Dr Reddy's scales 52-week high, why?
Mon, Feb 19, 2024 12:52 PM

Dr Reddy's scales 52-week high, why?

A Flip by Shubhangi Gupta
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Dr Reddy's Laboratories' stock jumped 2% and hit a one-year high after reports emerged that the company is looking to acquire Novartis India. Dr Reddy's management has shown interest in acquiring a domestic-focused portfolio, while Novartis AG has initiated a strategic review of their Indian subsidiary. At 11.01 am, shares were trading at Rs 6,422 on the NSE.

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