Page 44 - Sun Pharma News Today

Orchid Pharma, Schneider, Tree House Edu, TRF Ltd and Apollo Pipes, hit their fresh 52-week highs at 11:05AM.

Indian generic drugmaker Zydus Lifesciences reported a bigger-than-expected rise in third-quarter profit on Friday, driven by strong sales in its domestic and overseas markets....

ONGC, BPCL, Coal India Ltd, Hindalco and M&M were among the top losers on NSE.

Market breadth was in favour of losers. About 2,509 shraes declined, 1,329 advanced and 94 were unchanged

​Indian generic drugmaker Zydus Lifesciences reported a bigger-than-expected rise in third-quarter profit on Friday, driven by strong sales in its domestic and overseas markets.

Some gains in index heavyweights ITC, Sun Pharma, Bajaj Twins, Reliance Industries and Asian Paints also helped cap downside

M&M, ONGC, Bharti Airtel, NTPC and Hindalco were among the top losers on NSE in todays trade.

Benchmark Sensex rebounded by 167 points in a volatile trade on Friday amid buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.

Bluechip Sensex stocks, SBI, Sun Pharma, and ICICI Bank were the top gainers, rising 2-3.5%. Axis Bank, Bajaj Finance, Nestle, Titan, and Asian Paints also closed with gains, while M&M, Airtel, NTPC, Tata Steel, and JSW Steel closed with cuts.

The better way to play pharma is Sun Pharma and Aurobindo which we like. The other trend is domestic outlook for the growth for pharma. The proxy there is Torrent and Ajanta.Railways have new avenues of growth and strong momentum. Medium-term targets and government support improve growth prospects. Larger railway stocks like Concor, Kalpataru, and KEC are attractive due to their involvement in electrification lines. Having said that, some of the mid and smallcaps have run up much sharper.