Weekly market wrap: Sensex slips 492 points; metal stocks defy gravity
The 30-share BSE Sensex declined 491.90 points, or 0.84 per cent, to 58,152.92 for the week ended February 11.
Source: businesstoday.in
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Govt gives approval to four firms under PLI scheme for bulk drugs
Read more about Govt gives approval to four firms under PLI scheme for bulk drugs on Business Standard. The government has given approval to four waitlisted firms under the Production Linked Incentive (PLI) scheme for domestic manufacturing of bulk drugs, an official statement said on Monday.The Department of Pharmaceuticals had launched the PLI
Source: business-standard.com
Solara Active: After rallying 6 times in 3 years, this API maker just got first 'sell' rating
Explore Now NEW DELHI: Solara Active, which has been rallying for three years now, has suddenly got its first ‘sell’ rating. As if on cue, the stock tanked 3.5 per cent in Mumbai trading on Thursday. The stock, which got listed at Rs 288 on June 27, 2018, hit a record high of Rs 1,859 on Wednesday, rising a solid 550 per cent, or 6.45 times, in less than three years. Six brokerages that cover the stock, all still have ‘buy’ ratings. But Antique Stock Broking initiated coverage on it on Thursday with a ‘sell’ rating. It valued the stock at Rs 1,425, giving it an 18 times P/E multip...
Source: indiatimes.com