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Business News

PI Industries hits record high on successful QIP issue; surges 8% in 2 days

Shares of PI Industries hit a new all-time higher of Rs one,789, up three.five per cent in the intra-working day trade, on the BSE on Friday. The stock has surged 8 per cent in the earlier two times soon after the corporation properly lifted Rs two,000 crore via competent institutional placements (QIP).

The agro-chemical business on Wednesday said the corporation has fixed concern selling price at Rs one,470 per share, about four per cent reduce than the floor charge, for sale of shares to institutional traders.

PI Industries has obtained a sturdy reaction from institutional traders for its QIP concern.

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Business Express

Wuhan’s Coronavirus Death Toll Surges By 50% After China Reviews Data

The demise toll from the new coronavirus jumped by 50% in Wuhan, the authentic heart of the pandemic, following wellbeing authorities in the Chinese city declared revised numbers.

The amount of deaths in Wuhan attributed to Covid-19, the ailment triggered by the coronavirus, enhanced by 1,290 to three,869, in accordance to a observe from Wuhan officials posted Friday by China’s official Xinhua Information Company.

The…

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Business Unit

Coronavirus Surges in Some Asian Countries That Had Been Lightly Hit

As the U.S. and other countries glimpse to reopen pandemic-closed economies, some Asian nations that appeared to have dodged the worst of the coronavirus’s hurt are observing jumps in bacterial infections and deaths.

Singapore late Wednesday verified 447 new scenarios of Covid-19, the illness brought on by the virus, its maximum each day rely to date.

The country’s…

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Business News

MARKET LIVE: Indices recover; Sensex surges 400 pts, Nifty above 9,600

Markets, Market fall, bear

The Indian marketplaces staged some restoration immediately after reopen. The S&P BSE Sensex was up 474 points, or 1.forty five per cent, at 33,128 concentrations even though the Nifty was up over 9,seven-hundred concentrations, up 119 points, or 1.twenty five per cent.

Previously. investing was halted for forty five minutes as the Nifty50 index strike a 10 per cent lessen circuit on Friday. The index was down over 1,000 points, or eleven per cent, at eight,530 concentrations. The S&P BSE Sensex tumbled over 3300 points, or 10.3 per cent, at 29,390 concentrations.

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Business Consultant

Metropolis Healthcare hits record high, surges 41% in 2 months

Shares of Metropolis Health care rallied 6 per cent to hit a new superior of Rs 1,982 on the BSE on Monday amid expectation of powerful profits expansion on the again of nutritious quantity expansion due to powerful additions to the affected individual provider community. The leading diagnostic provider provider’s inventory was trading at its highest level given that April fourteen, 2019.

In the past two months, Metropolis Health care has outpaced the marketplace by surging 41 per cent, as compared to 7 per cent drop in the benchmark S&P BSE Sensex. With today’s rally, the inventory has zoomed one

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