Shares of Akme Star gained around 18 per cent intraday on Thursday as the company announced that Arkfin Investments invested ~USD 2 Million or 15.5 Crores in Akme Star Housing finance. 

Ramco Cements has reported results for second quarter ended September 30, 2019. The shares of the company gained over 6 per cent intraday on Wednesday owing to result announcement.

Alembic Pharmaceuticals has reported results for second quarter ended September 30, 2019. The shares of the company gained around 2 per cent intraday on the back of the result announcement.

Indian equity markets were trading around their intraday high points in the afternoon trading session, with Sensex and Nifty gaining around 627 and 173 points, respectively.

The following stocks would be in focus during Friday’s trading session in light of their results announcement: Jubilant Life Sciences , State Bank of India, Tata Motors, V2 Retail and HeidelbergCement India.

Aurobindo Pharma has informed the exchanges on receiving final approval from the US Food & Drug Administration (USFDA) for Guaifenesin tablets.

Jubilant Life Sciences’ material wholly owned subsidiary Jubilant Pharma through one of its wholly owned subsidiaries has received Abbreviated New Drug Application (ANDA) final approval

The shares of Bank of Maharashtra gained almost 7 per cent intraday after announcing their September end quarterly result of the current fiscal year.

Muthoot Finance Ltd, has successfully priced a USD 450 Million Fixed Rate Senior Secured issuance in 144A / Reg S format for a 3 year tenor at 6.125 per cent.

PNC Infratech has received Letters of Award (LoA) from National Highways Authority of India (NHAI). The shares of the company jumped over 4 per cent intraday reacting to the news.