Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Gland Pharma Ltd is up for a third straight session in a row. The stock is quoting at Rs 1793.5, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.43% on the day, quoting at 24840.25. The Sensex is at 81449.59, down 0.42%. Gland Pharma Ltd has risen around 20.86% in last one month.
Meanwhile, Nifty Pharma index of which Gland Pharma Ltd is a constituent, has risen around 0.24% in last one month and is currently quoting at 22039.45, down 1.59% on the day. The volume in the stock stood at 2.97 lakh shares today, compared to the daily average of 1.95 lakh shares in last one month.
The PE of the stock is 26.75 based on TTM earnings ending March 25.
Gland Pharma Ltd is up for a fifth straight session today. The stock is quoting at Rs 1650.9, up 0.15% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 25136.5. The Sensex is at 82493.19, up 0.06%. Gland Pharma Ltd has gained around 15.44% in last one month.
Meanwhile, Nifty Pharma index of which Gland Pharma Ltd is a constituent, has gained around 3.79% in last one month and is currently quoting at 21826.8, up 0.35% on the day. The volume in the stock stood at 52199 shares today, compared to the daily average of 1.68 lakh shares in last one month.
The PE of the stock is 24.92 based on TTM earnings ending March 25.
Gland Pharma has received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application for Angiotensin II Acetate Injection 2.5 mg/mL.
The Product is bioequivalent and therapeutically equivalent to the reference listed drug (RLD), GIAPREZA ® of La Jolla Pharma LLC.
This Product is indicated for increasing the blood pressure in adults with septic or other distributive shock.
Gland Pharma is the exclusive First-to-File and is eligible for 180 days of generic drug exclusivity.
According to IQVIA, the product had US sales of approximately USD 58 million for the twelve months ending March 2025.
Realty shares declined, as investors booked profits following gains in the previous two trading sessions.
At 10:25 IST, the barometer index, the S&P BSE Sensex, 169.01 points or 0.21% to 80,906.52. The Nifty 50 index added 47.75 points or 0.20% to 24,590.60.
In the broader market, the S&P BSE Mid-Cap index rose 0.20% and the S&P BSE Small-Cap index added 0.23%.
The market breadth was positive. On the BSE, 1,872 shares rose and 1,691 shares fell. A total of 229 shares were unchanged.
The Reserve Bank of India commenced its monetary policy meeting today, 4 June 2025, which will conclude on 6 June 2025. The meeting is being chaired by Governor Sanjay Malhotra. With inflation showing signs of moderation, market participants are speculating on the possibility of a rate cut.
New Listing:
Shares of Scoda Tubes were currently trading at Rs 146.95 at 10:26 IST on the BSE, representing a premium of 4.96% compared with the issue price of Rs 140.
The scrip was listed at 140, matching the initial public offer (IPO) price. The stock was currently up 4.96% over its listing price.
So far, the stock has hit a high of 146.95 and a low of 136. On the BSE, over 4.38 lakh shares of the company were traded in the counter so far.
Buzzing Index:
The Nifty Realty index declined 0.67% to 976.35. The index jumped 3.53% in the past two trading sessions.
Brigade Enterprises (down 2.09%), Anant Raj (down 1.97%), Phoenix Mills (down 1.86%), Oberoi Realty (down 1.56%), Godrej Properties (down 1.07%), DLF (down 0.65%), Sobha (down 0.46%) and Raymond (down 0.41%) declined.
Stocks in Spotlight:
Gland Pharma advanced 1.21% after the company said that it has received approval from the United States Food and Drug Administration (US FDA) for its abbreviated new drug application (ANDA) for Angiotensin II Acetate Injection.
Servotech Renewable Power surged 12.12% after the company received a significant order for a 7.8 MW grid-connected solar rooftop project by the Rangiya Division of the Northeast Frontier Railway. The order, valued at Rs. 336 Million, also includes a comprehensive 5-year Annual Maintenance Contract (AMC)/Comprehensive Annual Maintenance Contract (CAMC) for various buildings within the Rangiya Division.
R Systems International added 1.66% after the company announced strategic partnership with Mavvrik, a leader in AI cost governance, to help enterprises gain visibility and precise financial control over rapidly escalating AI, cloud, and hybrid infrastructure investments.