Piramal Pharma shares jumped 7.35% in today's trading session to a new 52-week high of ₹153.90 apiece, and this was also the stock's highest level in 18 months. They finished the last six out of seven weeks in green, gaining 32% as investors cheered to multiple positive developments.However, despite this recent uptrend, the stock has yet to surpass its IPO price of ₹200.
Open FlipSelling pressure in index heavyweights Reliance Industries (RIL) and HDFC Bank dragged Indian headline indices on Friday. While the S&P BSE Sensex crashed 1,126 points or 1.5% to the day's low of 73,627.99, the broader Nifty 50 plunged 289 points, hitting the day's low of 22,358.65. All sectoral indices are trading with cuts. The market capitalisation of BSE-listed companies.
Open FlipShriram Properties (SPL) has acquired a four acre land parcel in Chandapura, near Electronic City, Bengaluru.The company will develop a residential project encompassing around four lakh sq ft of aggregate saleable area, comprising approximately 350 apartments.This project has revenue potential of over Rs 250 crore and is expected to be developed over the next three years.
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