Buzzing stocks

Strides Pharma trades 2% up after USFDA nod for drug to reduce heart issues

Shares of Strides Pharma Sciences rose 2% in early trading on September 25 after the company’s subsidiary received approval from the United States Food and Drug Administration (USFDA) for its treatment drug. treat heart disease. At 9:19 am, Strides Pharma Science quoted Rs 509.95, up Rs 11.30, or 2.27 per cent, on the BSE. Strides …

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Apollo Tyres slides after labour union concerns halt production at Gujarat facility

Shares of Apollo Tires Limited fell over 2 per cent to Rs 369 in early trade on September 21 after the company announced temporary suspension of off-road tire (OTR) tire production at its manufacturing plant located at Limda, Gujarat. The ruling comes amid concerns among mill employees about the extension of the long-term settlement agreement. …

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Zydus Lifesciences gains on USFDA’s final approval for skin-care topical

Shares of Zydus Lifesciences traded up 1% on the morning of September 21 after the pharmaceutical company announced that it had received final approval from the United States Food and Drug Administration (USFDA) for acne treatment gel. “We have received final approval from the USFDA for clindamycin phosphate gel USP. Clindamycin is an antibiotic that …

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Zomato stock hits 52-week high as investors laud company for delivering on growth promise

Shares of Zomato hit 52-week high of Rs 105 on September 18 after rising nearly 2 percent in trading on the NSE. However, the stock ended 0.87 percent lower to Rs 102.05 apiece against its previous close. This gain was attributed to investors’ growing confidence in the company, driven by Zomato demonstrating visibility in revenue …

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