The growth in yield was chiefly contributed by robust domestic demand for travel. In the December quarter, the airline followed the strategy of increasing fares and introducing fuel charges.
Biocon shares rose after the company secured a 10-year Pertuzumab supply contract in Brazil. The consortium with Bahiafarma and Bionovis received full allocation under the
IFCI shares fell 7% after a sharp recent rally, after the stock rallied nearly 30% in a month amid Sebi’s approval of the NSE IPO.
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