Cipla, Bal Pharma, Laxmi Organic and other stocks to watch out for on May 25

May 25, 2021

By: Rounak Jain

Credit: BCCL

Cipla

It has partnered with Roche India to launch COVID-19 antibody cocktail (Casirivimab and Imdevimab) in India priced at ₹59,750 per dose for high-risk patients.

Credit: Cipla

Bal Pharma

It has launched Favipiravir antiviral drug for patients with mild to moderate COVID-19 infection.

Credit: Bal Pharma

Laxmi Organic

The company will declare its March 2021 quarter results today.

Credit: Laxmi Organic

Earnings today

Lux, Laxmi Organic, Emami, Bajaj Electricals, Astrazeneca Pharma India, Bayer Cropscience, Computer Age Management Services, Gati, Ramco Systems, Johnson Controls-Hitachi Air Conditioning India, Stove Kraft, Transport Corporation of India, VIP Industries.

Credit: Pixabay

Amara Raja Batteries

Clarios to sell 17.1 million shares of the company for $174 million, with the floor price fixed at ₹746 per share.

Credit: Amara Raja Batteries

Grasim Industries

Its March 2021 quarter net profit jumped by 36 percent to ₹480 crore while revenue increased by 18 percent to ₹4,394 crore.

Credit: Grasim Industries

Mahanagar Gas

Its March 2021 quarter net profit fell by 2 percent to 213 crore while revenue jumped by 8 percent to ₹718 crore.

Credit: Mahanagar Gas

SBI Cards and Payment Services

It said that it has formed a COVID-19 related stress resolution mechanism in line with the RBI’s recent announcement.

Credit: SBI Cards

JK Paper

It has announced a final dividend of ₹4 per equity share.

Credit: JK Paper

GMM Pfaudler

It has commenced manufacturing at its Vatva facility near Ahmedabad from May 24.

Credit: GMM Pfaudler

Tata Steel, InterGlobe Aviation, Hero MotoCorp and other stocks to watch out for on May 24