Dishman Carbogen Amcis Ltd (DCAL), a multinational pharmaceutical company, announced this afternoon that it has achieved successful results in its research for treatment for vitamin D deficiency. 

Morepen Laboratories Limited, a domestic pharmaceutical company, announced this morning that in the Extra-Ordinary General Meeting (EGM), its shareholders have given a go-ahead for issuing and allotting 585 lakh equity shares worth Rs 243.36 crore to Corinth Investment Holdings AG (headquartered in Switzerland).

A summary of the most important macro-economic news moving markets during the week.

The shares of HPL Electric & Power (HPL) hit the upper circuit on the second consecutive day after the company announced that it has bagged another set of orders worth over Rs 372 crore for its switchgear, wires, and other related accessories for housing projects in the state of Andhra Pradesh. 

The scrip of Pidilite Industries, which was one of the low price scrip stocks trading under Rs 100 per share in 2009, has jumped by more than 4,000 per cent, which is quite phenomenal! On Friday, the shares of Pidilite Industries made a fresh all-time high of Rs 1,992.10 per share.   

Motilal Oswal, Torrent Power, and Adani Transmission shine in the mid-cap space while Thangamayil Jewellery, IIFL securities and Butterfly Gandhimathi sizzled in the small-cap space.  

Its order book as of March 31, 2021, stood at Rs 7,040 crore. This translates book-to-bill ratio of 2.71x thereby, giving strong revenue visibility for the next 3 years.

The market opened in green on May 21, 2021.

The market opened in green on May 21, 2021, overall volumes in futures & options currently stand at 8,76,11,625 contracts with a turnover of Rs. 81,72,082.82 crore.

The market opened in green on May 21, 2021, overall volumes in futures & options currently stand at 8,76,11,625 contracts with a turnover of Rs. 81,72,082.82 crore.