Comments
Alkem Laboratories on Monday informed the exchanges that the USDFA has issued two 483 observations for its Baddi facility. The USFDA had conducted an inspection from September 11 to 15, said Alkem Laboratories in a notice to the exchanges. The company had received the inspection report which contains two 483 observations. "The company shall put together a detailed response with adequate corrective and preventive measures to address the USFDA observations and the same is proposed to be filed within the timeline stipulated by USFDA," it added. After dipping to a low of ₹1,734, shares of Alkem Laboratories closed at ₹1,800, up by 0.35 per cent, on the NSE.
Punj Lloyd has won an order worth ₹120 crore for the supply and commissioning of five Full Body Truck Scanners (FBTS) from the Ministry of Home Affairs. Punj Lloyd will be the first private sector company in India to install these X-Ray based FBTS at the country’s borders, which can detect concealed arms, ammunition, explosives, detonators, IEDs, narcotics and fake currency. The scanners will be manufactured at Punj Lloyd’s manufacturing facility at Malanpur (Madhya Pradesh). The group’s order backlog stands at ₹11,835 crore, after excluding orders of ₹6,845 crore in Libya, which are not seeing traction. The order backlog is the value of unexecuted orders on June 30, 2017 plus new orders received after that date, it said in a statement to the stock exchanges. Shares of Punj Lloyd jumped 3.7 per cent at ₹22.55 on the NSE.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.