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Stock Market Today: Shares of Piramal Pharma rallied 4.50% in early morning trade on Tuesday, December 17 to ₹262.80 after domestic brokerage firm JM Financial, in its latest report, initiated coverage on the stock with a 'buy' rating and a target price of ₹340, indicating an upside potential of 36% from the stock's last closing price of ₹251. The brokerage's …

Piramal unfazed even as Trump return may fuel uncertainty in its biggest market

Piramal Pharma Ltd is confident that the company’s American facilities can help it navigate the volatility in its largest market US following Donald Trump’s comeback, according to chairperson Nandini Piramal. Opportunity in UK While the company is confident about managing the potential turbulence in the US, the UK is also a “very important part of our offering" Piramal said. “We …

Akums Drugs IPO: The listing date of the initial public offering of Akums Drugs and Pharmaceuticals Limited has been declared. However, stock market experts are still optimistic about the Akums Drugs IPO listing and expect a positive debut of Akums Drugs shares despite weak stock market trends. Akums Drugs IPO listing price prediction Speaking on Akums Drugs IPO listing, Prathamesh …

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Shares of pharmaceutical company Suven Pharmaceuticals rallied as much as 5.65 per cent to hit an intraday high of Rs 705 per share on Friday. This comes after the firm’s announcement regarding the acquisition of Hyderabad-based CDMO firm Sapala Organics on Thursday during post-market hours. on June 13, 2024, for acquiring 100 per cent of equity shares in Sapala Organics …

Market regulator Sebi has approved the initial public offering of Innova Captab. As per the draft prospectus, the company's IPO includes a fresh issue of ₹400 crore and offer for sale of up to 96 lakh equity shares. The company plans to utilise net proceeds from the issue for repayment of certain outstanding loans, investment in subsidiary UML for repaying …