Deutsche Bank has maintained buy rating on the stock with a target at Rs 1,320 per share.
The breadth of the market favoured the declines with 744 stocks advancing and 951 declining while 364 remained unchanged. On the BSE, 1078 stocks advanced, 1414 declined and 142 remained unchanged.
Revenue was up 4 percent at Rs 1,204 crore against Rs 1,157 crore.
The company fixed November 30, 2018 as the record date for buyback.
USFDA had conducted an inspection at the company's Bioequivalence facility located at Taloja, Maharashtra from November 8 to 14 2018.
The breadth of the market favoured the declines with 730 stocks advancing and 935 declining while 393 remained unchanged. On the BSE, 1008 stocks advanced, 1271 declined and 127 remained unchanged.
Credit Suisse cut target price of Page Industries to Rs 22,000 from Rs 26,000 per share after it reduced earnings estimates by 5-12 percent over FY19-21.
Decitabine is a generic version of Otsuka's Dacogen for Injection, 50 mg/vial, Single-Dose Vial.
Revenue of the company was up 11.6 percent at Rs 979.7 crore against Rs 878.1 crore.
The company reported a Q2 standalone net profit of Rs 93.72 crore, down 37.76 percent from the same quarter last year.
Japanese investment firm Nomura slashed its target price for Motherson Sumi to Rs 197 from Rs 249 earlier, though it has maintained buy call on the stock.
The airline posted a net loss of Rs 389.3 crore for the September quarter against a net profit of Rs 105.2 crore that the airline posted during the same quarter of last year.
Yes Bank acquired 29,28,504 equity shares, constituting 12.99% of Valecha Engineering, pursuant to invocation of pledge on the said equity shares.
The breadth of the market favoured the declines with 664 stocks advancing and 897 declining while 488 remained unchanged. On the BSE, 808 stocks advanced, 1049 declined and 92 remained unchanged.
Citi has maintained buy rating on the stock and raised target to Rs 1,640 per share.
Foreign research house Deutsche Bank has maintained buy call on the stock, while cut target to Rs 1,250 from Rs 1,450 per share.
ING is likely to be seller in the above block deal and it may have sold 0.7 percent of its total shareholding in Kotak Mahindra Bank, the report said.
The company bagged an order from Tamilnadu Water Supply & Drainage Board, Coimbatore worth of Rs 1558 million.
According to reports by CNBC-TV18, Tata Sons chairman N Chandrasekaran is in favour of the deal, but Chairman Emeritus Ratan Tata has some reservations.
NHPC | Dhanuka Agritech | Indian Hotels | Grasim Industries | UBL | PNC Infratech and Suzlon are stocks, which are in news today.
The breadth of the market favoured the declines with 701 stocks advancing and 976 declining while 379 remained unchanged. On the BSE, 1129 stocks advanced, 1388 declined and 132 remained unchanged.
The breadth of the market favoured the advances with 879 stocks advancing and 770 declining while 406 remained unchanged. On the BSE, 1234 stocks advanced, 1069 declined and 135 remained unchanged.
The company will announce its Q2 results on November 14.
Nomura has maintain neutral call on Ashok Leyland and cut target to Rs 123 from Rs 125 per share.
IT stocks are under pressure on Wednesday as appreciating rupee will impact their export.