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As rising COVID-19 cases prompt shortage, stock of NBFC with 'oxygen' in its name soars to dizzying heights

: Wednesday, April 21, 2021, 12:04 PM IST
As rising COVID-19 cases prompt shortage, stock of NBFC with oxygen in its name soars to dizzying heights
In recent weeks, there has been something of a frenzy to secure drugs and other medical supplies for COVID-19 patients. Frantic messages inundate social media, and Chief Ministers send out ominous messages about dwindling supplies. But as cases rise and oxygen becomes a scare commodity in many areas, there has been a strange ripple effect in the stock market.
With the daily case tally remaining consistently over the two lakh mark and the situation growing increasingly more problematic, pharmaceutical stocks have done exceedingly well for themselves in recent days. Unfortunately, not everyone seems to have done their homework before joining the healthcare and medical supplies bandwagon. ....

Ram Navami , Bombay Oxygen Corporation , Banking Financial Institution , Chief Ministers , Bombay Oxygen Corporation Limited , Bombay Oxygen , Industrial Gases , Non Banking Financial Institution , ரேம் நவாமி , குண்டு ஆக்ஸிஜந் நிறுவனம் , வங்கி நிதி நிறுவனம் , தலைமை அமைச்சர்கள் , குண்டு ஆக்ஸிஜந் , தொழில்துறை வாயுக்கள் , அல்லாத வங்கி நிதி நிறுவனம் ,

COVID-19: Bombay Oxygen shares up 256%; it doesn't even make oxygen

COVID-19: Bombay Oxygen shares up 256%; it doesn t even make oxygen
Incorporated in 1960 as Bombay Oxygen Corporation Limited, the company is a non-banking financial company which no longer manufactures oxygen.
BusinessToday.In | April 20, 2021 | Updated 22:56 IST
Some of the stock market investors have picked up scarcity of medical oxygen as an opportunity to make quick gains.
As India battles the second wave of coronavirus cases, few entrepreneurial minds seem to be on the look out for making the most of this adversity. While the second wave of COVID-19 cases began in February, reports about scarcity of hospital beds, medicines and medical oxygen started pouring in from across the country in April. Some of the stock market investors have picked up scarcity of medical oxygen as an opportunity to make quick gains. ....

Delhi Police , Bombay Oxygen Investments Ltd , Bombay Oxygen Corporation , Oxygen Investments Ltd , Bombay Oxygen Corporation Limited , Reserve Bank , டெல்ஹி போலீஸ் , குண்டு ஆக்ஸிஜந் முதலீடுகள் லிமிடெட் , குண்டு ஆக்ஸிஜந் நிறுவனம் , ஆக்ஸிஜந் முதலீடுகள் லிமிடெட் , இருப்பு வங்கி ,

COVID-19: Bombay Oxygen shares up 256%; it doesn't even make oxygen

COVID-19: Bombay Oxygen shares up 256%; it doesn't even make oxygen
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Delhi Police , Bombay Oxygen Investments Ltd , Bombay Oxygen Corporation , Oxygen Investments Ltd , Bombay Oxygen Corporation Limited , Reserve Bank , டெல்ஹி போலீஸ் , குண்டு ஆக்ஸிஜந் முதலீடுகள் லிமிடெட் , குண்டு ஆக்ஸிஜந் நிறுவனம் , ஆக்ஸிஜந் முதலீடுகள் லிமிடெட் , இருப்பு வங்கி ,