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Camlin Fine Sciences rallied 4.58% to Rs 172.55 after the company said it will purchase 69.33% in AlgalR NutraPharms.On 15 May 2021, a special committee of the board of Camlin Fine Sciences approved strategic investment in AlgalR NutraPharms (AlgalR) by way of acquisition of equity shares amounting to 69.33% of the existing paid‐up share capital. The committee has also approved subscription to the equity shares of AlgalR. Upon consummation of the secondary purchase and primary subscription, the company will hold 80% of the paid‐up capital of AlgalR on a fully diluted basis. The company wi...

The equity barometers continued to hover near the day's high in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, soared 603.51 points or 1.24% at 49,336.06. The Nifty 50 index added 175.25 points or 1.19% at 14,853.05. HDFC Bank (up 2.58%), ICICI Bank (up 3.55%) and Housing Development Finance Corporation (HDFC) (up 1.91%) boosted the indices. In the broader market, the S&P BSE Mid-Cap index rose 1.23%. The S&P BSE Small-Cap index gained 1.27%. Buyers outpaced sellers. On the BSE, 1,970 shares rose and 1,043 shares fell. A total of 211 shares were unchanged. Foreign por...

Nifty, Sensex may continue to rally – Monday closing report Moneylife Digital Team  0 We had mentioned in previous week’s closing report that Nifty, Sensex may rally. On Monday, the indices opened rallied and closed with major gains. On the NSE, there were 1,333 advances, 627 declines and 339 unchanged.   The trends of the major indices in the course of Monday’s trading are given in the table below:     Bharti Airtel reported a net profit of Rs 759.2 crore against a loss of Rs 5,237 crore in the year-ago period. Total revenue came in at Rs 25,747 crore, up 17.6% YoY.   Colgate Pal...

: Monday, May 17, 2021, 12:47 AM IST Stocks to watch today: L&T, SKF India, Camlin Fine Sciences, Cipla, Aditya Birla Capital, Bata India, Escorts, Thyrocare, Shriram City Union, Hero MotoCorp among others Stocks to watch today: L&T, SKF India, Camlin Fine Sciences, Cipla, Aditya Birla Capital, Bata India, Escorts, Thyrocare, Shriram City Union, Hero MotoCorp among others Some companies happened to perform well despite COVID-19 and subsequent lockdown. So, those companies can be of investors' interest. Here is the list of stocks for Monday: Camlin Fine Sciences: Mumbai-based Camlin Fine Scie...

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