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Aditya Birla Capital, Birlasoft, and nine other stocks faced an F&O trade ban on Wednesday due to high open interest levels. The ban is lifted when open interest falls below 80%. Despite initial gains in Asian markets, Sensex closed 166 points lower. Stock-specific details were provided for each company under the ban.

Gland Pharma on Tuesday said its profit after tax declined by 26 per cent to Rs 144 crore for the first quarter ended June 30, 2024. The Hyderabad-based drug maker has reported a profit after tax (PAT) of Rs 194 crore in the April-June quarter of last fiscal.

The total insurance premium for the April-June quarter was reported at Rs 4,871 crore, growth of 62% on a YoY basis.

The consultation paper comes pursuant to the 2023-24 budget announcement which called for simplifying, easing and reducing cost of compliance by comprehensive review of existing regulations.

The operating earnings before interest, tax, depreciation and ammortisation (EBITDA) rose 25.5% YoY to Rs 343 crore. The EBITDA margins rose 190 basis points to 18.4%.Hospital revenues, which constitutes over 83% of overall revenues, increased 14.4% year-on-year (YoY) to Rs 1,549 crore led by 10% YoY and 4% QoQ increase in average revenue per occupied bed (ARPOB) per day during the quarter to Rs 65,924.

To promote ease of doing business, markets regulator Sebi on Tuesday tweaked the framework involving the nomination rights of unitholders of real estate investment trusts (REITs) and infrastructure investment trusts (InVITs) to appoint directors.

Power & Instrumentation (Gujarat) Limited (PIGL) on Tuesday announced its board has approved a fundraising plan of Rs 71.48 crore through the issuance of equity shares and warrants.

Crypto exchange WazirX on Tuesday said an FIR has been filed in the case of a $230 million security breach that happened at the platform last month.