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Prachi Mehta

2nd May 2025 · SEBI-Registered Analyst

Stocks to watch today : 2 May 2025

LEMONTREE
has opened new property--Lemon Tree Hotel, Mira Road, Mumbai. This managed hotel is the 13th property of the group in Maharashtra. The fresh and vibrant hotel features 108 well-appointed rooms, Citrus Cafe – a multi-cuisine restaurant, a fitness center, a spa and a swimming pool. The hotel offers meeting and conferencing facilities to meet the requirements of discerning guests.
REDTAPE
has commenced commercial operations at its newly established online Warehouse and Operations Set-up situated at Tehsil Sahnewal, District Ludhiana. The newly constructed warehouse encompasses a total storage area of 47,700 sq. ft., comprising 44,000 sq. ft. on the Ground Floor and 3,700 sq. ft. on the Mezzanine Floor. This facility is expected to significantly enhance the company's capability to efficiently cater to the delivery requirements of its online shopping customers.
ASTERDM
Healthcare has completed the acquisition of a 5 per cent stake in Quality Care India (QCIL) in a deal worth Rs 849 crore. The company has acquired the stake in the firm from BCP Asia II TopCo IV (BCP) and Centella Mauritius Holdings (Centella) through a share swap ahead of Quality Care India.
GLAND
has received approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application for Latanoprostene Bunod Ophthalmic Solution, 0.024%. The product is bioequivalent and therapeutically equivalent to the reference listed drug (RLD), VYZULTA Ophthalmic solution, 0.024%, of Bausch and Lomb, Inc. This Product is indicated for the reduction of intraocular pressure (IOP) in patients with open-angle glaucoma or ocular hypertension. Note : Make sure to follow risk management and position sizing at all times

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