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Stock Market Updates: Nifty Pulls Back from Record High; Sensex Gains 100 Points

Lupin Reports Share Allotment; Stock Up 1.66%

Lupin has announced that its Allotment Committee of Directors, in a meeting held today, August 28, 2024, allotted 121,150 fully paid-up equity shares at Rs 2 each. These shares were granted to employees under the company’s stock option plans. Following this allotment, Lupin’s issued and paid-up capital has increased to Rs 91,22,74,838, comprising 45,61,37,419 equity shares of Rs 2 each. The company’s stock has risen by 1.66% in response to the news.

NBCC Shares Reach 52-Week High

Shares of NBCC, a state-owned construction firm, surged 18% to a 52-week high of Rs 209.75 on the Bombay Stock Exchange (BSE). The company’s stock has shown significant upward momentum, continuing its strong performance on the exchanges.

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