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Hero MotoCorp, Vedanta, Stove Kraft in spotlight

Hero MotoCorp s consolidated net profit rose 13.01% to Rs 1,019.18 crore on 37.73% rise in total income to Rs 10,032.61 crore in Q3 December 2020 over Q3 December 2019. Vedanta said its sub-committee of board of directors of the company approved the expansion of Lanjigarh Alumina Refinery from existing capacity of 2 MTPA to 5 MTPA at a cost of Rs 3,779 crore approx. Completion of this project will place Lanjigarh Alumina Refinery as one of the world s largest single-location alumina refinery complex. Stove Kraft will make its debut on the bourses today, 5 February 2021. The IPO of the company was sold between January 25 and 28. The issue price is Rs 385 per share.

Biocon gains as subsidiary offers its oncology biosimilars in over 30 countries

Biocon rose 1.04% to Rs 413.90 after the company s subsidiary signed an agreement with the Clinton Health Access Initiative (CHAI) to expand access to lifesaving cancer biosimilars in over 30 countries in Africa and Asia.Biocon Biologics, a fully integrated pure play biosimilars company and a subsidiary of Biocon, has signed an agreement with the Clinton Health Access Initiative (CHAI) to expand access to lifesaving cancer biosimilars in over 30 countries in Africa and Asiaas a part of the Cancer Access Partnership (CAP). The partnership is a significant step in delivering advanced cancer therapies to patientswho need them the most and ensuring equitable access to high-quality biosimilars in low-and middle-income countries (LMICs).

Cancer: Nigerian government approves 12 additional hospitals for chemotherapy

TODAY February 5, 2021 The Minister of Health, Osagie Ehanire, has approved 12 additional hospitals for chemotherapy in the ongoing Cancer Access Partnership Programme aimed at over 50 per cent cost reduction. He disclosed this in a statement he issued on Thursday in Abuja to mark the World Cancer Day, annually marked on February 4 to raise awareness on cancer and to encourage its prevention, early detection, and treatment. He said that the Federal Ministry of Health under his watch had continued to improve access to cancer care services, especially in diagnosis, chemotherapy and radiotherapy services. Chemotherapy is an aggressive form of chemical drug therapy meant to destroy rapidly growing cells in the body. It’s usually used to treat cancer, as cancer cells grow and divide faster than other cells.

Sensex scales record high above 51,000; Nifty above 15,000

Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:28 IST, the barometer index, the S&P BSE Sensex, was up 345.75 points or 0.68% at 50,960.04. The Nifty 50 index was up 95.20 points or 0.64% at 14,990.85. The Sensex scaled record high above 51,000 level in early trade. The Nifty also hit record high above 15,000 level. The S&P BSE Mid-Cap index was up 0.42%. The S&P BSE Small-Cap index was up 0.55%. The market breadth, indicating the overall health of the market, is strong. On the BSE, 1382 shares rose and 670 shares fell. A total of 101 shares were unchanged. RBI policy:

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