Tuesday, October 3, 2023

Global Market Updates - 04.10.2023

Global Market Updates - 04.10.2023


Global Market Updates - 04.10.2023
Global Market Updates - 04.10.2023
Global Market Updates - 04.10.2023

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Stock to Watch Today - Rupeedesk Reports - 04.10.2023

Stock to Watch Today - Rupeedesk Reports - 04.10.2023


Stock to Watch Today - Rupeedesk Report
Stock to Watch Today - Rupeedesk Reports - 04.10.2023
Stock to Watch Today - Rupeedesk Reports

Buzzing Stocks: HDFC Bank, Adani Enterprises, Maruti Suzuki, RVNL, Hero Motocorp, Vedanta & others in news.

HDFC Bank: CNBC TV18 reported changes in leadership roles held in the HDFC Bank as Arvind Kapil, the Group Head, will now spearhead the mortgage business, while Arvind Vohra has moved on as the Group Head of retail assets. Parag Rao, Group Head, will be additionally responsible for marketing and liability product group, while Smita Bhagat & Sampath Kumar will be the two new retail branch banking heads. Ramesh Lakshminarayanan, currently the CIO, would lead the IT & digital function, while Rakesh Singh, the Group Head, would spearhead the creation of banking as a service (BaaS).

Adani Enterprises: Green Vitality RSC, the 100-percent subsidiary of Abu Dhabi's International Holding Company (IHC), has bought 6.43 lakh shares, which is equivalent to 0.06 percent of paid-up equity, in Adani Enterprises via open market transactions on October 3. With this, IHC's shareholding in the company has increased from to 5.04 percent, up from 4.98 percent.

Rail Vikas Nigam Limited: RVNL emerged as the lowest bidder for the development of distribution infrastructure at north zone of Himachal Pradesh under the the Revamped Reformsbased and Results-linked, Distribution Sector Scheme (loss reduction works). This project from Himachal Pradesh State Electricity Board is worth Rs 444.26 crore and is expected to be completed within 24 months.

Life Insurance Corporation of India: The life insurance major has received an order from the Income Tax Authority, demanding a penalty of Rs 84.02 crore. The Corporation has received notice for the assessment years 2012-13, 2018-19 & 2019-20.

APL Apollo Tubes: The structural steel tube company has reported sales volume at 6,74,761 tonnes in Q2FY24, growing 12 percent from over a year-ago period. This is the highest quarterly sales volume reported by the company. For H1FY24, the company reported sales volume of 13,36,262 tonnes, an increase of 30 percent YoY.

Maruti Suzuki India: The country's largest car manufacturing company has received draft Assessment Order for FY20. In the said order, certain additions or disallowances amounting to Rs 2,159.7 crore with respect to returned income (the income disclosed by the company in its income tax return) have been proposed. The company will file its objections before the Dispute Resolution Panel. There is no impact on financial, operational or any other activities of the company due to this draft Assessment Order. Meanwhile, its total production for September 2023 at 1.75 lakh units fell 1.4 percent compared to the 1.77 lakh units produced in the same month last year.

Avenue Supermarts: The D-Mart operator has reported standalone revenue from operations at Rs 12,308 crore for the quarter ended September FY24, up 18.5 percent over Rs 10,385 crore in same period last year. The total number of stores as of September 2023 stood at 336.

Zensar Technologies: Samir Gosavi has resigned as Senior Vice President of the company with effect from October 20, 2023, to pursue opportunities outside the organisation. Samir Gosavi is an employee of the subsidiary Zensar Technologies Inc. USA.

Hero MotoCorp: The world's largest two-wheeler maker is set to commence deliveries of its first co-developed premium motorcycle Harley-Davidson X440 on October 15. It has been organising test rides for pre-booked customers since September 1, and the new booking window will open from October 16.

Titagarh Rail Systems: The company has signed a contract worth Rs 857 crore with the Gujarat Metro Rail Corporation. The company will manufacture 72 numbers of standard gauge cars for the first phase of Surat Metro Rail. The execution of the contract is slated to commence 76 weeks after the signing of the contract and is expected to be completed in 132 weeks thereafter.

Bank of Maharashtra: The public sector lender has announced deposit growth of 22.2 percent year-on-year at Rs 2.39 lakh crore for the quarter ended September FY24, while gross advance grew by 23.55 percent YoY to Rs 1.83 lakh crore during the same period.

