Company news, Market News, Stocks

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Torrent Pharma acquires healthcare brands from Novartis:Torrent Pharma has said that it has completed the acquisition of women healthcare brands Regestrone and Pregachieve for India from Swiss pharma major Novartis AG.

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Dena Bank reports net loss of Rs 575.26 crore in Q4:The Bank has posted a net loss of Rs 575.26 crore for the quarter ended March 31, 2017.

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Precision Wires India surged over 4% after net profit rose 39.72% to Rs 6.93 crore on 18.3% rise in net sales to Rs 247.94 crore in Q4 March 2017 over Q4 March 2016.

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CMI rose over 3% after the company won an order from Gujarat Energy Transmission Corporation (GETCO) for supply of 66KV XLPE cables. The order is revenue accretive and will be delivered within two quarters of the year ending 31 March, 2018 (FY 2018).

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