Today’s top morning headlines - 21st November 2023

Good afternoon,

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%)

:star: 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.

:star: 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.

:star: 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.

:star: 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.