61cr in FY 2020-21 as compared to Rs888.81cr in FY 2019-20. The […]

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IndusInd Bank launches a comprehensive digital lending platform ‘IndusEasyCredit’

IndusInd Bank on Thursday launched ‘IndusEasyCredit’, a comprehensive digital lending platform that enables customers to meet their financial requirements from the comfort of their homes. With this, both existing, as well as non-IndusInd Bank customers, can instantly avail of personal loans or credit cards on a single platform in a completely paperless and digital manner. […]

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Nifty Pharma extend losses with all stocks in red; Divis Lab, Torrent Pharma, Cadila, Dr Reddy’s, Sun Pharma weighing

Pharma stocks were the only laggards of Tuesday’s session shrugging off the trend of the bullish market. The bears hovered in the sector after the government revised the Remdesivir injection export policy. All stocks listed on Nifty Pharma were in the red with heavyweights taking a huge toll. At around 2.56 pm, Nifty Pharma was […]

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Nifty Pharma at fresh record highs with all stocks in green; Divis Lab, Cipla hit new 52-week high; Dr Reddy’s, Lupin, Cadila add to gains

Pharma company stocks were trading near record-high levels with India witnessing less than 1 lakh Daily New Cases for the 3rd successive day on Thursday. New Covid-19 vaccination guidelines along with an improved decline in the virus cases have taken pharma stocks on a bull run. In the early deals, Nifty Pharma clocked a fresh […]

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Equitas Small Finance Bank collection efficiency stands at 77.84% in May

Equitas Small Finance Bank said in the filing on Friday that its collection efficiency stood at 77.84% in May 2021 as against 105.16% in April 2021 and 108.51% in March 2021. Commenting on the collection trends, Mr. P N Vasudevan, Managing Director and CEO of Equitas Small Finance Bank said: In view of the lockdowns […]

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