Monday, 7 July 2014
·
Elder Pharmaceuticals plans to
strengthen its remaining existing brands
Elder
Pharmaceuticals Limited post the Torrent Pharmaceuticals Rs. 2004 crore deal,
for which the transaction for sale and transfer of its branded domestic
formulations business in India and Nepal on a slump sale basis got completed
last week.
·
RCom in demand as FTSE hikes
weightage
Reliance Communications
rose 1.15% after index provider FTSE on Friday, 4 July 2014, said it has raised
the weightage of the stock in three indices.
·
IDFC gains 7% on Morgan Stanley
upgrade
IDFC has
surged over 7% on back of heavy volumes after Morgan Stanley raises its price
target for the company to Rs 175 from Rs 115.
·
Tata Motors hits new high
Tata Motors
is higher by 2% after Chairman Cyrus P Mistry said the company is working on a
strong pipeline of products for the domestic market keeping in view changing
customer needs to make the company more profitable over the years.
