Stocks to watch out for today: Mazagon Dock, GR Infraprojects, Dilip Buildcon, Indian Oil, Star Health and Allied Insurance, Hindustan Zinc, IDFC FIRST Bank, Dr Reddy's, Bhageria Industries, and more
The company’s R&D expenditure will come down to 7-7.5 percent of sales after the disinvestment in Glenmark Lifesciences. It was virtually double, at 14.2 percent of sales, in FY 17-18