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UCO Bank, Shilpa Medicare and Bajaj Finserv to see some action today

13 Jul 2022 Evaluate

UCO Bank has received shareholders' approval to raise equity capital by way of issuing up to 100 crore shares. The bank would raise equity capital at appropriate time in the current fiscal to support growth.

Shilpa Medicare’s newly commissioned facility for manufacture and testing of Orodispersible films and Transdermal systems situated at Dabaspet, Bengaluru, Karnataka State, has been issued GMP Certificate by UK Medicines and Healthcare products Regulatory Agency (MHRA). The facility was inspected by MHRA from April 18, 2022 to April 20, 2022.

Bajaj Finserv’s subsidiary company -- Bajaj Allianz Life Insurance has entered into a strategic partnership with City Union Bank to offer its life insurance solutions to the customers of the Tamil Nadu-based bank. Through this partnership, City Union Bank customers will be able to fulfill their long-term financial goals by investing in Bajaj Allianz Life value-packed products ranging from term, savings, retirement, investment solutions. 

Syngene International has entered into an agreement for the purpose of acquisition of renewable power by acquiring equity stake up to 26% in Ampyr Renewable Energy Resources Eleven (AREREPL), Special Purpose Vehicle formed by Ampyr India Asset Holdings, for generation and supply of solar power.

Rail Vikas Nigam’s (RVNL) consortium -- RVNL-SP Singla Constructions has been awarded Letter of Acceptance (LoA) by National Highways Authority of India (NHAI) on July 11, 2022 regarding construction of 4 laning of NH-5 from Kaithlighat to Shakral Village (Shimla Bypass Package I: from Km 128.835 to Km 146.300 for Design Length = 17.465 km) in Himachal Pradesh on Hybrid Annuity Mode. The total estimated cost of the project is Rs 1844.77 crore.

Delta Corp has reported results for first quarter ended June 30, 2022. The company has reported net profit at Rs 46.27 crore for the quarter under review as compared to net loss of Rs 11.63 crore for the same quarter in the previous year. Total income of the company reported over 4-fold jump at Rs 155 crore for Q1FY23 as compared Rs 33.95 crore for the corresponding quarter previous year. On the consolidated basis, the company has reported net profit at Rs 57.13 crore for the quarter under review as compared to net loss of Rs 28.93 crore for the same quarter in the previous year. Total income of the company reported 3-fold jump at Rs 256.33 crore for Q1FY23 as compared Rs 82.72 crore for the corresponding quarter previous year.

Indian Overseas Bank has decided to increase the interest rates offered on the medium term deposits by 05 basis points. Now the interest rates offered under term deposits above 1 Year to less than 2 Year will be 5.45% and for 444 days will be 5.50%.

Shilpa Medicare Share Price

411.55 0.30 (0.07%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1675.20
Dr. Reddys Lab 1235.40
Cipla 1238.30
Zydus Lifesciences 942.55
Lupin 2324.25
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