Markets are trading in the green, with the NIFTY50 above 19,800 as of 12:15 pm. Here are the top stories for the day!
Top gainer: Adani Enterprises: 2,213 ▲63 (+2.9%)
Top loser: NTPC: 249 ▼ 1.1 (-0.4%)
Talbros Automotive gains on order win
Talbros Automotive stock rose more than 15% today. Shares of the auto component maker have zoomed 40% in the last two trading sessions after receiving new multi-year orders worth ₹580 crores from domestic and overseas customers.
Adani Group stocks shine
Shares of the Adani Group companies witnessed a substantial rise today. Adani Enterprises rose more than 3% after its subsidiary Mumbai Travel Retail incorporated another subsidiary, MTRPL Macau Ltd., to set up tobacco shops at Macau International Airport.
Strides Pharma gets USFDA nod
Shares of the pharma company rose more than 3% today. This comes after Strides Pharma Science announced its step‐down subsidiary, Strides Pharma Global Pte. Limited has received approval for levetiracetam oral solution from the United States Food & Drug Administration (USFDA). As per IQVIA, levetiracetam oral solution has a market size of $55 million.
Kirloskar Electric rallies on Bengaluru unit restarts
Shares of the electric engineering company rose more than 6% today. The management withdrew the lockout at the company’s unit no. 15 situated in Bengaluru. The company has requested all workers to report to work.