Reliance Capital Ltd, Orient Cement Ltd, Repco Home Finance Ltd and Reliance Naval & Engineering Ltd are among the other losers in the BSE's 'A' group today, 12 September 2018.

Granules India Ltd tumbled 5.16% to Rs 108.35 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 5.41 lakh shares were traded on the counter so far as against the average daily volumes of 3.14 lakh shares in the past one month.

Reliance Capital Ltd crashed 5.06% to Rs 418.1. The stock was the second biggest loser in 'A' group.On the BSE, 8.75 lakh shares were traded on the counter so far as against the average daily volumes of 4.91 lakh shares in the past one month.

Orient Cement Ltd lost 5.02% to Rs 105. The stock was the third biggest loser in 'A' group.On the BSE, 4093 shares were traded on the counter so far as against the average daily volumes of 11765 shares in the past one month.

Repco Home Finance Ltd plummeted 4.61% to Rs 514.65. The stock was the fourth biggest loser in 'A' group.On the BSE, 29376 shares were traded on the counter so far as against the average daily volumes of 9622 shares in the past one month.

Reliance Naval & Engineering Ltd pared 4.61% to Rs 14.5. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.64 lakh shares were traded on the counter so far as against the average daily volumes of 5.39 lakh shares in the past one month.

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The US Food & Drug Administration (US FDA) has approved the Abbreviated New Drug Application (ANDA) filed by Granules India for Ranitidine Tablets USP, 150 mg and 150 mg Cool Mint (OTC). The approved ANDA is the bioequivalent to Reference Listed Drug (RLD) of Maximum Strength Zantac Tablets, 150 mg, of Sanofi-aventis US. LLC. Granules India intends to commercialise this product shortly.

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Net profit of Granules India rose 11.43% to Rs 39.57 crore in the quarter ended June 2018 as against Rs 35.51 crore during the previous quarter ended June 2017. Sales rose 13.74% to Rs 440.34 crore in the quarter ended June 2018 as against Rs 387.14 crore during the previous quarter ended June 2017.

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Net profit of Granules India rose 40.76% to Rs 51.80 crore in the quarter ended June 2018 as against Rs 36.80 crore during the previous quarter ended June 2017. Sales rose 20.06% to Rs 453.24 crore in the quarter ended June 2018 as against Rs 377.51 crore during the previous quarter ended June 2017.

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