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This decision will open new gates for the India business and employees in a value-driven move to accelerate growth for both the pharmaceuticals business (SIL) and consumer healthcare business (SCHIL) in India, the drug maker said.

We cannot all blame it on investors and of course, I think the large part of the solution is in educating investors but it is it is not the whole thing. You also need very heavy action against the fraudsters so that it becomes an example for future scamsters that this is what happens. It is not just the cost of doing business but you go straight to jail.

The BSE benchmark Sensex advanced 179 points or 0.29% to settle at 61,940. The broader NSE Nifty50 rose 49 points or 0.27% to end at 18,315.​

Foreign brokerage Morgan Stanley believes 4 stocks could be added to the index.

The prospects for gold remain bright as rising interest rates in the US has resulted in a banking crisis in the US and a probable recession which might lead the investors to further increase their investments in gold and further appreciation in gold prices.

A total of 11,212 shares changed hands on the counter till 02:00PM (IST).

The stock quoted a 52-week high of Rs 432.8 and a 52-week low of Rs 132.55.

The brokerage expects CIL to report consolidated EBITDA margins of 23.0% for FY24E and 22.8% for FY25E.

Promoters held 60.79 per cent stake in the company as of 31-Dec-2022, while FIIs owned 6.6 per cent, DIIs 19.2 per cent.

Shares of Rail Vikas Nigam (RVNL) fell 14% in three trading days, and they are currently locked in a 5% lower circuit. Despite this recent decline, RVNL has delivered a return of 148% in the last six months and has surged 645% in the last five years. Aditya Gaggar, Director of Progressive Shares, said RVNL is performing well, backed by an order backlog and government initiatives in the infrastructure space. In Q3FY23, RVNL reported a 30.5% rise in consolidated net profit at Rs 382.42 crore.