Reliance Industries has acquired a majority stake in Vitalic Health & subsidiary Netmeds through Reliance Retail Ventures.
The stake includes 60% in Vitalic Health & 100% direct ownership in it's subsidiaries Netmeds, Tresara Health & Dadha Pharma Distribution.
#Reliance#Buyout
Aswath Damodaran's ten key perspectives on valuation:
1. Valuation is not a science or art, but a craft
2. Valuing an asset is not the same as pricing an asset
3. A good valuation comes with a story and numbers
4. All valuations are biased. The only question is how much and...
Lockdown was boring for all of us but it wasn't for Reliance Jio. While we were sitting at our homes Reliance Jio made total deal of 1,52,056 crore which is 33% stake as a whole. https://t.co/M0akY1AStf
SunPharma: 493.90
Call: BUY
Target 1: 510
Target 2: 520
Stop Loss: 480
The CMP is 15Rs shy of all-time high & the chart shows that it could be breached.
RSI & Stochastic have upward momentum & there is a Rounded Bottom formation on the Daily chart signaling an upward move
IGL: 410.95
Target 1: 430
Target 2: 440
Target 3: 460
Stop Loss: 395
The current Price is near Fib 0.5 support of Rs 401.
Stochastic & RSI oscillators are currently on OverSold levels this shows a strong possibility of an upward price move in the near future
CALL: BUY
An asset management company (AMC) is an asset management / investment management company/firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. For a fee,… https://t.co/LJlgbdNe1v
For more than half a century Berkshire Hathaway has been an amazing compounder of growth thank to Warren & Charlie. Here are the top 5 holdings of Berkshire Hathaway
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#investing#investment#trading… https://t.co/9tmjGA7LQE
Motherson Sumi Systems is the second biggest auto ancillary player in the Indian Market, and has been an amazing compounder of growth through the years.
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#income#investment#investing#passiveincomestream… https://t.co/5qmomhR4lG
The automotive industry moved a step closer to the commercial launch of hydrogen-powered vehicles in India with the government-instituted automotive industry standards committee (AISC) submitting a final draft on its regulations.
Vodafone Idea on Thursday told Supreme Court (SC) that it is in no position to furnish bank guarantee, citing losses of over Rs 1 lakh crore. Another telecom operator Bharti Airtel suggested that the telecom company needs to sit down with government on calculations of the dues.
Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) instead of passing on the excise duty hikes to customers adjusted them against the fall in the retail rates that was warranted because of fall in international oil prices.
Petrol price on Wednesday was hiked by 55 paise per litre and diesel by 60 paise a litre. This is the 11th straight day of increase in rates since oil companies on June 7 restarted revising prices in line with costs, after ending an 82-day hiatus in rate revision.
The Telecom Regulatory Authority of India (Trai) has dismissed claims made by telemarketers that blockchain-provider Tanla Solutions has an 'unfair competitive advantage', saying the allegation is 'unsubstantiated and holds no ground'.
Cadilla group now has 291 approvals and has so far filed over 390 abbreviated new drug applications. The drug will be manufactured at the groups manufacturing facility at SEZ, Ahmedabad.
Zydus Cadilla, part of Cadilla Health group on Tuesday said that is has got the final approval from the US FDA to manufacture the generic version of Deferasirox tablets used in the treatment of chronic iron overload.