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Several pharmaceuticals and healthcare stocks including Shilpa Medicare, Aarti Drugs, Granules, Narayana Hrudayalaya, Astrazeneca Pharma, Biocon, Aster DM, Glaxosmithkline Pharma and Abbott India among others are trading 20-40 per cent below their 52-week highs.
Investors opening new trading, demat account from Oct to get choice of providing nomination: SebiAll existing eligible trading and demat accountholders will have to provide choice of nomination by March 31, 2022, failing which the trading and demat accounts will be frozen, Sebi said.
from Stocks-Markets-Economic Times h… Read MoreRating upgrades see a sharp rise in June quarter since Covid outbreakThe credit ratio, or upgrades over downgrades, has seen a steady rise since the first quarter of last year. The gauge was at 0.36 in April-June last year with 241 upgrades versus 662 downgrades. It was at 1.77 in January-Marc… Read MoreCentre to scrap 51% holding clause to privatise insurerThe draft Bill, which has been sent for approval by the Union Cabinet before introducing it in Parliament, seeks to remove the 51% floor on government holding, official sources told TOI. Foreign investors will be able to hold… Read MoreDiageo’s home delivery plans hit, exits HipBar at 98% lossWhile the move comes at a time when several Indian states are putting in place norms to allow home delivery of alcohol, Diageo which invested Rs 27 crore in HipBar through its domestic entity USL for a 26% stake in 2018, is s… Read MoreReforms help banks recover Rs 5.5 lakh crore of bad debt: GovtAnd, with indications that the build-up of non-performing assets (NPAs) is lower than anticipated, especially among large companies, the government believes that state-run lenders are well poised to meet the credit requiremen… Read More
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