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Cipla, ITC and ICICI Bank to see some action today

20 Dec 2021 Evaluate

Cipla has received approval from the US Food and Drug Administration (USFDA) to market the Lanreotide injection in the American market. The Lanreotide injection is used for the treatment of acromegaly and gastroenteropancreatic neuroendocrine tumors (GEP-NETs).  This approval is a significant step for its US business and is in line with its aspiration to continue growth in its complex product pipeline and address unmet patient needs.

ITC has bought 8.70 per cent equity stake in Mother Sparsh Baby Care, a D2C Ayurvedic and natural personal care brand. The company has acquired on December 17, 2021, in the first tranche, 100 equity shares of Rs 10 each and 940 Compulsorily Convertible Preference Shares of Rs 10 each of Mother Sparsh Baby Care, representing 8.70 per cent of its share capital on a fully diluted basis. Mother Sparsh is a premium Ayurvedic and natural personal care start-up in the D2C space, focusing on mother and baby care segment.

ICICI Bank has raised Rs 5,000 crore through senior unsecured redeemable long-term bonds in the nature of debentures and allotted 50,000 bonds on private placement basis, date of allotment being December 17, 2021. The bonds are redeemable at the end of 10 years (redemption date being December 17, 2031). There are no special rights/ privileges attached to the bonds.

Zomato has completed the acquisition of 1,53,914 compulsorily convertible preference shares and 9,824 equity shares collectively aggregating to 7.89% of the share capital in Bigfoot Retail Solution (Shiprocket), for an aggregate cash consideration of Rs 557.17 crore.

UltraTech Cement has commenced operations from its bulk terminal at Kalamboli, Navi Mumbai. This is the 7th bulk terminal of the Company. The earlier 6 are located at Cochin in Kerala; Mangalore and Doddaballapur in Karnataka; Uran and Pune in Maharashtra and Shankarpalli in Telangana.

Ircon International (IRCON) has entered into Share Subscription and Shareholders' Agreement with Ayana Renewable Power (Ayana) for the execution of the project of setting-up 500 MW solar power plant through Joint Venture (JV) Company which will be incorporated by IRCON and Ayana.

Aditya Ispat has received the necessary Consent for Operation (CFO) from the Telangana State Pollution Control Board, Telangana for commencing the operations of UNIT-II at Kamaram Village, Shankarampet (R) Mandal at Medak District, State Telangana for producing steel wire products and fasteners. The approximate production capacity of the Unit-II will be 3000 tons per anum. The company is expected to commence the trial production in Unit-II within this month of December, 2021.

Cipla Share Price

1232.90 4.00 (0.33%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1665.25
Dr. Reddys Lab 1220.75
Cipla 1232.90
Zydus Lifesciences 928.85
Lupin 2311.75
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