Alkem Laboratories to sell Pithampur unit for Rs 149 crore

 07 Jan 2025 02:17 PM

Alkem Laboratories Ltd agrees to sell its manufacturing facility in Pithampur, Madhya Pradesh, to Rubicon Research Ltd for Rs 149 crore via a slump sale. The transaction supports Alkem's strategy of optimizing manufacturing facilities. Rubicon will take over the development, manufacture, distribution, and sale of pharmaceutical formulations.

ALKEM LABS: CO SHALL SELL AND TRANSFER ITS UNDERTAKING BEING THE MANUFACTURING FACILITY OF THE COMPANY SITUATED AT MADHYA PRADESH FOR 1.5B RUPEES

 07 Jan 2025 11:25 AM

ALKEM LABS: CO SHALL SELL AND TRANSFER ITS UNDERTAKING BEING THE MANUFACTURING FACILITY OF THE COMPANY SITUATED AT MADHYA PRADESH FOR 1.5B RUPEES

Hero MotoCorp, Wipro among 5 stocks with short buildup

 03 Jan 2025 10:59 AM

On January 3, Wipro, Tech Mahindra, Hero MotoCorp, Alkem, and IndiGo experienced short buildup, with rising open interest and falling stock prices, signaling bearish sentiment in the Futures and Options segment.

ALKEM LAB: CO & UNIT ENZENE BIOSCIENCES HAVE AGREED TO INVEST 26% EQUITY IN SUNSURE SOLARPARK FOR RENEWABLE ENERGY GENERATION, TOTALING RS. 1.95 CRORE

 17 Dec 2024 06:07 PM

ALKEM LAB: CO & UNIT ENZENE BIOSCIENCES HAVE AGREED TO INVEST 26% EQUITY IN SUNSURE SOLARPARK FOR RENEWABLE ENERGY GENERATION, TOTALING RS. 1.95 CRORE

Alkem Lab promoter buys sea-facing luxury apartment in Mumbai’s Worli for Rs 185 cr

 13 Dec 2024 05:15 PM

Seema Singh, part of Alkem Laboratories' promoter group, purchased a 14,000 sq ft luxury apartment on the 30th floor of Lodha Sea Face in Mumbai’s Worli for Rs 185 crore. This is the second-largest luxury apartment deal in Mumbai in 2024. Singh, wife of Alkem’s Executive Director, also received 9 car parking slots.

ALKEM LABS: CO SAYS NET-WORTH OF TRADE GENERIC BUSINESS OF THE CO AS ON MARCH 31, 2024, WAS ABOUT RS.519 CR || CONSIDERATION EXPECTED TO BE UP TO RS. 750 CR

 10 Dec 2024 12:57 PM

ALKEM LABS: CO SAYS NET-WORTH OF TRADE GENERIC BUSINESS OF THE CO AS ON MARCH 31, 2024, WAS ABOUT RS.519 CR || CONSIDERATION EXPECTED TO BE UP TO RS. 750 CR

ALKEM LABS: CO GETS APPROVAL TO TRANSFER ITS TRADE GENERICS BUSINESS TO ALKEM WELLNESS

 10 Dec 2024 12:56 PM

ALKEM LABS: CO GETS APPROVAL TO TRANSFER ITS TRADE GENERICS BUSINESS TO ALKEM WELLNESS

Stocks to buy today: SBI, ICICI Bank among top 9 trading ideas for 2 December 2024

 02 Dec 2024 09:15 AM

The Indian market is expected to trade higher on Monday, driven by positive global cues. Nifty futures gained 0.84% on Friday, and India VIX fell by over 5%. Options data suggests a trading range between 23,600 to 24,600, with immediate support at 24,000. Experts recommend various stocks for short-term trading, including Alkem Laboratories, SBI, and ICICI Bank.

InCred cuts Nifty50 blended index target to 25,327, upgrades pharma to overweight

 27 Nov 2024 03:00 PM

InCred Equities cut Nifty50 target to 25,327, expecting a correction phase. The brokerage upgraded its stance on pharma stocks like Cipla, Ipca, and Alkem Laboratories. The IT, capital goods, and pharma sectors outperformed during the recent correction. The overall market sentiment remains cautious due to weak macroeconomic conditions and potential EPS downgrades.

ALKEM LAB: TODAY 3PM MSCI GLOBAL INCLUSION EXPECTED IN FLOW: $201 MILLION (RS 16.68B)

 25 Nov 2024 02:49 PM

ALKEM LAB: TODAY 3PM MSCI GLOBAL INCLUSION EXPECTED IN FLOW: $201 MILLION (RS 16.68B)