Mumbai: The share price of Reliance Infrastructure Ltd, Reliance Power, Zydus Lifesciences, Marico, State Bank of India (SBI) are expected to remain in news on October 3, 2024 (Thursday).
The benchmark indices BSE Sensex and NSE Nifty ended marginally lower amid profit-taking in oil & gas and select FMCG shares. The 30-share index barometer declined 33.49 points to settle at 84,266.29. The broader Nifty ended marginally lower by 13.95 points to 25,796.90.
Reliance Infra, Rpower share price
Reliance Group confirmed that it will set up 1,270 megawatt solar and hydroelectric projects in Bhutan. It “entered into a strategic partnership agreement with Druk Holding and Investments Ltd (DHI), the commercial and investment arm of the Royal Government of Bhutan, to undertake various initiatives aimed at bolstering investment in the renewable and green energy landscape of Bhutan,” Anil Ambani-led group said in a statement.
The group has set up a new company, Reliance Enterprises, which will be jointly promoted by Reliance Infrastructure Ltd and Reliance Power Ltd.
Zydus Lifesciences share price
Zydus Lifesciences has received a green signal from the US health regulator to produce a generic prostate cancer treatment drug. The US Food and Drug Administration (USFDA) has given a tentative approval to manufacture Enzalutamide tablets (40 mg and 80 mg). Enzalutamide tablets are androgen receptor inhibitors indicated for the treatment of patients with castration-resistant prostate cancer and metastatic castration-sensitive prostate cancer, the company stated.
Marico Share Price
FMCG firm Marico, announced second quarter results, and declared that its consolidated revenue growth in the July-September quarter remained in high single-digits.
“Consolidated revenue growth remained in high single-digits, as higher realisations in the domestic business was offset by incremental currency headwinds in some overseas markets. We expect consolidated revenue growth to move into double-digits in the second half of the year,” the company said.
SBI share price
State Bank of India (SBI) chairman C S Setty stated that the country’s largest public sector bank is planning to open 600 branches across the country in 2024-25.
“We have strong branch expansion plans…this would be mainly focused on emerging areas. A lot of residential colonies are not covered by us. Around 600 branches is something we are planning in the current year,” SBI Chairman told PTI in an interview.
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Stocks in news today: Zydus Lifesciences, Marico, Reliance Infrastructure, Reliance Power, State Bank of India (SBI) shares are expected to remain in focus on October 3, 2024 Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
