Stocks in news today: Zydus Lifesciences, Marico, Reliance Infrastructure, Reliance Power, SBI and more | Markets News

Stocks in news today: Zydus Lifesciences, Marico, Reliance Infrastructure, Reliance Power, State Bank of India (SBI).

Stocks in news on Oct 3: Zydus Lifesciences, Marico, Reliance Infra, Reliance Power, SBI (Pic: DEV IMAGES Moment Getty Images)

Mumbai: The share price of Reliance Infrastructure Ltd, Reliance Power, Zydus Lifesciences, Marico, State Bank of India (SBI) are expected to remain in news on October 3, 2024 (Thursday).

Reliance Infra, Rpower share price

Reliance Group confirmed that it will set up 1,270 megawatt solar and hydroelectric projects in Bhutan. It “entered into a strategic partnership agreement with Druk Holding and Investments Ltd (DHI), the commercial and investment arm of the Royal Government of Bhutan, to undertake various initiatives aimed at bolstering investment in the renewable and green energy landscape of Bhutan,” Anil Ambani-led group said in a statement.

The group has set up a new company, Reliance Enterprises, which will be jointly promoted by Reliance Infrastructure Ltd and Reliance Power Ltd.

Zydus Lifesciences share price

Zydus Lifesciences has received a green signal from the US health regulator to produce a generic prostate cancer treatment drug. The US Food and Drug Administration (USFDA) has given a tentative approval to manufacture Enzalutamide tablets (40 mg and 80 mg). Enzalutamide tablets are androgen receptor inhibitors indicated for the treatment of patients with castration-resistant prostate cancer and metastatic castration-sensitive prostate cancer, the company stated.

Marico Share Price

FMCG firm Marico, announced second quarter results, and declared that its consolidated revenue growth in the July-September quarter remained in high single-digits.

“Consolidated revenue growth remained in high single-digits, as higher realisations in the domestic business was offset by incremental currency headwinds in some overseas markets. We expect consolidated revenue growth to move into double-digits in the second half of the year,” the company said.

SBI share price

State Bank of India (SBI) chairman C S Setty stated that the country’s largest public sector bank is planning to open 600 branches across the country in 2024-25.

“We have strong branch expansion plans…this would be mainly focused on emerging areas. A lot of residential colonies are not covered by us. Around 600 branches is something we are planning in the current year,” SBI Chairman told PTI in an interview.

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