IPCA Laboratories (IPCA) announced on Friday that it had entered into an agreement with Medicines for Malaria Venture to co-develop an antimalarial co-formulation called 'Atoguanil'.

On Friday, the BSE Sensex rose 0.02 per cent to end at 41,681.54 and the NSE Nifty rose 0.1 per cent to close at 12,271.80. On intra-day basis, Nestle India (4 per cent), Titan (3.70 per cent), Tata Steel (3.19 per cent), and Yes Bank (3 per cent) were among the top gainers.

Cadila Healthcare announced that the United States Food and Drug Administration (USFDA) cleared its Gujarat facility. Post this development, a jump of 2 per cent was seen in their share price.

In case of other major players, such as VST Industries and Godfrey Philips the trend is same. The CAGR sales growth for Godfrey Philip till September 2019 was 2.5 per cent from December quarter ended in 2018. VST Industries saw CAGR sales growth of less than 1 per cent during same period.

The stock of ICICI Lombard General Insurance Company Limited has given an Ascending Triangle pattern breakout on the daily timeframe with a relatively higher volume.

Suven Life Sciences reported that the company underwent USFDA renewal inspection at its facility in Pashamylaram near Hyderabad.

On Friday, the stock has given a neckline breakout of the Double bottom pattern. This breakout was confirmed by the above 50-day average volumes.

Lupin announced that it has received the approval from the United States Food and Drug Administration (USFDA) to market its Betamethasone Dipropionate Ointment USP (Augmented), 0.05 per cent.

Considering the weekly timeframe, the stock of Pidilite Industries Limited has bounced back from the edge of the rising trendline support that is formed by connecting the swing lows from October 2018 and coinciding with 34-week EMA level.

The year 2019 has not been a great year for most of the MF schemes.  Only 4 per cent of the total fund has generated a return of more than 20 per cent. Should you buy them?