Saatvik Solar, Dr Reddy’s, and Kitex Garments see market movement
Investors kept a close watch on individual stocks today as corporate news drove market activity. Shares of Saatvik Solar Industries dropped 7% following the announcement of an MoU to establish a 3.6 GW solar cell plant in Odisha. Meanwhile, Dr Reddy's faced selling pressure after receiving four observations from the USFDA. Additionally, Kitex Garments saw its stock slip 3% after the company gave the green light to a ₹3,000 crore capital raise involving equity, debt, and warrants.