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Sudarshan Chemical shares jump 11% after Roha plant opens, India Ratings upgrades outlook

Shares of Sudarshan Chemical Industries rallied 11 percent intraday on April 8 after India Ratings revised its outlook on the company to "positive" from "stable".Another reason for the rally could be the recommencement of production at Roha plant, Maharashtra.The stock rallied 5.67 percent in the previous session, taking the two-day gains to over 17 percent. It was trading at Rs 386.25, up Rs 16.75 or 4.53 percent o...

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Adani Green Energy shares jump 5% after forming JV with TOTAL

Shares of Adani Green Energy jumped almost 5 percent in morning trade on BSE on April 8, a day after the company said it received Rs 3,707 crore for the formation of the joint-venture (JV) with a French firm TOTAL."TOTAL S.A. (TOTAL), through its step-down subsidiary has invested approximately Rs 3,707 crore for a 50 percent partnership with Adani Green in a JV," a regulatory filing by the company on April 7 said."T...

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Maruti Suzuki share price rises 8% despite fall in production in March

Maruti Suzuki India share price rose 8 percent intraday on April 8 even after the company reported weak production numbers for the month of March.The company's total production in March 2020 fell 47 percent to 92,540 units from 136,201 units in the year-ago.Its passenger cars production declined to 69,854 units from 101,807 units, YoY.At 11:25 hrs, Maruti Suzuki India was quoting at Rs 4,838.65, up Rs 289.05, or 6.3...

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Galaxy Surfactants partially resumes plant operations; share price rises 6%

Galaxy Surfactants share price rose over 6 percent intraday on April 8 after the company partially resumed the operations.We have partially resumed our operations at our plants with effect from April 6, 2020, the company said in a press release.We are taking necessary preventive measures like social distancing, temperature testing, providing masks to workers etc. to avoid any infection due to COVID-19, it added.At 1...

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Wipro shares gain 4% ahead of March quarter earnings next week

Shares of IT company Wipro rallied 4 percent intraday on April 8 ahead of its Q4 FY20 earnings. The company will announce its March quarter earnings next week.Wipro on Tuesday said the meeting of the board of directors would be held on April 15 to consider and approve the condensed audited standalone and consolidated financial results under IndAS for the quarter and year ended March 31, 2020.The board will also cons...

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