Stocks in news today

$LUPIN has received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application for Sodium Sulfate, Magnesium Sulfate, and Potassium Chloride Tablets, 1.479 g/0.225 g/0.188 g, indicated for the cleansing of the colon as a preparation for colonoscopy in adults. Sodium Sulfate, Magnesium Sulfate, and Potassium Chloride Tablets, 1.479 g/0.225 g/0.188 g is bioequivalent to the reference listed drug (RLD), Sutab Tablets, 1.479 g/0.225 g/0.188 g of Azurity Pharmaceuticals, Inc. Lupin is the exclusive first-to-file for this product and is eligible for 180-day generic drug exclusivity. This product will be manufactured at Lupin’s Nagpur facility in India. $GODREJPROP (GPL) has won the bid for a 23.2 acres (93,905 sq. mtr.) residential land parcel in DMIC integrated township, Greater Noida, through an e-auction conducted by DMIC Integrated Industrial Township Greater Noida. Godrej Properties plans to develop a residential group housing project on the land parcel, which is expected to offer an estimated revenue potential of over Rs 7,000 crore, comprising premium residential apartments of varied configurations. Cyient has entered into a definitive agreement to acquire entire stake in Tao Digital Solutions Inc. (Tao Digital), a global digital engineering firm focused on data, product, and AI-led services, with strengths in data platforms, AI-enabled solutions, and cloud services. The transaction is valued at an enterprise value of $218 million (i.e., around 9.5 times of CY27E EBITDA, excluding management incentives, and retention schemes) and expected to be completed on / before September 30, 2026.