STOCKS IN NEWS

Tube Investments declines after poor Q4 outcome - Tube Investments of India is engaged in the business of engineering, cycles and accessories and metal formed products. On the BSE, 1,178 shares were traded on the counter so far as against the average daily volumes of 6,390 shares in the past two weeks. The stock had hit a high of Rs 227.50 and a low of Rs 225 so far during the day. The stock had hit a record high of Rs 307.55 on 13 November 2017 and a 52-week low of Rs 222 on 18 April 2018. Unichem Lab gains after receiving ANDA approval - Unichem Laboratories announced that it has received ANDA approval from United States Food and Drug Administration (USFDA) for Valsartan Tablets USP, 40 mg, 80 mg, 160 mg and 320 mg, which are therapeutically equivalent to DIOVANB (Valsartan) tablets, 40 mg, 80 mg, 160 mg and 320 mg of Novartis Pharmaceuticals Corp. On the BSE, 16,000 shares were traded in the counter so far, compared with average daily volumes of 23,000 shares in the past two weeks. The stock had hit a high of Rs 288.40 and hit a low of Rs 280.05 so far during the day. The stock had hit a record high of Rs 382 on 8 January 2018. The stock had hit a 52-week low of Rs 234.10 on 11 August 2017. For more stock news logon to Indian Stocks Advisory