Phama majors Ranbaxy and Dr. Reddy are topping the charts at the moment. Ranbaxy is currently trading at 337.05 while Dr. Reddy is at 682.15.
Other Nifty 50 gainers so far include ONGC, Zee Limited, BHEL, Tata Steel, Tata Power, Jet Airways, Reliance and National Aluminum.
Top Nifty 50 losers so far include HCL Tech, TCS, Satyam, Wipro, HDFC, Hindustan Petro, GAIL, Infosys, PNB and Tata Motors.
Add commentMarch 28th, 2007
A leading business media says that Ranbaxy opts out of Merck’s Generics business bidding. Ranbaxy is last Indian company in the race to pull out of the race. It is believed that the reason for opting out of the race, as per the media channel, is that the valuations have stretched a bit. Earlier Dr. Reddy’s opted to come out of the bidding.
Ranbaxy Laboratories Ltd opened at 318.90 and is currently trading at 324.00 (+2.22%)
Add commentMarch 20th, 2007
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