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Key stock updates (11/07/2022): Part 1/2
1. $Zydus Wellness Ltd has launched Sitaglyn® and Siglyn® for Type 2 diabetes. Providing access to quality care to the patients at an affordable cost, ~60% cheaper than the originator.
2. $One 97 Communications Ltd (Paytm) - Q1 update: Lending marketplace is growing rapidly. Did 85 lakh loan disbursals during Q1FY23 (up 492% yoy) amounting to disbursals of Rs 5,554 Cr (up 779% yoy)
3. $KSB Ltd - Received orders of around Rs 500 cr from Nuclear Power Corporation of India (+ive)
4. $Goa Carbon Ltd Operations resumed at Bilaspur unit (+ive).
5. $City Union Bank Ltd entered into Bancassurance agreement for distribution of products with TATA AIA Life and Shriram General Insurance. (+ive)
6. $Gujarat Hotels Ltd has tied LNG at a price of $22-24/mmBtu for H1FY23 and $26-28/mmBtu for H2FY23 (+ive)
cont..
1. $Zydus Wellness Ltd has launched Sitaglyn® and Siglyn® for Type 2 diabetes. Providing access to quality care to the patients at an affordable cost, ~60% cheaper than the originator.
2. $One 97 Communications Ltd (Paytm) - Q1 update: Lending marketplace is growing rapidly. Did 85 lakh loan disbursals during Q1FY23 (up 492% yoy) amounting to disbursals of Rs 5,554 Cr (up 779% yoy)
3. $KSB Ltd - Received orders of around Rs 500 cr from Nuclear Power Corporation of India (+ive)
4. $Goa Carbon Ltd Operations resumed at Bilaspur unit (+ive).
5. $City Union Bank Ltd entered into Bancassurance agreement for distribution of products with TATA AIA Life and Shriram General Insurance. (+ive)
6. $Gujarat Hotels Ltd has tied LNG at a price of $22-24/mmBtu for H1FY23 and $26-28/mmBtu for H2FY23 (+ive)
cont..
