Orchid Chemicals gets FDA nod for Levetiracetam tablets

Orchid Chemicals and Pharmaceuticals Ltd has received approval from the US Food and Drug Administration (USFDA) to sell levetiracetam tablets, 1,000 mg in that country. Levetiracetam is used in the treatment of epilepsy.

On Monday, Orchid Chemicals shares ended 0.8% up to Rs190 on the Bombay Stock Exchange, while the Sensex closed 0.7% up at 18,278 points.

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EL Forge Q1 net loss narrows to Rs2.7 crore

Auto parts and equipment manufacturer EL Forge Ltd said its net loss narrowed to Rs2.7 crore for the 30 June 2010 quarter as compared to Rs4.9 crore a year ago due to robust revenues.

During the June 2010 quarter, the Chennai-based company's total revenues increased to Rs17.8 crore from Rs9.5 crore in June 2009 quarter, EL Forge said in a regulatory filing.

On Monday, EL Forge shares increased 3% to Rs27 on the Bombay Stock Exchange, while the Sensex closed 0.7% up at 18,278 points.

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Jaihind Projects wins Rs43.1 crore order from Rajkot Municipal Corporation

Construction and engineering company Jaihind Projects Ltd said it won an order worth over Rs43.1 crore from Rajkot Municipal Corporation.

The order includes construction of sewerage related works for Rajkot underground sewerage project phase II part III, it said in a regulatory filing.

On Monday, Jaihind Projects shares ended 0.9% up to Rs285 on the Bombay Stock Exchange, while the Sensex closed 0.7% up at 18,278 points.

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