Market Commentary - Stock Alert
Delta Corp, PFC, Lupin, Karnataka Bank to be watched As on : 10-Jan-24  08:10

Delta Corp: The gaming and casino firm's consolidated net profit dropped to Rs 34.48 crore in Q3 December 2023 as compared to net profit of Rs 84.82 crore in Q3 December 2022. Total income rose to Rs 244.47 crore in Q3 December 2023 from Rs 285.02 crore in Q3 December 2022.

Power Finance Corporation (PFC): PFC received No Objection letter from Reserve Bank of India (RBI) for setting up of a finance company (as a wholly owned subsidiary) in International Financial Services Centre (IFSC) situated in GIFT City, Gujarat.

Lupin: Lupin announced the launch of Bromfenac Ophthalmic Solution, 0.07%, after having received an approval from the United States Food and Drug Administration (U.S. FDA). Lupin is the exclusive first-to-file for this product and is eligible for 180-day exclusivity.

Karnataka Bank: Karnataka Bank has partnered with fintech company Digivriddhi (DGV) to offer host of financial services catering to the needs of dairy farmers & Milk Societies. The services will be made available at Village Dairy Co-operative Societies, associated with Milk unions of Karnataka Milk Federation (KMF).

KIOCL: The operation of Pellet Plant Unit of the company situated at Mangalore, have been temporarily suspended, with effect from 9th January 2024 due to non-availability of iron-ore fines.

Pondy Oxides and Chemicals: The company has entered into a Memorandum of Understanding (MoU) with Tamil Nadu (TN) Guidance, the nodal agency of Government of Tamil Nadu (GoTN) for Investment Promotion and facilitation, to set up State of the Art Recycling and Manufacturing Plants for Non-Ferrous Metals, Lithium-Ion Batteries, Paper, Plastics and Rubber.

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