Healthcare stocks were trading in green, with the S&P BSE Healthcare index increasing 261.06 points or 1.24% at 21299.45 at 09:48 IST. Among the components of the S&P BSE Healthcare index, Wockhardt Ltd (up 4.56%), Take Solutions Ltd (up 3.99%),Healthcare Global Enterprises Ltd (up 3.88%),Astrazeneca Pharma India Ltd (up 3.78%),Neuland Laboratories Ltd (up 3.54%), were the top gainers. Among the other gainers were Piramal Enterprises Ltd (up 3.37%), Aster DM Healthcare Ltd (up 2.76%), Alembic Ltd (up 2.73%), Alembic Pharmaceuticals Ltd (up 2.68%), and Thyrocare Technologies Ltd (up 2.56%). On the other hand, Suven Life Sciences Ltd (down 5%), Ipca Laboratories Ltd (down 1.09%), and Indoco Remedies Ltd (down 0.82%) turned lower.
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AHMEDABAD: Riding on their stocks’ strong performance on bourses, five Gujarat-based companies have added more than a billion dollar in their market capitalisation in 2020. These firms are Adani Green Energy Limited (AGEL), Adani Enterprises Limited (AEL), Cadila Healthcare Limited, Torrent Pharmaceuticals Limited and Alembic Pharmaceuticals Limited.
The equity markets this year registered historic falls in March due to the pandemic and bounced back to hit all-time highs over vaccine developments. With a 483% jump in its share price from Rs 174.8 on January 1to Rs 1,018.4 on December 16, AGEL has amassed a whopping Rs 1.31 lakh crore or $17.9 billion in m-cap this year. Its market cap has galloped from Rs 27,338 crore to Rs 1.59 lakh crore.
Healthcare shares rise
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