logo
Ajanta Pharma Ltd spurts 1.6%, gains for third straight session

Ajanta Pharma Ltd spurts 1.6%, gains for third straight session

Ajanta Pharma Ltd is quoting at Rs 2673.5, up 1.6% on the day as on 12:49 IST on the NSE. The stock is up 17.95% in last one year as compared to a 4.25% spurt in NIFTY and a 9.36% spurt in the Nifty Pharma index.
Ajanta Pharma Ltd is up for a third straight session in a row. The stock is quoting at Rs 2673.5, up 1.6% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.19% on the day, quoting at 25357.75. The Sensex is at 83097.4, down 0.17%. Ajanta Pharma Ltd has risen around 3.71% in last one month.
Meanwhile, Nifty Pharma index of which Ajanta Pharma Ltd is a constituent, has risen around 3.35% in last one month and is currently quoting at 22204.25, up 0.74% on the day. The volume in the stock stood at 78348 shares today, compared to the daily average of 1.6 lakh shares in last one month.
The PE of the stock is 36.25 based on TTM earnings ending March 25.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

City in pole position for CWG with eye on 2036 Olympics
City in pole position for CWG with eye on 2036 Olympics

Time of India

timean hour ago

  • Time of India

City in pole position for CWG with eye on 2036 Olympics

Ahmedabad: Eight years after earning the Unesco tag as India's first World Heritage City, Ahmedabad is chasing another global title — host of the 2030 Commonwealth Games (CWG). On Wednesday, the Indian Olympic Association (IOA), at its Special General Meeting, placed the city among the top contenders — a move widely seen as a dress rehearsal for the bigger prize: the 2036 Olympics. Ahmedabad's bid is anchored by the Rs 6,000-crore Sardar Vallabhbhai Patel Sports Enclave — a 236-acre, Olympic-grade complex being developed through a state–AUDA public-private partnership. Scheduled for completion in 2029, it will feature the Narendra Modi Stadium (the world's largest cricket venue), a 50,000-seat football stadium, an 18,000-seat indoor arena, a 12,000-seat aquatics centre, an athletes' village, plus hotels and commercial hubs. Supporting facilities include the Naranpura Sports Complex and a network of mini-sports centres across city zones, with Rs 125 crore earmarked for grassroots infrastructure in Naroda, Ghuma, and beyond. A senior sports department official said Gujarat had conveyed its CWG intent to Chris Jenkins OBE, then president of Commonwealth Sport, during his Jan 2025 visit — a proposal later backed by the union ministry of youth affairs and sports. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If you have a mouse, play this game for 1 minute Navy Quest Undo You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad | Gold Rates Today in Ahmedabad | Silver Rates Today in Ahmedabad Infrastructure upgrades are keeping pace with the bid. The Rs 3,130-crore integrated terminal at Sardar Vallabhbhai International (SVPI) Airport — set to double passenger capacity before 2030 — aligns with CWG and Olympic timelines. Metro extensions, BRTS upgrades, and a multi-modal transport hub are also planned. The hospitality sector is expanding rapidly. The Sabarmati Riverfront Development Corporation Ltd (SRFDCL) has cleared a 17-storey hotel and a Rs 792.5 crore Convention, Cultural and Business Centre near Paldi, while global hotel brands are increasing their presence along Sindhu Bhavan Road and in GIFT City. The city's confidence draws on its record of hosting marquee events — from the ICC World Cup final to Vibrant Gujarat Summits and the sold-out Coldplay concert in Jan 2025. Gujarat is also eyeing the 2027 Women's Volleyball World Championship and the World Military Games to further burnish its credentials. Officials said the plan is to stage a "full-fledged Games" featuring medal-rich sports like shooting, wrestling, and badminton, alongside indigenous disciplines such as kabaddi and kho kho. Ahmedabad's CWG blueprint takes cues from Birmingham 2022's cost-effective delivery and Euro 70-million local reinvestment, including a jobs and skills academy that trained over 20,000 people. The city's version will be guided by an Indian Institute of Management Ahmedabad (IIMA) impact study to ensure transparency and sustainability. Commissioned by the Gujarat Sports Infrastructure Development Company (GSIDC Ltd), and to be conducted over the next six months, the studies aim to evaluate the potential impacts on Ahmedabad and Gujarat, ensuring alignment with global sustainability standards. The studies will focus on identifying and standardizing relevant environmental metrics, design of a stakeholder engagement framework for environmental assessment, and assessment of carbon emissions associated with the Games. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.

