The stock of HDFC Asset Management Company Limited has formed a hammer candlestick pattern as on September 25, 2020, and thereafter, marked the sequence of higher tops & higher bottoms. The stock has witnessed over 62 per cent upside momentum from the low of Rs 2,070.05, which was registered on September 25, 2020.

Indian Railway Finance Corporation, a dedicated market borrowing arm of the Indian Railways, is hitting the primary capital market with its IPO. Read on to find out whether you should subscribe to the issue or not. 

New Fund Offers (NFO) that are open for subscription.

L&T Infotech (LTI) announced on Thursday after the market hours that it is charting to expand its multi-year global alliance with IBM in order to help businesses transform their operations via open hybrid cloud adoption.

Maruti Suzuki India Limited on Friday announced the launch of its online financing platform named ‘Smart Finance’ for its Maruti Suzuki ARENA customers across more than 30 cities.  

The company has bagged orders for over 26,000 wheels amounting to EUR 2,06,000, which is to be executed in the month of March 2021 from its Chennai plant. 

Drug firm, Strides Pharma Science Limited announced that its step-down wholly-owned subsidiary, Strides Pharma Global Private Limited (Singapore) has received approval for Emtricitabine & Tenofovir Disoproxil Fumarate tablets, 200 mg/300 mg from United States Food & Drug Administration (USFDA). 

ABB India Limited has partnered with Surat Municipal Corporation (SMC) to roll out next-generation technology for delivering continuous water supply across the city of Surat with a 24/7 water supply scheme. This project is in line with the Government of India’s Smart Cities Mission.

Bharat Dynamics Ltd informed that the company has signed an agreement to collaboratively work in partnership on STARStreak Air Defence System in India. The announcement was made on Thursday after the market hours.  

Trident Limited today announced that it has been granted patent approval for ‘fabric and method of manufacturing fabric’ by European Patent Office (EPO).