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Bayer to acquire Monsanto in all cash transaction

Bayer to acquire Monsanto in all cash transaction

Sep 14,2016

Monsanto India announced that Bayer and Monsanto signed definitive agreement under which Bayer will acquire Monsanto for USD 128 per share in an all cash transaction.

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Purity Flex Pack to hold board meeting
Jul 19,2017

Purity Flex Pack will hold a meeting of the Board of Directors of the Company on 25 July 2017.

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Cadila heads north after launching tablets in US
Jul 19,2017

The announcement was made before market hours today, 19 July 2017.

Meanwhile, the S&P BSE Sensex was up 146.36 points or 0.46% at 31,857.35.

On the BSE, 42,000 shares were traded on the counter so far as against the average daily volumes of 1.50 lakh shares in the past one quarter. The stock had hit a high of Rs 540.50 and a low of Rs 527.35 so far during the day. The stock had hit a record high of Rs 558 on 12 June 2017 and a 52-week low of Rs 329.95 on 26 December 2016.

The stock had underperformed the market over the past one month till 18 July 2017, sliding 0.09% compared with the Sensexs 2.11% rise. The stock had, however, outperformed the market over the past one quarter, advancing 18.59% as against the Sensexs 8.16% rise. The scrip had also outperformed the market over the past one year, surging 45.6% as against the Sensexs 14.29% rise.

The large-cap company has equity capital of Rs 102.37 crore. Face value per share is Rs 1.

Cadila was the first to file an Abbreviated New Drug Application (ANDA) for a generic version of Lialda and is currently the only generic available to patients in the US. The drug is indicated for the treatment of mild to moderate ulcerative colitis which affects approximately 7 lakh people within the US.

Cadila Healthcares consolidated net profit fell 32.2% to Rs 385.50 crore on 6.5% rise in net sales to Rs 2417.50 crore in Q4 March 2017 over Q4 March 2016.

Cadila Healthcare is an innovative, global pharmaceutical company that discovers, develops, manufactures and markets a broad range of healthcare therapies.

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Mou Signed between Department of Defence Production and HSL
Jul 19,2017

Hindustan Shipyard Limited (HSL), a Schedule B Central Public Sector Enterprise (CPSE) under the administrative control of Department of Defence Production, Ministry of Defence signed a Memorandum of Understanding (MoU) for the financial year 2017-18 with the Ministry. The annual MoU was signed between Secretary (Defence Production) Shri Ashok Kumar Gupta on behalf of the Ministry of Defence and Chairman and Managing Director HSL Rear Adm (Retd) LV Sarat Babu.

The MoU, outlines targets on various performance parameters for the company during the year. The revenue from operations has been targeted at Rs 600 Crore.

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Fortis Malar Hospitals to hold board meeting
Jul 19,2017

Fortis Malar Hospitals will hold a meeting of the Board of Directors of the Company on 25 July 2017.

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IG Petrochemicals to hold board meeting
Jul 19,2017

IG Petrochemicals will hold a meeting of the Board of Directors of the Company on 24 July 2017.

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Gujarat Cotex to hold board meeting
Jul 19,2017

Gujarat Cotex will hold a meeting of the Board of Directors of the Company on 8 August 2017.

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Titan Biotech to hold board meeting
Jul 19,2017

Titan Biotech will hold a meeting of the Board of Directors of the Company on 9 August 2017.

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Mangalam Cement to hold board meeting
Jul 19,2017

Mangalam Cement will hold a meeting of the Board of Directors of the Company on 8 August 2017.

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LKP Finance to hold board meeting
Jul 19,2017

LKP Finance will hold a meeting of the Board of Directors of the Company on 1 August 2017.

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Greaves Cotton to hold board meeting
Jul 19,2017

Greaves Cotton will hold a meeting of the Board of Directors of the Company on 3 August 2017.

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Amarjothi Spinning Mills to hold board meeting
Jul 19,2017

Amarjothi Spinning Mills will hold a meeting of the Board of Directors of the Company on 28 July 2017.

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Winsome Breweries to hold board meeting
Jul 19,2017

Winsome Breweries will hold a meeting of the Board of Directors of the Company on 18 July 2017.

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GE T&D India to hold board meeting
Jul 19,2017

GE T&D India will hold a meeting of the Board of Directors of the Company on 25 July 2017.

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NESCO to hold board meeting
Jul 19,2017

NESCO will hold a meeting of the Board of Directors of the Company on 14 August 2017.

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Mafatlal Industries to hold board meeting
Jul 19,2017

Mafatlal Industries will hold a meeting of the Board of Directors of the Company on 10 August 2017.

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