CSMT overhaul delays Thane, Kalyan revamp
CSMT overhaul delays Thane, Kalyan revamp

Time of India

timean hour ago

  • Time of India

CSMT overhaul delays Thane, Kalyan revamp

Mumbai: The Railway Land Development Authority (RLDA) has decided to defer the redevelopment of Thane and Kalyan railway stations until at least half the work on Chhatrapati Shivaji Maharaj Terminus (CSMT) is completed -- a milestone likely to be reached only next year. At present, only about 15% progress has been made on the Rs 2,450-crore CSMT overhaul. Officials said that once work at CSMT gathers pace, it will require blocks at the busy terminus, leading to cancellation or relocation of several long-distance train services. Starting parallel redevelopment at Thane and Kalyan, they said, would mean additional blocks on the main line, impacting both suburban and mail/express services. "If too many timetable changes are introduced at the same time, it will trigger large-scale resentment among passengers," a railway source said. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai | Gold Rates Today in Mumbai | Silver Rates Today in Mumbai A senior Central Railway official explained the rationale: "We expect 50-60% progress on CSMT's redevelopment before we take up Thane and Kalyan. That will give us breathing space at the terminus and the confidence to manage work at the other two stations." The RLDA, in coordination with Thane Smart City Limited, is planning a multi-modal transit hub at Thane. The east side of the station is to house an 11-storey commercial complex with a basement. Spread over 1.1 lakh sqm, Thane handles both suburban and long-distance trains on the main and trans-harbour lines, serving over 6.5 lakh passengers daily with more than 1,000 train services across its 10 platforms. The revamp aims to decongest the station, improve east-west connectivity, and enhance passenger safety and convenience. Plans include faster dispersal through 20 lifts, 17 escalators and three travelators, alongside full utilisation of floor space index (FSI) for commercial use. For Kalyan, the RLDA is finalising a master plan, with the project likely to be taken up through a public-private partnership. Officials said both stations are crucial nodes in Mumbai's rail network, and simultaneous construction at all three -- CSMT, Thane and Kalyan -- would cause an operational logjam, hence the staggered approach. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.

Kerala High Court Serves Ultimatum To Centre To Decide On Loan Waiver For Wayanad Landslide Victims
Kerala High Court Serves Ultimatum To Centre To Decide On Loan Waiver For Wayanad Landslide Victims

NDTV

timean hour ago

  • NDTV

Kerala High Court Serves Ultimatum To Centre To Decide On Loan Waiver For Wayanad Landslide Victims

Kochi: The Kerala High Court on Wednesday issued a stern ultimatum to the Central government, granting it one final opportunity to convey its decision on waiving off loans taken by victims of the Wayanad landslides. A division bench of Justices A.K. Jayasankaran Nambiar and Jobin Sebastian was hearing a suo motu case initiated following the devastating landslide that struck Wayanad on July 30, 2024. When the matter came up, the court inquired about the Centre's position on the loan waiver. The Additional Solicitor General, appearing for the Centre, informed the bench that no final decision had been communicated to him yet, but assured that he would update the court by September 10. Taking note of the prolonged delay, the bench ordered: "Post these matters on 10th September. This is the last chance for the Central government to revert to this court regarding their decision on the loan waiver." In previous hearings, the ASG had explained that the matter had moved from the Ministry of Home Affairs to the Department of Expenditure and subsequently to the Finance Ministry, where it is pending further instructions. This is not the first time the court has expressed dissatisfaction with the Centre's approach. In April, the High Court had criticised the Union government and the National Disaster Management Authority for inaction and urged them to emulate Kerala Bank's example, which wrote off Rs 5 crore worth of loans owed by affected residents. According to court records, 12 banks collectively hold 3,220 accounts in the landslide-hit region, with total exposure amounting to Rs 35.30 crore. The bench had earlier reminded the Centre of its responsibility as the chief executive in a welfare state, urging it to aid citizens who lost their livelihoods, instead of allowing banks to adopt a 'Shylockian' approach towards borrowers. The July 30, 2024, disaster decimated four villages, injured hundreds, claimed over 200 lives, and left 32 people still missing. Survivors continue to face financial hardship as they struggle to rebuild their lives.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store