Shares of Natco Pharma jumped nearly 3%, the most in this week so far. Trading volume is thrice the 30-day average. A dividend of Rs 3.5 is payable on August 30 and the stock will trade ex-dividend on Friday.
Stock Market
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Buy Nifty Between 16,800 to 17,000 | Neal Bhai Reports
Nifty Under Buy on Dips: Being long in the market last week helped, as the benchmark index did move higher and fared reasonably. It was not all smooth sailing as intra-week volatility was visible. But bite was missing in the selling and sentiment repair was evident from the fact that the market made an attempt to move higher every chance it got, and breadth too was fairly broad-based.
Max Healthcare To Acquire Stake In Eqova Healthcare
Max Healthcare Institute Ltd. announced acquisition of equity stake in Eqova Healthcare.
- Shares equivalent to 26% of stake in Eqova shall be acquired in the first tranche. The cost of acquisition of tranche 1 shares if Rs 47.18 crore.
- The acquisition of remaining equity stake will be completed in a phased manner.
- Eqova has long-term exclusive rights to aid development of and provide medical services to a 400-bed hospital to be built on Patparganj, Delhi.
Stock Market Recommendations [04-02-2022]
Stock Market Recommendations [04-02-2022] : India’s stock benchmarksfell, dragged bylosses in information technology, realty stocks. The S&P BSE Sensex fell 0.29% to 58,620.01. The NSE Nifty 50 alsodeclined by similar magnitude to 17,503.90.
Cera Sanitaryware Jumps The Most In A Month As Analysts Upgrade The Stock After Strong Q3
Shares of Cera Sanitaryware Ltd. rose over 5%, the biggest intraday gain in over a month, to Rs 4,720 apiece as analyst raised target after the company reported sequential growth in net income and revenue for the December-quarter, during market hours on Monday.