Shilpa Medicare soars over 11% to record high on positive phase 3 trial results for fatty liver drug NorUDCA

Shilpa Medicare soars over 11% to record high on positive phase 3 trial results for fatty liver drug NorUDCA

Shilpa Medicare shares surged over 11 percent to its record high after the company announced a successful outcome in Phase 3 studies for SMLNUD07, a drug known as NorUDCA. This medication is designed to treat patients with Nonalcoholic Fatty Liver Disease (NAFLD). Shilpa Medicare shares skyrocketed over 11 percent to reach a record high following …

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Aarti industries stock tanks over 16% on guidance concerns post Q1 results

Aarti industries stock tanks over 16% on guidance concerns post Q1 results

Shares of Aarti Industries plunged over 16% in intra-day trading on Tuesday, August 13, following the company’s Q1FY25 earnings report. The sharp decline was driven by investor concerns over the company’s guidance and margin pressures, compounded by ongoing market uncertainties and increasing competitive pressures from China. The stock lost as much as 16.3 percent to …

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Adani Group Stocks, Adani Enterprises, Adani Green Energy, Adani Wilmar and Adani Ports Share Price Today: Adani Group stocks fall amid Hindenburg-SEBI row; Adani Enterprises, Adani Ports among top losers

Adani Group Stocks, Adani Enterprises, Adani Green Energy, Adani Wilmar and Adani Ports Share Price Today: Adani Group stocks fall amid Hindenburg-SEBI row; Adani Enterprises, Adani Ports among top losers

Indian shares declined on Monday, with all 10 Adani group stocks dropping after U.S. short-seller Hindenburg Research alleged the head of the country’s markets regulator held a stake in offshore funds used by the group. The NSE Nifty 50 index was down 0.31% at 24,291.55, as of 10:18 a.m IST, and the S&P BSE Sensex …

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Stocks drop, Nasdaq confirms correction as recession fears mount

Stocks drop, Nasdaq confirms correction as recession fears mount

U.S. stocks sold off for a second straight session on Friday, and the Nasdaq Composite confirmed it was in correction territory after a soft jobs report stoked fears of an oncoming recession. The Labor Department said nonfarm payrolls increased by 114,000 jobs last month, well short of the 175,000 average forecast by economists polled by …

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