Bajaj Finserv: Bajaj Allianz General Insurance Company (BAGIC), an unlisted material subsidiary of the company, has received a show cause cum demand notice from the Directorate General of GST Intelligence, Pune, alleging a tax demand of Rs 1,010 crore. The alleged demand and the impugned show cause cum demand notice pertains to non-payment of GST on the co-insurance premium accepted as follower in case of coinsurance transactions and non-payment of GST on re-insurance commission accepted on the reinsurance premium ceded to various Indian and Foreign reinsurance companies during the period July 2017 to March 2022.

Vedanta: The company has announced total aluminium production at 594 kt for the quarter ended September FY24, up 2 percent, but mined metal production was down by 1 percent to 252 kt YoY. Overall power sales grew by 12 percent to 4,048 million units.

VST Tillers Tractors: The company has set up a joint venture VST ZETOR in collaboration with HTC Investments. The joint venture company will be initially launching three tractors in the 40-50 HP range. These products are jointly developed by VST and ZETOR after taking valuable feedback from the farming community in India for almost 1 year.

Trident: The company has commissioned their new rooftop solar power project of 9.50 MWp capacity at Budhni, Madhya Pradesh. The power generated from this new solar power project will be consumed captively for manufacturing facilities at Budhni, Madhya Pradesh, resulting in considerable reduction of the carbon footprint.

Pidilite Industries: Subsidiary Pidilite MEA Chemicals LLC and Spain's Corporacion Empresarial Grupo Puma SL have incorporated a joint venture company in the UAE namely PidilitePuma MEA Chemicals LLC. The joint venture company will carry on the business of manufacturing construction chemicals. Pidilite MEA and Grupo Puma, Spain will hold 50 percent shareholding each in the joint venture company.

Oracle Financial Services Software: The board members have approved the appointment of Makarand Padalkar as the Managing Director and Chief Executive Officer of the company, Avadhut Ketkar as Chief Financial Officer, and Gopala Ramanan Balasubramaniam as an Additional Director of the company, with effect from October 5.

Virinchi: The company has reappointed M V Srinivasa Rao as Wholetime Director and CFO for five years with effect from November 12, 2023 to November 11, 2028.

Yes Bank: The private sector lender has reported deposits growth of 17.2 percent YoY and 6.8 percent QoQ at Rs 2.34 lakh crore, while its advances increased by 9.5 percent YoY and 5.2 percent QoQ to Rs 2.10 lakh crore.

V-Mart Retail: The company has announced total revenue of Rs 549 crore for the quarter ended September FY24, up 8% compared to Rs 506 crore in the corresponding period last year, due to the shift in the Hindu calendar that has seen the festive sales period (leading to Durga Puja, Dusshehra) moving from Q2 to Q3 in the current year.

Sudal Industries: Shareholders have approved the re-appointment of Sudarshan Chokhani as a Managing Director for three years with effect from September 1, 2023 to August 31, 2026, liable to retirement by rotation.

UPL: UPL Corporation Limited, Mauritius has incorporated a subsidiary UPL Lanka Bio in Sri Lanka, with effect from October 2. UPL Lanka Bio is a wholly owned subsidiary of UPL Corporation, Mauritius and a step-down subsidiary of UPL.

TeamLease Services: Sumit Sabharwal has resigned as Chief Executive Officer – HRTech of the company with effect from October 3.

Satin Creditcare Network: The company said the Board of Directors of the company will be meeting on October 6 to consider raising funds via issuance of non-convertible debentures on private placement.

Sasken Technologies: The company has announced collaboration with Qualcomm Technologies, Inc., a pioneer in wireless technologies, through the Qualcomm IoT Accelerator Program. This collaboration marks a significant milestone in the realm of Internet of Things (IoT) innovation and underscores both companies' commitment to shaping the future of connected devices and services.

ADF Foods: Balark Banerjea has been appointed as President – Indian Domestic Business in the category of senior management personnel of the company, with effect from October 3.

Varroc Engineering: Subsidiary Varroc Polymers (VPL) has entered into a power purchase agreement with AMP Energy C&I Six & AMP Energy C&I Five (special purpose vehicles - SPVs), for establishing renewable power plants in Karnataka and Tamil Nadu. These plants would be having the captive capacity of 30 MWp and 21 MWp respectively, under the captive power scheme. The subsidiary is in the process of acquiring 1 percent and 3 percent stake in the said SPVs, for Rs 40 lakh and Rs 80 lakh, respectively.

