PSU banks stocks will be in focus as the finance ministry is working with state-run financing banks to frame a common set of rules for valuation of stressed assets for quick resolution of loans extended by consortia of banks.
Shares of the biopharmaceutical company (Biocon) skyrocketed 16% on Monday’s closing hitting a record high of Rs 509 apiece after the company got the USFDA approval for its drugs Ogivri for cancer treatment.
Dhanlaxmi Bank Ltd has announced that the Indian credit rating agency ‘Brickwork’ has assigned BRW BB minus rating to Dhanlaxmi Bank service. The stock will be watched out on Tuesday.
Eris Life-Sciences Limited has announced that it has sealed the deal of Stride Shasun’s divestments of brand business to Eris-Life-Sciences. The stock will be in focus on Tuesday.
Wipro Limited has informed the Exchanges that the company has been identified as the market leader in digital workplace services by ISG. The stock will be watched on Tuesday.
Balaji Amines Limited informed the Exchange that the company has been allotted 90 acres land in MIDC Chincholi, Solapur, Maharastra for expansion projects.