: StockMarketNEWS Daily Updates Pharma stocks rally led by Divis Labs, Cipla

@StockMarketNEWSMon 10 Aug, 2020

Posted in: #StockMarketNEWS

Latest #StockMarketNEWS by #MunafaSutra Daily Updates

Pharma stocks rally led by Divis Labs, Cipla; Lupin, Sun Pharma gain 3% each
Lupin gained over 5 percent followed by sun pharma and dr reddy#39;s labs up 3 percent each while biocon, cadila healthcare and aurobindo pharma were the
other gainers.
All the sectoral indices ended in the green led by the pharma, bank, auto, fmcg and it. bse midcap and smallcap indices ended with over 1 percent gain.

Divis Labs shares rally 12% as Q1 profit spikes 81%; HSBC raises target to Rs 2,755
The pharma company reported 80.61 percent rise in consolidated net profit at rs 492.06 crore for june quarter 2020 mainly on account of robust sales.

IndusInd Bank up 2%, Eveready hits 52-week high as bank acquires stake in battery maker
Promoter group khaitan family#39;s stake in eveready industries has slipped below 10 percent after indusind bank acquired stake by invoking pledged shares.

Telecom stocks trade mixed ahead of SC#39;s AGR hearing; Vodafone Idea gains, RCom down 4%
Sp bse telecom is trading marginally in the green ahead of the supreme court hearing with vodafone idea gaining 2 percent while bharti airtel was trading
in the red.



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