South Indian Bank: The private sector lender has reported gross advances at Rs 74,975 crore for the quarter ended September FY24, up 10.3 percent over a year-ago period, and total deposit increased by 9.8 percent to Rs 97,146 crore during the same period, as per provisional data. CASA grew by 2.01 percent YoY to Rs 31,162 crore in Q2FY24.

Updater Services: The facility management services company will list its equity shares on the BSE and NSE, in the T+3 timeline, on October 4. The issue price has been fixed at Rs 300 per share. The allotment date for the company was September 30.

Raymond: The company said board members have approved investment of up to Rs 301 crore in one or more tranches in Ten X Realty, a step down wholly owned subsidiary of the company. Out of the said investment, the company will invest up to Rs 125 crore in the form of redeemable preference shares, and the balance amount of Rs 176 crore will be invested by providing inter corporate deposit (ICD) to Ten X Realty.

Digikore Studios: The visual effects services firm is set to debut on the NSE Emerge on October 4. The offer price is Rs 171 per share. Its equity shares will be available for trading in trade-for-trade segment.

Subex: Shiva Shankar Naga Roddam has resigned as the Chief Operating Officer of the company due to personal reasons. He will be relieved from his duties on December 31, 2023.

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Mcx Commodity Pivot Levels - Rupeedesk Reports - 04.10.2023

Mcx Commodity Pivot Levels - Rupeedesk Reports - 04.10.2023


Mcx Commodity Pivot Levels - Rupeedesk Reports
Mcx Commodity Pivot Levels - Rupeedesk Reports - 04.10.2023
Mcx Commodity Pivot Levels - Rupeedesk Reports

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It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for - Robert Kiyosaki Quotes - 04.10.2023

It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for - Robert Kiyosaki Quotes - 04.10.2023


It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for - Robert Kiyosaki Quotes - 04.10.2023
It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for - Robert Kiyosaki Quotes - 04.10.2023
It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for - Robert Kiyosaki Quotes - 04.10.2023

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Dowjones index Outlook - 03.10.2023

Dowjones index Outlook - 03.10.2023


Dowjones index Outlook - 03.10.2023
Dowjones index Outlook - 03.10.2023
Dowjones index Outlook - 03.10.2023
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USDINR Pivot Levels -Rupeedesk Reports - 04.10.2023

USDINR Pivot Levels -Rupeedesk Reports - 04.10.2023


USDINR Pivot Levels -Rupeedesk Reports 
USDINR Pivot Levels -Rupeedesk Reports - 04.10.2023
USDINR Pivot Levels -Rupeedesk Reports 
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Mcx Commodity Intraday Trend Rupeedesk Reports - 03.10.2023

Mcx Commodity Intraday Trend Rupeedesk Reports - 03.10.2023


Mcx Commodity Intraday Trend Rupeedesk Reports
Mcx Commodity Intraday Trend Rupeedesk Reports - 03.10.2023
Mcx Commodity Intraday Trend Rupeedesk Reports 

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AVALON Stock Report - Rupeedesk Reports - 03.10.2023

AVALON Stock Report - Rupeedesk Reports - 03.10.2023


AVALON Stock Report - Rupeedesk Reports - 03.10.2023
AVALON Stock Report - Rupeedesk Reports - 03.10.2023
AVALON Stock Report - Rupeedesk Reports - 03.10.2023

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VEDL Stock Report - Rupeedesk Reports - 03.10.2023

VEDL Stock Report - Rupeedesk Reports - 03.10.2023


VEDL Stock Report - Rupeedesk Reports - 03.10.2023
VEDL Stock Report - Rupeedesk Reports - 03.10.2023
VEDL Stock Report - Rupeedesk Reports - 03.10.2023
VEDL Stock Report - Rupeedesk Reports - 03.10.2023
VEDL Stock Report - Rupeedesk Reports - 03.10.2023

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Today Stock Market News @ 03.29 PM - 03.10.2023

Today Stock Market News @ 03.29 PM - 03.10.2023


Today Stock Market News 
Today Stock Market News @ 03.29 PM - 03.10.2023
Today Stock Market News 

