The biosimilars torchbearer added Rs 21,000 crore to its m-cap over the past two years
India has over 1,400 PE and VC backed companies with majority of recent exits by venture firms having been mergers and acquisitions to derive value to investors
Foreign investors have pumped in Rs 1.15 lakh crore into the Indian capital markets
All that happened in today's trade
Ugar Sugar Mills, Uttam Sugar Mills, Dhampur Sugar, Simbhaoli Sugar and Balrampur Chini Mills were up more than 2% on the BSE.
Since November 8, post Q2FY18 results, the stock surged 50% after reported net profit of Rs 3.3 crore against a loss of Rs 41.5 crore in previous year quarter
The stock hit a 52-week low of Rs 3,164, down 3% on the BSE in intra-day trade.
The stock hit a new high of Rs 2,346, rallied 58% in the past two weeks from Rs 1,484 on November 21, as compared to 2% decline in Sensex
Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher
At the end of today's trading session, the stock was quoted at Rs 984.40, up 2.67%
India and island city have agreed on a new double-tax avoidance treaty, which is likely to be notified soon
The first attempt to auction the valley was a disaster as just two bidders were reportedly in the fray in the initial stages and even these did not turn up for inspection
Fund houses are restricting such investments; heed the signal and stick to SIPs and STPs
Foreign portfolio investors (FPI) were strong net buyers in November along with domestic institutions. But, FPIs have been net sellers in the December settlement
Nifty, Bank Nifty, Bharti Infratel, Coal India, Hindustan Unilever
Major gainers were HUL 1.37%, HDFC with 1.25% and Tata Motors with 1.06%
Higher demand and product launches should drive volumes & market share
Parekh says investors should temper their return expectations as interest rates have fallen over the past three years and valuations have stretched considerably
After deleveraging, the Street will watch out for the pace of inventory sale
Players with a strong balance sheet, execution track record, and robust asset portfolio would be key beneficiaries