NEW DELHI : Here’s a list of stocks that may be in news in today’s trade: Cipla: After initially rejecting the government’s offer, Cipla has approached the Indian Council of Medical Research (ICMR) for non-exclusive licenses to produce the antibody testing kit developed by the National Institute of Virology in Pune, ICMR said on Thursday. Biocon: The company posted a 42% slump in its consolidated net profit to ₹123 crore for January-March (Q4) as its flagship operations were hit by the disruption caused by the covid-19 pandemic.
Revenue of Biocon Ltd’s subsidiary Biocon Biologics was down by a fifth at ₹357 crore due to operational challenges related to coronavirus. Banks: Finance Ministry has sent a draft circular to banks detailing the