The global pharma major has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (US FDA) for its manufacturing facility in Somerset, New Jersey. The US FDA conducted the inspection of the Somerset facility from January 27 to January 31, 2025.
The company’s step-down subsidiary, Adani Green Energy Twenty Four (AGE24L), has operationalized a solar power project of 250 MW at Bhimsar & Dwada, Jaisalmer, Rajasthan. With the commissioning of this plant, Adani Green Energy’s total operational renewable generation capacity has increased to 11,916.1 MW.
Zaggle Prepaid Ocean Services has entered into an agreement with Gujarat International Finance Tec-City Company.
Zaggle will provide the solutions of CoBrand Pre-Paid Citizen Card and Visitor Management system for GIFTCL.
The shares of Quality Power Electrical Equipments debuted on stock exchanges at Rs 432.05 apiece on BSE on February 24. This marks a premium of 1.66 percent over its IPO price of Rs 425 per share.
On NSE, the shares were listed with a lower premium of 1.18 percent over the IPO price at Rs 430 apiece.
The high-voltage electrical equipment and solutions provider had launched its maiden IPO to raise Rs 859 crore. The IPO comprised a fresh issue of equity shares worth Rs 225 crore, and an offer-for-sale of 1.49 crore shares worth Rs 633.7 crore by the existing shareholders. The company had set a price band of Rs 401-425 per share for the IPO.
During the RBI MPC’s last meeting, the minutes showed that decision to cut repo rates was on concerns of the growth slowdown and a more favorable inflation outlook….
Stocks in Asia drifted at the start of the week as traders refrained from making riskier bets after lackluster economic data spurred a selloff on Wall Street.
The company has signed a Business Transfer Agreement to acquire the India business of Resilient Cosme-Ceuticals, along with the brands and associated trademarks, for Rs 24 crore. Additionally, the company received a warning letter dated February 5 from the US Food and Drug Administration (USFDA) related to observations during the inspection of its contract manufacturing facility.
The Sensex was down 695.20 points or 0.92 percent at 74,615.86, and the Nifty was down 212.85 points or 0.93 percent at 22,583.05. About 812 shares advanced, 2427 shares declined, and 132 shares unchanged.
| Company | CMP Chg(%) | Today Vol 5D Avg Vol | Vol Chg(%) |
|---|---|---|---|
| SOLARA ACTIVE P | 466.55 | 213.15k 3,837.20 |
5,455.00 |
| Kandagiri Spin | 40.75 | 12.06k 1,300.60 |
827.00 |
| Nipp Hang Seng | 427.99 | 66.84k 8,804.00 |
659.00 |
| Indo Tech Trans | 2,108.05 | 27.50k 3,913.00 |
603.00 |
| Transformers | 442.00 | 80.64k 11,602.20 |
595.00 |
| Shree Rama News | 35.37 | 262.91k 39,247.20 |
570.00 |
| B. N. Rathi | 30.29 | 22.59k 3,591.80 |
529.00 |
| Praxis Home Ret | 13.76 | 72.09k 15,230.00 |
373.00 |
| Modern Eng | 33.00 | 8.08k 1,793.00 |
350.00 |
| Shakti Pumps | 874.90 | 26.59k 6,059.60 |
339.00 |
| ETT | 17.00 | 136.29k 32,302.60 |
322.00 |
| Pfizer | 4,375.95 | 11.22k 2,746.20 |
309.00 |
| Heads UP Vent | 11.14 | 211.95k 56,228.20 |
277.00 |
| Systematix Corp | 116.45 | 5.70k 1,529.20 |
273.00 |
| Blue Cloud | 31.10 | 100.54k 28,998.40 |
247.00 |
| Blue Jet | 751.40 | 30.87k 9,068.00 |
240.00 |
| Mufin Green | 71.50 | 19.50k 6,652.20 |
193.00 |
| Sky Gold | 337.30 | 13.60k 4,829.80 |
182.00 |
| CenturyPlyboard | 790.90 | 18.21k 6,692.20 |
172.00 |
| Manappuram Fin | 206.80 | 618.63k 228,030.00 |
171.00 |
Zaggle has signed a customer service agreement with Indus Towers to provide Zaggle Save (employee expense management & benefits).