Dr Reddy’s has announced the acquisition of the generic portfolio of Mayne Pharma in the US for $105m. The portfolio had sales of $111m in FY22 (ending Jun-22). Our preliminary analysis suggests that the product portfolio is plain vanilla as all the products are oral solid dosage (OSD) and many have high competitive intensity. However, […]
BSE Sensex and NSE Nifty trade in the red amid negative global cues and volatility. The NSE Nifty is down at 18,361, giving up the 18,400 level while Sensex is at 61,669, down by 120 points as bulls-bears tussle for dominance. Reliance Industries, Infosys, Axis Bank, HDFC and L&T are the most active Nifty 50 […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to two stocks/securities on Thursday, December 29, 2022. Balrampur Chini Mills and Indiabulls Housing Finance are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Thursday. According to the NSE, the stocks mentioned […]
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