* 7:40 AM IST : S&P 500 dips after US inflation data, ending weak third quarter
* 7:43 AM IST : JSW Infrastructure, Vaibhav Jewellers advance listing date, to debut on October 3
* 7:50 AM IST : Asian markets trade lower; Hang Seng down 3%, Nikkei down 1.3%
* 7:53 AM IST : S&P 500 ends near flat; utilities drop, focus on rate outlook
* 8:03 AM IST : Gold down for seventh consecutive session as US Fed stays hawkish
* 8:16 AM IST : Oil falls in early trade on strong US dollar, profit taking
* 8:21 AM IST : Dollar hits new high on upbeat data, yen teeters near intervention line
* 8:25 AM IST : Maruti Suzuki's total sales up 3% to 181,343 units in September, hits 1 mn-mark
           in H1FY24
* 8:34 AM IST : FPIs turn net sellers after 6 months of investment; withdraw Rs 14,767 cr in Sep
* 8:38 AM IST : GST collections rise at Rs 1.63 lakh crore in September, up 10.2% YoY
* 8:40 AM IST : Govt hikes windfall tax on domestic crude, cuts levy on export of diesel, ATF
* 8:43 AM IST : Saraswati Saree Depot files draft papers to raise funds via IPO
* 8:48 AM IST : Umesh Revankar, Executive Vice Chairman, Shriram Finance. 
* 8:49 AM IST : Tata Motors total sales in domestic market rise 2% to 80,633 units in September
* 8:51 AM IST : RBI policy, auto sales, global data points to map the road ahead for markets: Experts
* 8:53 AM IST : ATF Price Hike | Oil marketing companies hike Jet Fuel (ATF) price by 5 percent to                 Rs 1.18 lakh/Kl in Delhi
* 8:54 AM IST : Ashok Leyland September Auto Sales | Total sales were up 9 percent at 19,202 units               versus 17,549 units, MoM
* 8:55 AM IST : Adani Ports September Cargo volumes up 26% YoY at 32.8 million tonnes
* 8:57 AM IST : IT earnings in Q2 may suffer from weak demand, macro headwinds;
           Nomura stays cautious
* 9:09 AM IST : Bajaj Auto September Auto Sales | Total sales were down 1 percent at 3.92 lakh
           units versus 3.94 lakh units, YoY
* 9:13 AM IST : JSW Infra lists on Oct 3: Will it match grey market premium after a healthy IPO?
* 9:19 AM IST : Vedanta announces demerger to split business into six listed entities to unlock value
* 9:20 AM IST : Rail Vikas Nigam emerges as lowest bidder for HP State Electricity Board’s project                 worth Rs 1,098 crore
* 9:22 AM IST : Maruti Suzuki gets show cause notice from GST Authority for the period July 2017 to             August 2022
* 9:28 AM IST : Hero MotoCorp to hikes prices of select motorcycles & scooters by around 1%
* 9:30 AM IST : Vaibhav Jewellers set for debut on Oct 3: Tepid listing likely after a subdued IPO
* 9:35 AM IST : Eicher Motors September Auto Sales | Total sales were down 4 percent at 78,580 units             versus 82,097 units, YoY
* 9:38 AM IST : Bajaj Auto September Auto Sales | Total sales were down 1 percent at 3.92 lakh units               versus 3.94 lakh units, YoY
* 9:47 AM IST : CLSA retains 'sell' tag as Maruti's momentum from new products slows down
* 9:52 AM IST : JSW Infrastructure to list shares on the bourses on October 3
* 9:54 AM IST : Vaibhav Jewellers prepones listing date, to debut on October 3
* 10:05 AM IST : JSW Infra lists at 20% premium to issue price
* 10:08 AM IST : Vaibhav Jewellers makes a dull start, lists at par with IPO price of Rs 215
* 10:09 AM IST : Kalpataru Projects International bags new orders worth Rs 1,016 crore
* 10:11 AM IST : Cipla divests 51% stake held in UAE-based Saba Investment for $6 million
* 10:14 AM IST : Maruti Suzuki's total sales in September increases 2.85% YoY to 1.81 lakh units.
* 10:17 AM IST : M&M's sales in September jumps 17% YoY to 75,604 vehicles, tractors sales falls                   11% to 43,210 units
