Friday, 18 March 2016

Sensex, Nifty remain firm; Hindalco, TCS, BHEL jump 1-3%

For more Free Stock, Commodity And Nifty Market Trading Tips you can call me on 07314759300 or visit us at:

Lupin shares hit fresh 52-week low of Rs 1,624, down 3 percent intraday. CLSA downgraded the stock to underperform from buy and slashed target price to Rs 1,800 from Rs 2,162 earlier as it does not see near-term catalyst. It expects the stock to remain rangebound until clarity emerges on the Goa observations.

Out of nine USFDA observations in Form 483 on Lupin’s Goa plant, two are repeat from the July 2015 inspection (Observation No 2 and 4) while two are worrying (No 1 and 4), feels the brokerage.

1 comment:

  1. Ensure your profits in Commodity market by using accurate Commodity tips and recommendations from top advisory firm Epic Research.