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Berger Paints CEO, Abhijit Roy, has said that there is no need to lower prices in the Indian market if demand continues to hold up. Roy said that following a weak Q3 due to bad weather, the paint industry was back on a growth path with almost double-digit growth expected in Q4. The correction in raw material prices was helping the industry recoup earlier losses, he said.

Sources said issue size likely reduced to $ 400-600 million all of which will be a primary issuance to repay debt.

According to the regulator, the framework aims at giving benefits such as interest on the blocked funds in a client’s savings account till the time the amount is debited.

As per Trendlyne data, the average target price of the stock is Rs 61, which shows a downside of 10% from the current market prices. The consensus recommendation from two analysts for Rail Vikas Nigam is a strong buy.

Further, for the Indian Navy, contracts for Software Defined Radio (1,265 units), HD VLF HF Receiver (1,178 units), and Sarang (12 units), were signed. Sarangs will be installed on Kamov 31 helicopters of the Indian Navy which intercepts, detects and identifies the radar emitters comprising state-of-the-art technologies.

Brimonidine Tartrate Ophthalmic Solution is an alpha-adrenergic receptor agonist indicated for the reduction of elevated intraocular pressure (IOP) in patients with open-angle glaucoma or ocular hypertension.

The interim dividend outgo will be Rs 37.66 crore, the company said in its filing to the exchanges. "The record date for reckoning the shareholders who shall be entitled to receive the said dividend shall be Friday, March 31, 2023," the release said.

The IPO comprises a fresh issue of shares worth 12.5 billion rupees ($152.1 million) and an offer for sale of 109.4 million shares, according to the draft prospectus - unchanged from its last filing - dated March 30.

Investors will closely monitor flash estimates of euro zone inflation data, which is expected to show a moderation in consumer price growth in March on a yearly basis.

Mazagon Dock Shipbuilders, incorporated in the year 1934, is a Small Cap company (having a market cap of Rs 13559.62 Crore) operating in Defence sector.