Cadila Healthcare Share Price Rallies After Receiving FDA Boost

Cadila Healthcare Share Price Rallies After Receiving FDA Boost – Shares of the drugmaker rose as much as 3.8 percent to Rs 363.10.

The pharmaceutical company received a green signal from the U.S drug regulator Clindamycin Phosphate Topical Solution, used to treat acne, according to its stock exchange filing.

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Fortis Healthcare Falls After Board Backs Munjal-Burman Offer

Gold Silver Reports (GSR) – Fortis Healthcare Falls After Board Backs Munjal-Burman Offer – Shares of the country’s second largest hospital chain operator fell as much as 3.2 percent to Rs 148 after its board said it will recommend the offer proposed by the Munjal and the Burman family offices for the healthcare chain’s hospital and diagnostics businesses.                          

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Idea Cellular Gains After Block Deals

Gold Silver Reports (GSR) – Idea Cellular Gains After Block Deals – Shares of the telecom operator rose as much as 3.1 percent to Rs 73.50. About 4.23 crore shares or 1 percent equity changed hands in two block deals, according to Bloomberg data. Buyers and sellers were not known immediately.

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