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D-Street Buzz: Pharma Stocks Gain Led By Sun Pharma, Biocon; CLSA Picks DRL, Downgrades Aurobindo Pharma

D-Street Buzz: Pharma stocks gain led by Sun Pharma, Biocon; CLSA picks DRL, downgrades Aurobindo Pharma CLSA has a buy on Sun Pharma, Cadila Healthcare and Dr Reddy’s Labs and has a sell on Biocon and Lupin. The research firm has downgraded Aurobindo Pharma to underperform from outperform. January 08, 2021 / 11:33 AM IST Vaishali Pharma | Manju Jayantilal Lodha sold 1,21,952 equity shares in company at Rs 74.81 per share on the NSE. The Indian stock market continues trading in the green with Sensex up 373.22 points or 0.78 percent at 48466.54, and the Nifty added 125 points or 0.88 percent at 14262.40. Among the sectors, the pharma index gained over a percent led by Sun Pharma and Biocon which gained 2 percent each followed by Torrent Pharma, Lupin, Dr Reddy s Labs, Cipla and Divis Labs.

Nifty Sensex remains bullish - Weekly closing report

 0 We had mentioned in last week’s closing report that Nifty, Sensex were trending higher. The major indices continued to rally and ended with major gains.       On Monday, the major indices continued to climb higher. On the NSE, there were 1,357 advances, 549 declines and 341 unchanged.   Reliance Industries will buy IMG Worldwide’s 50 percent stake in the joint venture entity. IMG Reliance Limited is a joint venture between IMG Worldwide LLC and RIL.   NIIT board approved Rs 237-crore buyback plan at Rs 240 per equity share for up to 9,875,000 fully paid-up equity shares of the company.    SBI Life Insurance bought 38 lakh shares of Paisalo Digital for Rs 186.20 crore from the open market. 

52-week high: Stock market update: 106 stocks hit 52-week highs on NSE

Explore Now Benchmark NSE Nifty index was trading -57.85 points down at 13874.75 on Wednesday on account of selling in frontline bluechip counters. Among the stocks that touched their 52-week highs on NSE were: APL Apollo Tubes; Asian Paints; Astral Poly Technik; Bajaj Auto; EID Parry India; Kotak Mahindra Bank; Persistent Systems; Puravankara Ltd; Vaishali Pharma; Tech Mahindra. Overall, 15 shares were trading in green in Nifty50 index, while 35 were trading in red in the afternoon trade. In the Nifty 50 index, Eicher Motors, UPL , UltraTech Cements, Tech Mahindra and Bajaj Finance were among top gainers, while Axis Bank, IndusInd Bank, GAIL, HDFC and Cipla were trading in red.

Vaishali Pharma share hits 52-week high after firm gets first bulk order

Vaishali Pharma share hits 52-week high after firm gets first bulk order The stock price of Vaishali Pharma opened with a gain of 9.9% to the day s high of Rs 64.15 on BSE, against the last close of Rs 58.35. The stock also hit an intraday low of Rs 58.50. Yesterday, the stock had added 20% on NSE BusinessToday.In | December 30, 2020 | Updated 17:22 IST Market capitalisation of Vaishali Pharma stood at Rs 61.54 crore as of today s session. Vaishali Pharma stock has touched a 52-week low of Rs 28.35 Share of Vaishali Pharma touched fresh 52-week high of Rs 64.15,  trading 9.9% higher on Wednesday morning after the company received its first bulk order worth Rs 16 crore for the supply of the pharma products such as PPE kits and other COVID-19 medical products.

Vaishali Pharma Shares Hit 52-week High On First Bulk Order Of Rs 16 Crore

Vaishali Pharma Shares Hit 52-week High On First Bulk Order Of Rs 16 Crore
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