: StockMarketNEWS Daily Updates On the sectoral front, buying seen in the energy, it, metal

@StockMarketNEWSTue 13 Oct, 2020

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

On the sectoral front, buying seen in the energy, it, metal, while selling witnessed in the auto, bank, fmcg and pharma indices.
Banking stocks trade marginally lower as SC to resume hearing on interest waiver case
In nifty psu bank index, central bank of india fell 3 percent followed by indian bank, union bank of india and maharashtra bank.

Rane Brake Lining shares jump 10% after board mulls buyback of equity shares
The stock witnessed spurt in volume by more than 9.05 times and was trading with volumes of 6,628 shares, compared to its five day average of 797 shares,
an increase of 731.41 percent.

Lakshmi Vilas Bank board to consider rights share issue; shares rise 5%
The share price added 58 percent in the last six months.

Vivimed Labs share price up nearly 5% on approval of products
The share gained 41 percent in the last 9 months.

Shalby share price rises 4% after Q2 profit jumps to Rs 24 crore
The company posted a standalone net profit at rs 24.16 crore for the second quarter ended september 30, as against a loss of rs 8.7 crore a year ago.

Alembic Pharma share price gains as associate company enters agreement to develop Tenalisib
Rhizen pharmaceuticals announced that it has entered into an exclusive license agreement with curon biopharmaceutical limited. alembic pharmaceuticals through its wholly owned subsidiary holds 50 percent ownership in rhizen.

Steel Strips Wheels shares gain 5% on orders from the US EU market
The company confirmed export orders of nearly 38,000 wheels for us and eu market, to be executed in the month of december and january from its dappar
chennai plants.

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