* 10:26 AM IST : Just In | NMDC confirms price hike, lump ore & fines prices increased by
             Rs 250 each
* 10:33 AM IST : Shivani Nyati, Head of Wealth, Swastika Investmart view on JSW Infrastructure
* 10:35 AM IST : Bhageria Industries gains on bagging Rs 27.7-crore solar project
* 10:39 AM IST : Tata Motors' domestic sales in September up 2% at 82,023 units YoY
* 10:42 AM IST : Royal Enfield sales in September falls 4% YoY to 78,580 units
* 10:45 AM IST : TVS Motor's sales in September rises 6% YoY to 4.02 lakh units
* 10:47 AM IST : India September Manufacturing PMI at 57.5 against 58.6, MoM
* 10:49 AM IST : L&T Construction bags order from MCGM
* 10:50 AM IST : NCC bags 3 orders worth Rs 4,205.9 crore in September
* 10:51 AM IST : Escorts Kubota September Auto Sales | Total sales were down 11.2% at 10,861 units               against 12,232 units, YoY
* 10:53 AM IST : Man Industries bags new orders worth Rs 400 crore
* 10:54 AM IST : HDFC MF raises stake by 2.01 percent in Sula Vineyards. The total holding now
             at 8.56 percent
* 10:58 AM IST : AstraZeneca India falls despite a new CFO and nod to drug imports
* 10:59 AM IST : Steel Strips Wheels achieves highest ever monthly net turnover of Rs 401.88 crore
             in Sept 2023
* 11:04 AM IST : Fortis Healthcare shares gain as after subsidiary files draft IPO papers
* 11:07 AM IST : Atul Auto shares trade in green on 18.1% surge in Sept sales
* 11:10 AM IST : Hindustan Zinc trades marginally lower on profit booking, production decline in Q2
* 11:18 AM IST : Saakshi Medtech and Panels soar 50% above IPO price in NSE SME debut
* 11:27 AM IST : KPI Green Energy gets new orders for solar power projects
* 11:41 AM IST : Authum Investment surges 40% in last two sessions
* 11:51 AM IST : HDFC Life sees huge block deal
* 11:55 AM IST : VST Tillers Tractors' sales in September drops 1% YoY to 2,627 units
* 11:59 AM IST : Lemon Tree Hotels stock gains 4% on signing deal for a new franchisee in
             Gujarat’s Somnath
* 12:03 PM IST : World Bank expect India’s growth is expected to moderate to 6.3% in FY24 from                     7.2% in FY23.
* 12:05 PM IST : Mahanagar Gas jumps 5% after Jefferies upgrades stock, sees 31% upside
* 12:08 PM IST : Marksans Pharma gets USFDA approval for Esomeprazole Magnesium Delayed-                     Release capsules
* 12:09 PM IST : IndusInd Bank Q2FY24 advances grow by 21% YoY; stock gains
* 12:12 PM IST : Karur Vysya Bank rises 2% as Q2 advances grow by 15.3%
* 12:15 PM IST : NMDC September Update | Production up 10 percent at 3.0 million tonne versus                     2.73  million tonne and sales up 6.9 percent at 3.11 million tonne versus 2.91 million tonne
* 12:19 PM IST : Geojit Keeps buy rating on PNC Infratech, target Rs 438
* 12:20 PM IST : Godrej Agrovet gains, to set up palm oil complex in Telangana
* 12:21 PM IST : Aurobindo Pharma falls 2% after USFDA observation on Telangana unit
* 12:23 PM IST : VIP Industries rises 1% amid reports of promoters mulling stake sale
* 12:25 PM IST : RVNL rallies 3% on being lowest bidder for Rs 1,098-cr Himachal power infra job
* 12:26 PM IST : Ramkrishna Forgings gets nod to raise Rs 1,000 crore through QIP
* 12:33 PM IST : Tata Motors records 2% rise in Sept sales, but stock trades flat
* 12:37 PM IST : Granules India gets USFDA approval for hypertension drug; share price gains
* 12:38 PM IST : Dhanlaxmi Bank Q2 Update:Total deposits up 8.2 percent at Rs 13,789 crore
* 12:41 PM IST : SML Isuzu shares gain 4% on prices hike, better sales, despite GST glare
* 12:41 PM IST : Directorate General of Goods and Services Tax (DGGST) Mumbai sends notices to                 online gaming companies. DGGST sends notice to Dream11 claiming Rs 28,000 crore
