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Concord Drugs Ltd Q2FY22 net profit at Rs 45 794 lakhs
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Concord Drugs Ltd Q1FY22 net profit at Rs 68 77 lakhs
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Concord Drugs Ltd Q4FY21 net profit drops QoQ to Rs 33 567 lakhs
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Concord Drugs Limited starts dry syrup division
Posted On: 2021-04-06 10:19:35 (Time Zone: Arizona, USA)
Concord Drugs Limited has started the Dry Syrup Division at its existing plant situated at Survey No.249, Brahmanapally Village, Hayatnagar Mandal - 501511, Telangana.
Shares of Concord Drugs Ltd was last trading in BSE at Rs.31.05 as compared to the previous close of Rs. 29.6. The total number of shares traded during the day was 9949 in over 30 trades.
The stock hit an intraday high of Rs. 31.05 and intraday low of 29.65. The net turnover during the day was Rs. 302416.
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FPIs cut stakes in these stocks in Q3, only to find them rally in Jan & Feb
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For this study, only those stocks were considered where FPIs pared stake by more than 100 basis points during the quarter.
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NEW DELHI: Foreign portfolio investors (FPIs) seemed to have made a few bad decisions during the December quarter, which cost them some solid returns on a few stocks that climbed up to 60 per cent in the first two months of 2021 compared with a 6 per cent gain in the benchmark Sensex during the same period.
For this study, only those stocks were considered where FPIs pared stake by more than 100 basis points during the quarter. Among them is Greaves Cotton, which saw FPIs pare stake by 628 basis points to 5.01 per cent in December quarter from 11.29 per cent at the end of the September quarter. The stock has rallied 63 per cent in the past two months over December 31’s closing price of Rs 85.10 apiece.