Unichem Lab News Today

Unichem Laboratories noted that 4918 equity shares representing 0.02 percent holding in Optimus Drugs were sold

On Monday, 2025 stocks advanced, 1661 declined and 201 remained unchanged, with an advance decline ratio of 1.22 on the Bombay Stock Exchange (BSE), indicating a positive closing of stocks in broader markets. Strong results in the pharma and IT industries helped the Indian market start the week with modest gains. The market was cautious due to the upcoming release of inflation data and the RBIs monetary policy.

On Wednesday, 2028 stocks advanced, 1560 declined and 155 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.3 indicating a positive closing of stocks in broader markets. As investors anticipated inflation data for both India and the US, the domestic market began to take a defensive attitude. The markets mood was impacted by Chinas deflationary trend and the downgrading of US mid and small-sized banks. However, a good uptick in the European market and the e...

Vedanta stood at the top spot in terms of deal size with Twin Star Holdings selling stake worth Rs 3,983 crore. Copthall Mauritius, Societe Generale bought stakes worth Rs 2,194 crore and Rs 761 crore, respectively, in the metal major.

Nestle India, Bajaj Auto, Tata Consumer Products, AU Small Finance Bank, HDFC Asset Management, Dalmia Bharat, and Mahindra Lifespace will be among the stocks in focus as they will be declaring their March quarter earnings today.

Stocks to watch: Shares of firms like Nestle, Bajaj Auto, LIC, Vedanta, Airtel, Crompton Greaves, and others will be in focus on Tuesday's trade.

Ipca is also making an open offer to the public equity·shareholders of Unichem to acquire from them up to 26% of the fully diluted outstanding equity share capital at a price of Rs 440 per share

On Monday, shares of IPCA closed 1.7% lower and Unichems shares ended 3% higher, prior to the announcement of the acquisition

On Monday, 695 stocks advanced, 2915 declined and 147 remained unchanged on the Bombay Stock Exchange (BSE), with advance decline ratio of 0.24, indicating a negative closing of stocks in broader markets

In domestic markets, last week had been a busy one and new developments kept investors on their toes as the Monetary Policy Committee announced its maintained s