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Shares of Marksans Pharma rallied 20 per cent, its upper circuit limit, to Rs 83.70 on Friday. However the counter was trading at Rs 81.75 at 10.35 am. BSE Sensex was up by 297.24 points or 0.57 per cent at 52,597.71 at the same time. The stock settled at Rs 69.75 on Thursday.
NEW DELHI: Seasoned investor Ashish Kacholia, whose portfolio value more than tripled in the last one year, entered Phillips Carbon Black in March quarter with a 1.45 per cent stake purchase, according to latest shareholding data. This is even as he trimmed his stake in stocks such as Birlasoft (55 basis points) and Acrysil (39 basis points). Phillips Carbon had reported a 79 per cent rise in consolidated profit at Rs 125.44 crore for the December quarter. While total income for the quarter was flat at Rs 771.83 crore, Ebit margin jumped to 21.10 per cent from 11.95 per cent in September and ...