Marks says investors often engage in selling at highs because they believe a decline is imminent and they have the ability to avoid it. The truth, he said, is that buying or holding – even at elevated prices – and experiencing a decline is in itself far from fatal.
Aurobindo Pharma on Friday said it has received a warning letter from the US health regulator for its Hyderabad-based Unit I, an API (active pharmaceutical ingredient) manufacturing facility. The action follows the recent inspection of the facility by the US Food and Drug Administration (USFDA) in August 2021, the drugmaker said in a regulatory filing.
When Finance Minister Nirmala Sitharaman details the Union Budget for the next financial year on February 1, one of the most keenly awaited announcements will be the fiscal deficit that the government is aiming for as the degree of spending the centre plans is key to ensuring a sustainable revival from the scars of the COVID-19 pandemic.
As of 31-Dec-2021, promoters held 29.33 per cent stake in the company, while FIIs held 52.41 per cent and domestic institutional investors had 6.64 per cent.
Gurugram-based Delhivery becomes the first top-tier startup this year to have obtained Sebi’s nod to list on domestic bourses.
The stock traded at a P/E multiple of 123.83, while the price-to-book value ratio stood at 26.94.
"China agreed to release a relatively bigger amount if oil is above $85 a barrel, and a smaller volume if oil stays near $75 level," said one source, without elaborating.
A total of 97,435 shares changed hands on the counter till 01:40PM (IST)
"Another space is we are increasing our weightage is companies. There is a little bit of play on the cyclical recovery, whether it is real estate cyclical recovery or whether it is auto cyclical recovery."
The money raised in the issue by JSW Infrastructure will be used to repay the existing debt of the company and its subsidiaries.
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