News for Panacea Biotec Limited (PANACEABIO.NS)

Panacea Biotec Ltd.'s share price went up nearly 5% after the company informed the bourses about the launch of its new diaper brand 'NikoMom'. NikoMom is the name under which the company will sell its product line of diapers and wipes. The brand will cater to the domestic market at present. The company added that it would launch the baby care products in some of the international markets in due course.

Panacea Biotec's shares are in focus as the company receives a Letter of Award from UNICEF for supplying 115 million doses of its bivalent oral polio vaccine (bOPV) worth approximately US$ 14.95 million (Rs 127 crore) in CY2025. The company recently posted a profit of Rs 4.8 crore, marking a strong recovery after three quarters of losses.

Panacea Biotech Share Price: A combined 2.1 million equity shares of the company had changed hands till 02:50 PM, and there are pending buy orders for nearly 100,000 shares on the NSE and BSE.

The Nifty Auto index was trading 0.42 per cent down at 25420.75.

The Nifty IT index was trading 0.03 per cent up at 42240.2.

Deep Industries, Indo Amines, Panacea Biotec, Synergy Green Ind and Kopran Ltd, hit their fresh 52-week highs at 10:09AM.

ONGC, Hindalco, Adani Ports SEZ, Tata Motors and NTPC were among the top losers on NSE.

Apollo Hospital, Hero MotoCorp, Adani Ports SEZ, Maruti Suzuki and Eicher Motors were among the top losers on NSE in today's trade.

The Nifty Pharma index closed 0.12 per cent up at 22554.95.

CESC Ventures, Uma Exports, Oriental Trimex, Panacea Biotec and Jet Freight Logistic, hit their fresh 52-week highs during the day.

The Nifty IT index closed 1.39 per cent up at 41662.1.

Stocks to watch: Check out the companies making headlines before the opening bell today, on February 2, 2024.

A short build-up was seen in 79 stocks including Indus Towers, India Cements, ABB India, Larsen & Toubro, and Deepak Nitrite.

Stocks to watch: Check out the companies making headlines before the opening bell today, on December 15, 2023.

The short build-up was seen in 79 stocks. These included Ipca Laboratories, Delta Corp, SBI Card, NALCO, and Vodafone Idea. An increase in OI along with a fall in price points to a build-up of short positions.

Promoter entity QSR Asia was the seller in Restaurant Brands Asia, offloading 12.54 crore shares, equivalent to 25.36 percent of paid-up equity.

Based on the OI percentage, 75 stocks, including Alkem Laboratories, PI Industries, Escorts Kubota, MRF and Dixon Technologies saw long unwinding.

Based on the OI percentage, 87 stocks, including Astral, Lupin, Indiabulls Housing Finance, Titan Company and National Aluminimum Company, saw long build-ups.

Tuesday finally saw some relief for the stock market as both BSE and NSE gained to close at green. Experts says that this fluctuation would continue even today , , wednesday stock market update, share markets, share market today, stock prices today, share prices today, bombay stock exchange, bse sensex, national stock exchange, nse nifty, morning update