CIPLA TECHNOLOGIES

Cipla ups investment in point-of-care testing firm Achira Labs

Cipla has announced further investment of up to Rs 26 crore in Achira Labs, a company specializing in point-of-care medical test kits. This investment will be made in four tranches, contingent upon the achievement of specific milestones. After the first tranche, Cipla will hold 27.27% of the total voting rights in Achira. This decision follows Cipla's initial acquisition of a 21.05% stake in Achira Labs in June 2022. Achira Labs, based in Bengaluru, focuses on developing and commercializing regulatory-approved medical diagnostic products using microfluidic technology.

These 6 F&O stocks saw a high increase in futures open interest

Adani Ports, Cipla among 5 stocks with short buildup

A short buildup is when there is a rise in open interest and volumes along with a decrease in the price of the underlying stock in the Futures and Options segment. Short buildup means more people are expecting the prices to go down and creating short positions. In Tuesday’s trading session, five stocks witnessed a build of fresh short positions. Here's the list:

This tax-saving ELSS fund gave 14.3% returns in five years; should you invest?

Axis ELSS Tax Saver Fund: This fund has undergone a shift in its investing stance in recent years. The big change is in the form of a more diversified portfolio (currently around 60 stocks), against the earlier preference for a compact portfolio of around 40 stocks. This has also reduced the heavy concentration at the top end of its portfolio, with the fund diluting positions in its top bets. It has also sizeably hiked its presence in mid-cap stocks, even as it retains a large-cap tilt. Should you invest?

Investing in Healthcare Index Funds or ETFs for Future Financial Security

"A number of factors confluence to make India a pharmaceutical powerhouse, some of them being the regulatory framework, lower production costs, and the skilled pool of manpower comprising scientists, researchers, engineers and professionals," said Chintan Haria.

Block deals worth over Rs 10,851 crore this week. Tata Technologies, Adani Ports among stocks with major action

The leader in the midcap segment was Gland Pharma with deal size standing at Rs 1,559 crore followed by Tata Technologies (Rs 400 crore), Fortis Healthcare (Rs 185 crore) and IDFC First Bank (Rs 177 crore).

PPFAS Flexicap Fund bought 8.8 lakh shares of ITC amid BAT stake sale in March

In February, PPFAS had around 30 stocks in its equity portfolio which declined to 29 in March.

Zomato, SBI, ITC among Motilal Oswal’s top 11 largecap picks

Nifty is currently trading at a 12-month forward PE of 19.4x versus LPA of 20.3x. Motilal Oswal selects 11 largecap stocks as its top ideas, Of these two are non-Nifty players

PLI schemes attract over Rs 1.06 lakh crore investment till Dec; pharma sector gets major chunk

PLI schemes across sectors attracted significant investments by December 2023, notably in pharma and solar industries. While some sectors thrived, others like IT hardware, auto, and textiles faced tepid interest, prompting a review for scheme improvements.

IT bluechips drag Sensex over 400 points lower, Nifty below 21,950

Despite losses, the Nifty breadth remained positive with 31 stocks trading in the green while remaining 19 in the red. The top five losers were all IT counters viz. HCL Technologies, Infosys, Tata Consultancy Services (TCS), Wipro and LTIMindtree while the top gainers were Sun Pharmaceuticals, Cipla, UPL, Bharti Airtel and Titan Company.

Engrail Therapeutics raises $157 million in funding from F-Prime Capital, others

The proceeds of the fund raise will help to support advancement of Engrail’s pipeline for neuropsychiatric and neurodevelopmental disorders

BluSmart appoints Google's Aditi Shukla as president of corporate development

At BluSmart, Aditi Shukla will lead strategic initiatives across fundraising and strategic partnerships, and will work closely with the startup’s cofounders on growth opportunities. BluSmart also has an EV charging infrastructure network.

Fantastic 4 women mutual fund managers betting on these top 13 stocks

Adept at managing funds across the spectrum, Roshi Jain currently manages three strategies at HDFC AMC with assets totaling Rs 70,400 crore.

Ahead of Market: 10 things that will decide D-Street action on Monday

"We suggest maintaining a positive yet cautious stance as Nifty is set to retest its record high. Needless to say, we need sustainability above 22,150 to end the consolidation and march towards the 22,500+ zone else profit-taking may resume," said Ajit Mishra, Religare Broking.

Motilal tweaks FY25 earnings outlook of Tata Motors, ITC and 8 other companies after Q3 show

The aggregate earnings of the companies in the MOFSL universe exceeded expectations and rose 29% year-on-year (YoY) versus an estimated 19%. Earnings for the Nifty-50 jumped 17% YoY versus an estimated 11%.

Balkrishna Industries, Dixon Technologies among 5 stocks with top short-covering

Short covering refers to the buying of shares in order to close an existing short position or a position that has been sold. Short covering signals a shift in view on a security from extreme bearishness to bullishness. In Monday's trading session, five stocks saw top short covering. Here's the list:

Stock market holiday: BSE, NSE to remain shut on Monday on account of Gurunanak Jayanti

In the entire calendar year, the market has 15 annual holidays in 2023, two more than last year. This year four market holidays fell on Saturdays and Sundays which are non-trading days in a week. Mahashivratri, Id-Ul-Fitr (Ramzan Id) and Muharram were observed on Saturdays and Diwali on Sunday

Gainers & Losers: Bajaj Finance, MMTC among 5 stocks in spotlighton Wednesday​

​Indian frontline indices ended with losses on Wednesday led by selling pressure in banking & financial, IT and commodity stocks. The S&P BSE closed at 65,877, down 551 points or 0.83%.

Divi's Laboratories, HCL Technologies among 10 Nifty stocks with golden crossover pattern

Discover the power of the Golden Crossover as ETMarkets examines 10 stocks that have recently experienced this bullish pattern. Uncover why the Golden Crossover is a vital tool for assessing stock movements and making informed investment decisions.

Only 9 Nifty stocks give double-digit returns in Q2; can largecaps find favour in Q3?

The Nifty 50 net gained about 2% in the current quarter, compared to the 10% gains it clocked in the June quarter. Nine of its 50 constituents gave 10-26% returns in the September quarter. Of these 9 constituents, three are public sector companies. The nine stocks are Coal India, NTPC, Larsen & Toubro, Oil and Natural Gas Corp, Cipla, Tata Steel, Adani Ports and Special Economic Zone, Hindalco Industries, and Grasim Industries.

Cipla, Eicher Motors among 10 Nifty stocks with golden crossover pattern

On September 28, Thursday, Trendlyne identified over 40 Nifty stocks that have recently formed the Golden Crossover pattern. ETMarkets spotlights 10 of these stocks, explaining the significance of this bullish pattern and its implications for investors.

Coal India, HCL Technologies among 10 Nifty stocks with golden crossover pattern

This article explores the significance of the Golden Crossover and why it's essential for investors to assess stock movements based on this pattern. Join us as we analyze 10 stocks that recently experienced the Golden Crossover, offering insights for your investment decisions.