Shares of Alembic Pharmaceuticals Ltd rallied more than 12 per cent on Monday after the company received final approval from the US Food and Drug Administration (USFDA) for its generic Doxorubicin Hydrochloride Liposome Injection, a cancer treatment drug. The stock climbed to an intraday high of Rs 1,086.7 on the NSE. Over the past month,…
The shares of Adani Power have shown an impressive rally, surging 13.8% this week to a high of Rs 605 on the BSE today. This surge is driven by high trading volumes in the stock. Today alone, the stock climbed 4.7% on the BSE in intraday trade. As of 10:50 a.m., the stock’s total traded…
Stocks to buy for long term: Several domestic brokerage firms have shared their latest stock recommendations from different sectors, including banking, financial services, and retail. Analysts at Geojit BNP Paribas, Mirae Asset Sharekhan and Motilal Oswal Financial Services have suggested buying 6 largecap, and 1 smallcap stocks that can generate profits in long term. Stocks…
Stocks To Buy: On Wednesday (June 25), domestic equity markets closed higher marking their second consecutive day of gains amid easing geopolitical tensions and falling crude oil prices. The Nifty 50 closed at 25,244.75, up 200.40 points (0.80 per cent), while the BSE Sensex ended at 82,755.51, gaining 700.40 points (0.85 per cent). Amid this,…
Arisinfra Solutions Listing: Shares of construction and infrastructure solutions firm ArisInfra Solutions Ltd made their debut on Indian stock exchanges today, listing at a discount despite decent interest during its initial public offering (IPO). On the BSE, ArisInfra shares opened at Rs 209.10, reflecting a 5.81 per cent discount to the issue price of Rs 222….
Stocks to buy for long term: Several domestic brokerage firms have shared their latest stock recommendations from different sectors, including a wind energy solutions provider, a finance service, apparel manufacturer. Analysts at Axis Direct, Mirae Asset Sharekhan, Ventura Securities, Motilal Oswal, Mirae Asset Sharekhan, and Anand Rathi have suggested buying 3 largecap, and 2 midcap…