Nithya Balasubramanian on why Cipla will outperform its peers and market post FY23 “In trade generics, Cipla traditionally has been a market leader and I believe that in the next three-four years, trade generics will continue to grow faster than the market and given that they are market leaders with established equity in the system and distribution muscle, I expect Cipla to grow faster.”
Stock market update: Stocks that hit 52-week highs on NSE Axita Cotton, Dhanvarsha Finvest, Jamna Auto, Priti International and Global Education, hit their fresh 52-week highs at 11:10AM.
Cipla to invest Rs 26 crore in GoApptiv to raise stake to 22% The investment will be made in equity shares and Compulsorily Convertible Preference Shares and is likely to be completed within 30 days or such other date mutually agreed between the parties, Cipla said in a regulatory filing.
Cipla buys additional stake in digital health company GoApptiv Post completion of the deal, Ciplas total stake in GoApptiv will increase to 22.02% on a fully diluted basis. The investment will be made in equity shares and compulsorily convertible preference shares and is likely to be completed within 30 days or such other date mutually agreed between the parties subject to fulfillment of necessary closing conditions, Cipla said in a statement.
Pharmaceutical firms were impacted by rising cost pressures for the third consecutive quarter in Q4FY2022. Raw material availability has been influenced by China-related challenges (particul...... read more
Daily Voice | More capital drain on cards, expect 15% more correction, says R Venkataraman of IIFL Securities Monetary policy looks likely to tighten more rapidly than the market can take, and this will be amplified by liquidity contraction through reserve ratio increases / central bank balance sheet run offs.
Wealth Destroyers: 8 Nifty stocks wipe out Rs 13 lakh crore in eight months Amid the correction seen in the index, some of its constituents have also seen a 6-41 per cent fall in their values. As many as eight index stocks have cumulatively wiped out Rs 12.76 lakh crore of investor wealth. The majority of these index stocks are from technology, financial or banking sectors, and have the biggest weights in the index. Each of these constituents has eroded more than Rs 1 lakh crore each, since October 19.
Not the time for cowboy antics, take defensive positions and create as much cash as possible: Dipan Mehta “There is no visibility of a timeline as to when the current crisis around inflation and the Ukraine war will end. There are too many unanswered questions and in such times, it is better to not to have a cowboy attitude and just be on the safer side and take defensive positions and create as much cash as and when you have an opportunity to do so.”
NOTE : I AM NOT SEBI REGISTERED . ITS ONLY MY PERSONAL VIEW AND ONLY FOR EDUCATION PURPOSE NOT FOR TRADE........AND ALL TRADES ARE FOR INTRADAY ONLY.......
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