* 12:46 PM IST : Marico jumps 6% to hit fresh 52-week high; ICICI Securities upgrades stock to ‘buy’
* 12:50 PM IST : Hero Motocorp falls as 3% rise in sales in September fails to impress investors
* 12:54 PM IST : Mphasis forms technology partnership with CoreStack
* 12:58 PM IST : Citi View On Vedanta -Sell call, target at Rs 225 
* 1:03 PM IST : Coal India's output in September jumps 12.6% YoY to 51.4 MT
* 1:13 PM IST : UltraTech Cement UAE subsidiary enters into an agmt with Cemex UAE to
           recycle concrete waste
* 1:14 PM IST : Ramkrishna Forgings gets board approval for raising funds up to Rs 1,000 crore
           via QIP
* 1:16 PM IST : Jefferies View On Mahanagar Gas-Upgrade to buy, target price raised to Rs 1,320
           from Rs 1,100 
* 1:25 PM IST : DLF to invest Rs 3,400 crore in IT block and data centre facility in Noida
* 1:30 PM IST : Morgan Stanley View On UltraTech Cement-Overweight call, target at Rs 9,300 
* 1:35 PM IST : Bhageria Industries gets EPC works of solar power project worth Rs 27.7 crore
* 1:42 PM IST : SBI Mutual Fund buys Rs 349.4 crore worth shares in Tube Investments of India
* 1:44 PM IST : Ashish Chugh picks 0.67% stake in Kothari Fermentation & BIochem
* 1:55 PM IST : CLSA On Vedanta-Upgrade to outperform, target price cut to Rs 230 from Rs 255 
* 1:57 PM IST : Eris Lifesciences enters into term loan agreement to avail rupee term loan facility of                 Rs 212 crore from HDFC Bank
* 1:59 PM IST : Ananda Shalini resigns as CFO of Butterfly Gandhimathi Appliances
* 2:00 PM IST : Infibeam Avenues offers to license its base marketplace intellectual property to GeM
* 2:06 PM IST : Blue Dart Express to implement general price increase with effect from January 2024
* 2:09 PM IST : Granules India receives US FDA approval for hypertension generic drug
* 2:17 PM IST : NCC jumps 4% as firm bags Rs 4,200 crore water, infra orders
* 2:22 PM IST : Valiant Laboratories IPO subscribed 11.92 times on final day
* 2:30 PM IST : Entertainment Network India receives license from Bahrain govt to operate                               entertainment radio channel frequency for 5 years 
* 2:35 PM IST : Vaibhav Jewellers makes a muted debut: Should you buy, hold, or book profit?
* 2:41 PM IST : Jefferies upgrades MGL to 'buy', raises TP to Rs 1,320. Upgrade to buy, target price                 raised to Rs 1,320 from Rs 1,100
* 2:49 PM IST : Kothari Fermentation & Biochem hits upper circuit as Ashish Chugh acquires stake
* 2:51 PM IST : Jefferies View On Container Corporation of India-Buy call, target price at Rs 825 
* 2:55 PM IST : Morgan Stanley View On Autos-Retail sales momentum continues while, on high base
* 2:58 PM IST : Hindustan Zinc Q2 mined metal production drops 1% YoY to 252kt
* 3:03 PM IST : Investec On Vedanta -Sell call, target price at Rs 180
* 3:09 PM IST : Morgan Stanley On Shriram Finance -Overweight rating, target price at Rs 2,200
* 3:13 PM IST : Jefferies View On Cement -Price hikes announced for October 2023 are
           Rs 10-50/bag range
* 3:15 PM IST : Plaza Wires IPO sees 21.52 times subscription, retail investors bought 96 times on
           day 2
* 3:18 PM IST : Morgan Stanley View On Multi Commodity Exchange of India:-Underweight call,                   target price at Rs 1,270
* 3:20 PM IST : Valiant Laboratories IPO subscribed 22.49 times on final day
* 3:22 PM IST : Lupin launches Humrahi, a unique patient support program for diabetes management
* 3:23 PM IST : Mahindra & Mahindra Financial Services' disbursement stood at Rs 4,500 crore 
* 3:29 PM IST : IDFC First Bank Qualified Institutional Placement (QIP) issue opened today

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