The stock dipped 9% to Rs 681.20 and was below its issue price of Rs 744 on the BSE.
Biocon said its subsidiary Biocon Pharma has received approval of its ANDA for Posaconazole Delayed-Release tablets from the US FDA.
The company's IPO saw strong response from investors and had been subscribed 17 times. The issue had received bids for 212.88 crore shares against the offer size of 12.25 crore shares.
In Q3FY22, TVS Motor registered highest-ever operating Ebitda of Rs 568 crore, while margin improved 50 bps at 10 per cent from 9.5 per cent YoY
India has so far administered 1,702,172,615 vaccine doses. That is 4020.28 per cent of its total caseload, and 121.49 per cent of its population
At 10:05 am, Adani Wilmar traded at Rs 244, a 6 per cent premium when compared to its issue price of Rs 230 per share.
According to Mehul Kothari of Anand Rathi, traders can accumulate V-Guard Industries share in the range of 222 - 218 with a stop loss of 210 for an upside target of 236 in coming 1 - 2 weeks.
Bata India, Bharti Airtel, Data Patterns, Escorts, Godrej Consumer, Greaves Cotton, Gujarat Gas, IRCTC, J&K Bank, Jindal Steel, Latent View, NMDC, SJS Enterprises and TTML to report results today.
Some of Adani Group's listed stocks have soared more than 600% in the past two years on bets his push into green energy and infrastructure will pay off.
IndiGo swung back into profit, posting a PAT of Rs 129.79 crore in the December quarter, after registering seven consecutive quarters of loss
While those at Goldman Sachs have upgraded the stock to buy with a target price of Rs 1,460, analysts at Macquarie maintain an underperform rating with a 12-month target price of Rs 700 on the counter
If the oil prices rise up to $105 - $110 per barrel, a 10 per cent fall in the Sensex and Nifty is possible, say analysts
Shares of State Bank of India (SBI) and Bank of Baroda (BoB) jumped 3 per cent and 9.7 per cent, respectively, in intra-day trade on Monday, and hit fresh record highs of Rs 547 and Rs 117 apiece
FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts
The high spirits on the budget were short-lived as the global concerns have began weighing on equities.
HDFC, HDFC Bank, HDFC AMC and HDFC Life were underperforming the market by falling in the range of 3 per cent to 4 per as against a 1.7 per ent decline in the S&P BSE Sensex.
The company's board is scheduled to meet on Wednesday, February 9, 2022 to discuss and consider the proposal for raising of funds.
The Nifty PSU Bank index climbed to a fresh two-year high even as the NSE benchmark slipped a per cent.
Shares of Bank of Baroda can jump 15% as it claimed a new 52-week high
In the past six months, the stock has shed nearly 30 per cent, as compared to a 7 per cent rise in the S&P BSE Sensex.
ICSE, ISC Result 2022: CISCE has declared ISC and ICSE result 2022 for first semester on its website cisce.org. To know how to check ICSE results via SMS or website cisce.org, follow Business Standard
India has so far administered 1,696,380,755 vaccine doses. That is 4013.01 per cent of its total caseload, and 121.07 per cent of its population
The company's board will meet on February 9, 2022 to consider the proposal for buyback of equity shares of the company through tender offer route.
Castrol, Indian Bank, Nalco, PolicyBazaar, Tarsons Products, Tube Investments of India, TVS Motor and Union Bank of India are some of the prominent companies to announce result today.
She had over 30,000 songs to her name and was awarded Bharat Ratna, India's highest civilian honour, in 2001.
With the required runs in single digit, Bana decided to finish it in style and hit two consecutive sixes to take the team home to its 5th World title.
The FY23 Budget has proposed to introduce section 135AA in the customs act through the Finance Bill for "protection of data".
Legal experts contend that the CEO cannot be removed from the board on the sole demand of Ashneer Grover and any such removal can only be done jointly by both the co-founders
The bank reported PAT of Rs 1,061 crore in the year-ago period
Modi is in Hyderabad to kickstart the 50th anniversary celebrations of ICRISAT
The bank's gross bad loan ratio, a measure of asset quality, fell to 4.5% from 4.90% a quarter earlier
Good print across segments and consistency in execution can drive re-rating of ITC from current levels, highlighted Kotak Institutional Equities
This, while Future Retail has sought ten days from Supreme Court to work out a settlement for payment of dues
The two teams Ind U19 and Eng U19 have performed exceedingly well and haven't dropped a single game before making it to the final
Two Platforms is an artificial reality company with focus on building interactive and immersional AI experiences
The OPPO Reno 7 Pro offers a brilliant design language, feature-rich operating system with tons of options for customisation, and several value-added features for improved everyday experience
The airline expects its available seat kilometers to be 10%-15% lower for the December-quarter compared with the third quarter of the current fiscal year
So far three suitors -- the Vedanta group, Apollo Global Management Inc. and I Squared Capital Advisors -- have expressed interest in buying the government's 53% stake in BPCL.
Among the Sensex pack, SBI was the biggest loser as it dropped over 2 per cent. M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC, Power Grid, and RIL were the other losers, all down between 1-1.8 per cent
In Q3, the company has witnessed stronger growth than anticipated in the US, Emerging Markets and RoW.
CEO Elon Musk wants India to lower taxes -- as high as 100% on imported EVs -- to enable the company to first sell vehicles built elsewhere at competitive prices
On February 3, 2022, Vijay Kedia purchased 40,007 equity shares representing 0.70 per cent of total equity of Ambika Cotton Mills for Rs 9 crore.
The company reported lower-than-expected margins and net profit in December quarter due to one-time expenses related to residual metformin returns and provision for aged stock returns of Oseltamivir.
According to analysts, SBI can see continued traction in their operating performance, supported by modest business growth, while BoB may see a weak Q3 earnings show
Sharda Cropchem rallied 8.3 per cent, while Deepak Fertilisers was locked in the 5 per cent upper circuit as the two hit their respective all-time highs on the BSE in Friday's intra-day trade.
The Nifty Metal index can clock a new high, if it manages to cross and sustain above the 6,000-mark.
India has so far administered 1,684,716,068 vaccine doses. That is 4015.75 per cent of its total caseload, and 120.24 per cent of its population
ICICI Securities believes stable taxation on cigarettes would result in high growth in cigarette volumes in the medium term.
In the last two trading sessions, the stock has tanked 16 per cent. The company reported a subdued December quarter as its pre-sales volumes declined 7 per cent YoY and 39 per cent on a QoQ basis.
According to Nandish Shah of HDFC Securities, primary trend is bullish as the stock price is trading above all important short and medium term moving averages.