Wed, Nov 6, 2024 11:22 AM
Trump Media share price surge 40% overnight on Robinhood
A Flip by Shubhangi Gupta
Two homegrown healthcare companies, backed by private equity firms General Atlantic and TPG, have received approval from capital markets regulator Securities and Exchange Board of India (SEBI) to go ahead with their initial public offerings. Draft papers filed by pharmaceutical contract research and development player (CRDMO) Sai Life Sciences, backed by TPG Capital.
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Chief minister M K Stalin on Tuesday inaugurated a new IT park on the ELCOT (Electronics Corporation of Tamil Nadu) premises at Vilankurichi in the city.Spread over an area of 2.94 lakh sq ft and constructed at a cost of Rs 158.32 crore, the new IT park is expected to provide employment opportunities to 3,500 people.
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Shares of agro-chemical firm Dhanuka Agritech Ltd. were trading with gains of up to 8% on Wednesday after the company posted strong results, driven by gross margin expansion. The stock hit an intraday low of ₹1,510.10 and an intraday high of ₹1,625 today. Net profit for the second quarter increased by 15.5% year-on-year to ₹117 crore, while revenue grew by 6% from the year-ago period to ₹654 cr.
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