Stocks in Focus: Zydus Lifesciences, HCL Technologies, BHEL, NCC, Genus Power Share Price Jumps
Indian markets are expected to open positive today and we could see NSE Nifty above 19300. Markets are receiving strong support at lower levels but as the trend is not clear in the global markets, the local bourses are trading in a narrow range.
Zydus Lifesciences stock could be in focus today as the company has received final US FDA approval for Isotretinoin Capsules used for treatment of severe acne. The acne market is strong in the United States and can offer a boost to Zydus Lifesciences.
Genus Power stock was locked in upper circuit in early trades today as the company's arm Genus Power Infrastructure bagged an order worth Rs 2,247 crore. The stock has gained almost 50 percent during the last one month.
BHEL stock was trading firm in today’s trade as well. The company has strongly outperformed the sector during the last few weeks.
Technology major HCL Technologies has completed the acquisition of 100% stake in ASAP Group. The automotive engineering services provider headquartered in Germany will offer HCL Technologies access to new verticals.