Relaxo Footwear: overall demand suffers, open slippers demand improves
Relaxo Footwear: overall demand suffers, open slippers demand improves

Relaxo Footwear: overall demand suffers, open slippers demand improves

Nidhi Jani Article rating: 4.1

Yet, since the Government has started easing out the lockdown, the demand for open slippers has been improving. Earlier, the company had opened two of its plants and now, in line with the latest guidelines, the company has four functional plants.

Biocon receives CytoSorb licence to treat COVID-19 patients
Biocon receives CytoSorb licence to treat COVID-19 patients

Biocon receives CytoSorb licence to treat COVID-19 patients

Nidhi Jani Article rating: 3.5

The Indian health regulator has granted this licence for emergency use of CytoSorb to treat COVID-19 patients who are major i.e. whose age is greater or equal to 18 years. The licence will be active until the coronavirus outbreak is controlled in the country.

Index trend and stocks in action on May 27, 2020
Index trend and stocks in action on May 27, 2020

Index trend and stocks in action on May 27, 2020

Karan Dsij Article rating: 3.7

Traders would take aggressive bets on the long side only above the high of May 18 (9,158) and on the downside, the level of 8,800 is likely to act as a strong support in the near term. Stocks in news: Bharti Airtel, Kotak Mahindra Bank, Century Plyboards.

Flat start in offing!
Flat start in offing!

Flat start in offing!

Karan Dsij Article rating: 4.0

Early trends of SGX Nifty suggests a flat to positive start as it is up by 16 points trading at 9,037. But will markets be able to sustain their early gains or would it again be a day with positive start and then giving up their gains is the big question.

J K Cement gives downward channel breakout
J K Cement gives downward channel breakout

J K Cement gives downward channel breakout

Vinayak Gangule Article rating: 4.0

On Tuesday, the stock has given a downward sloping channel breakout along with strong volume. Additionally, the stock formed a sizeable bullish candle on the breakout day, which adds strength to the breakout.

Sensex erases morning gains; Airtel falls by nearly 6 per cent
Sensex erases morning gains; Airtel falls by nearly 6 per cent

Sensex erases morning gains; Airtel falls by nearly 6 per cent

Geyatee Deshpande Article rating: 4.3

Domestic benchmark indices ended the day in a negative territory as Sensex closed at the level of 30,609.30, falling by 63.29 points, which is 0.21 per cent lower than its previous close. Nifty declined by 10.20 points or 0.11 per cent to settle at 9,029.05 levels.

Bata profit falls by 56.68 per cent
Bata profit falls by 56.68 per cent

Bata profit falls by 56.68 per cent

Rishikesh Gaikwad Article rating: 3.2

Bata India Limited (BIL) announced financial results for the quarter ending March 31, 2020. On a year-on-year consolidated basis, the revenue from operations decreased by nine per cent to Rs 620.5 crore in Q4FY20 as against Rs 680.23 crore in the same quarter last year. 

Indoco secures USFDA nod for Succinylcholine Chloride injection
Indoco secures USFDA nod for Succinylcholine Chloride injection

Indoco secures USFDA nod for Succinylcholine Chloride injection

Anthony Fernandes Article rating: 4.0

Indoco Remedies announced receipt of approval from United States Food and Drug Administration (USFDA) of its abbreviated new drug application (ANDA) for Succinylcholine Chloride injection USP multi‐dose vial.

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