Gateway Distriparks Limited will commence EXIM and domestic container train services at ICD Kashipur from December 04, 2022. The company will operate a fleet of 31 rakes and will run services between ICD Kashipur and the maritime ports of Mundra, Pipavav and Nhava Sheva. Following the publication of this news, Gateway Distriparks' share price gained during early deals today.

India's only integrated manufacturer of polyols, Manali Petrochemicals Limited, has successfully acquired Penn Globe Limited and the transaction was based on an Enterprise Value of GBP 21 million. United Kingdom-based, Penn Globe Limited is a global market leader in foam control agents and similar chemical products. At around 9:19 AM, Manali Petrochemicals Ltd was trading 1.82% up on the BSE.

NMDC shares were trading on a bullish note after the company announced an increase in the prices of lump ores and fines by Rs 300 per tonne effective from November 30, 2022. Following the price revision, Lump Ore (65.5%, 6-40mm) prices manufactured by the company stand at Rs4,100/- per ton and the prices for Fines (64%, -10mm) have been fixed at Rs2,910/- per ton.

The net sales of Shanti Overseas (India) dropped by 55.1% to Rs 2.73 crore in September 2022 from Rs. 6.07 crore in September 2021. The company's net loss rose by 40.19% to Rs. 1.51 crore in September 2022 from Rs. 2.53 crore in September 2021. EBITDA stood negative at Rs. 0.77 crore in September 2022 up 52.17% from Rs. 1.61 crore in September 2021.

Trade Wings reported net sales of Rs 42.08 crore in September 2022 up 137.67% from Rs. 17.70 crore in September 2021. The company's quarterly net profit zoomed by 103.88% to Rs. 0.02 crore in September 2022 from Rs. 0.45 crore in September 2021. EBITDA stood at Rs. 0.76 crore in September 2022 up 137.5% from Rs. 0.32 crore in September 2021.

Shilpa Medicare's manufacturing facility in Telangana secured the Health Canada GMP approval after an inspection conducted on the facility from September 12, 2022, to September 16, 2022. The facility will be responsible for the production, packaging, labelling and testing of finished dosage forms (sterile injections and oral solids) for cancer treatment and adjuvant therapy.

Premier Explosives Limited announced bagging worth Rs3.45 crore order from Vikram Sarabhai Space Centre (VSSC) for the production and supply of three sets of PSOM-XL Motors (HS, MS & NS) for their PSLV launch vehicle. The company said that the order is to be executed within 8 months. At around 9:18 AM, Premier Explosives Ltd was trading 1.89% up on the BSE.

The USFDA has given its ANDA approval to J B Chemicals & Pharmaceuticals Ltd's Venlafaxine Extended Release Tablets 37.5mg, 75mg, 150mg and 225mg. The product is based on OROS (Osmotic Controlled Release Oral Delivery System) technology. On Thursday's early morning trade, J B Chemicals & Pharmaceuticals was trading 0.04% up on the BSE.

✅ Amid positive global cues, benchmark indices started on a robust note on Dec 01. 📊 At 9:16 AM, the Sensex improved by 383.98 points or 0.61% at 63483.63, and the Nifty was up 100.50 points or 0.54% at 18858.80. About 1571 shares have advanced, and 427 shares declined. 👉 Tech Mahindra (🔼2.51%), Wipro (🔼2.04%) and Infosys (🔼1.92%) appeared as the top performers on the Nifty50 at the open.

On Thursday, the dollar fell to a three-month low against the yen as Federal Reserve Chair Jerome Powell's comment that interest rate hikes could be scaled back "as soon as December", caught investor's attention. The dollar last stood down 0.98% at 136.755 yen, having fallen nearly 1.2% earlier to 136.50 -- its lowest level since Aug. 26.

Factory output declined significantly across Asia in November amid plunging global demand and uncertainty over the outcome of China's strict COVID-19 curbs. The latest data pointed out China's Caixin/S&P Global manufacturing purchasing managers' index (PMI) was 49.4 in November, higher than 49.2 in October. However, the value is still below the 50 mark.

📌The eRs-R will serve as a digital token that represents legal tender. 📌 It will come in the same denominations that paper currency and coins are currently circulated. 📌Eight banks are selected for phase-wise participation in this pilot, according to the central bank. 📌The first phase will commence with four banks, namely State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank.

Neuralink, Elon Musk's brain chip company has developed a wireless device and as per Musk, Neuralink will start human clinical trials in six months. The device is a brain chip interface that it says could enable disabled patients to move and communicate again. The company has been conducting tests on animals and is seeking U.S. regulatory nod to begin clinical trials in people.

Cold-chain marketplace startup Celcius Logistics introduced Hyper-Local temperature-controlled delivery services for food and pharma orders in nine cities - Mumbai, Delhi, Kolkata, Bengaluru, Hyderabad, Lucknow, Jaipur, Gwalior and Amritsar. It even collaborated with Zomato and is the partner of choice for temperature-controlled deliveries for their intercity orders.

📊IRCTC shares have been trading sideways in 2022 despite other rail stocks like RVNL, IRFC, & Ircon International giving robust returns in the last month. 👉Analysts say IRCTC is a railway tech stock whereas Ircon International, RVNL, IRFC, RailTel, etc. are railway infra stocks. 🔔There is a buzz that there can be some big rail infra-related announcements coming in from the FM in budget 2023.