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Dr Reddys Laboratories
it will be +ve up to 5-10% from this leve
Posted by :
Harshad k shahTracked by: 0 Boarder
....DRL to form new derma co in US....
India Bureau Chief, PharmAsiaNews.com informed CNBC-TV18 that Dr Reddy’s Labs will form a new dermatology company in the US and is to be named Promius Pharma. Promius handles branded speciality dermatology products. He added that Promius will have its own marketing, product devlopment and licensing arrangment. The US prescription skincare and cosmoceutical market is seen at USD 10 billion. Meanwhile, Dr Reddy’s has refused to divulge details of the US derma company, he said.
...
NSE Announcements on Dr Reddys Labs
Posted by :
MMB MessengerTracked by: 0 Boarder
Dr. ReddyS Laboratories Ltd. had informed the Exchange regarding outcome of the Annual General Meeting of the Company held on July 22, 2008. The Company has now informed the Exchange with reference to Item 8 of the outcome of the Annual General Meeting of the Company that, the proposed issue of 84,06,782 share warrants resulting into equity shares of Rs.5/- each at a later date of preferential basis in terms of Section 81 (1A) of the Companies Act, 1856 to Dr. Reddys Holdings Private Limited, as approved at the Annual General Meeting of the Company held on July 22, 2008 stands cancelled / withdrawn as the issue / allotment has not taken place in terms of Chapter XIII-Clause 13.1.2.3(a) and Clause 13.4.1 of SEBI (Disclosure& Investor Protection) Guidelines, 2000. Pursuant to this, the Company has withdraw its application made to the stock exchanges earlier, for in-principle approval sought in respect of the above shares....
Tracked by: 0 Boarder
Hi,
Thursday August 7, 06:38 PM
Dr Reddy's cancels $1 mln preferential issue
MUMBAI (Reuters) - Dr. Reddy's Laboratories Ltd said on Thursday it had withdrawn a proposed issue of 8.41 million share warrants on a preferential basis to a founding group company. ...
BSE Announcements on Dr Reddys Labs
Posted by : MMB MessengerTracked by: 0 Boarder
With reference to the earlier announcement dated July 22, 2008 regarding Outcome of AGM, Dr Reddys Laboratories Ltd has informed BSE that the proposed issue of 84,06,782 share warrants resulting into equity shares of Rs 5/- each at a later date on preferential basis in terms of Section 81 (1A) of the Companies Act, 1956 to Dr. Reddys Holdings Pvt Ltd, as approved at the Annual General Meeting of the Company held on July 22, 2008 stands cancelled / withdrawn as the issue / allotment has not taken place in terms of Chapter XIII-Clause 13.1.2.3(a) and Clause 13.4.1 of SEBI (Disclosure & Investor Protection) Guidelines, 2000....
Bomb scare leading to shut down
Posted by : GuestTracked by: 0 Boarder
Bomb scare in Formulations Plant...shut down till further notice......
Accumalate on further dips
Posted by : psgsTracked by: 0 Boarder
Today we are seeing good accumulation in DRL and FDC.
you made a good point Raj_tibs.
swamy.
...
In reply to:
Accumalate on further dips
Posted by : raj_tibs
Further, please note that Dr. Reddys Holdings Pvt Ltd, a company privately held by the promoters has begun acquiring shares from the opee market. This is what real promoters who believe in the future of their company do - they just buy when they think it is a good price. They do not announce a buyback at up to 750 (unlike the DLFs and the Reliance Infras... lol)
Cheers 
Accumalate on further dips
Posted by : raj_tibsTracked by: 0 Boarder
Further, please note that Dr. Reddys Holdings Pvt Ltd, a company privately held by the promoters has begun acquiring shares from the opee market. This is what real promoters who believe in the future of their company do - they just buy when they think it is a good price. They do not announce a buyback at up to 750 (unlike the DLFs and the Reliance Infras... lol)
Cheers...
In reply to:
Accumalate on further dips
Posted by : raj_tibs
Dr Reddy's has lost almost 20% in the last 1 month - the latest trigger being the announcement that it will go out of Nifty in Sept to make room for RPower. This is a good defensive bet for long term, and can be accumalated on dips.
Accumalate on further dips
Posted by : raj_tibsTracked by: 0 Boarder
Dr Reddy's has lost almost 20% in the last 1 month - the latest trigger being the announcement that it will go out of Nifty in Sept to make room for RPower. This is a good defensive bet for long term, and can be accumalated on dips.
...
d reddys lab
Posted by : GuestTracked by: 0 Boarder
The stock is on continious slide ever since the co. gave last bonus .Should the investors ,who do not have long term horizon get out even if they have to suffer losses ?C AN SOMEONE THROW SOME LIGHT...
NSE Announcements on Dr Reddys Labs
Posted by : MMB MessengerTracked by: 0 Boarder
Dr. ReddyS Laboratories Ltd. has informed the Exchange regarding a press release dated July 30, 2008, titled "Dr. Reddys Laboratories Limited invests in Perlecan Pharma Private Limited by acquiring shares of Joint Venture Partners". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Dr Reddys Labs
Posted by : MMB MessengerTracked by: 0 Boarder
Dr Reddys Laboratories Ltd has informed BSE regarding a Press Release dated July 30, 2008 titled "Dr. Reddys Laboratories Ltd invest in Perlecan Pharma Pvt Ltd by acquiring shares of Joint Venture Partners"....
Dr reddy down target=580....
Posted by : share..khojTracked by: 1 Boarder
i dont think so that dr reddy down this way....
In reply to:
Dr reddy down target=580....
Posted by : marketman
The Q1 results are poor.... buying back perlecan from icici&citi could lead to financial burden in the near term.... pl note that venture capitalists exiting from this subsidiary after seeing the flopped performance....
Dr reddy down target=580....
Posted by : marketmanTracked by: 1 Boarder
The target is very well achieved today.... the scrip is being removed from nifty also.... pl note that recently it has been exited from sensex....
Why they included this scrip in main indicies and why removing now.... illogical behaviour of sensex/index committee....
There are whispers among few market participants that these sensex/index comittees keep the scrips in indicies whoever gives more money to them as perks....
Inclusion of reliance petro and reliance power in indicies raises lot of doubts.... pl note that both the companies are not doing any great business right now.......
In reply to:
Dr reddy down target=580....
Posted by : Bullofchennai
pharma sector is defensive one...
Dr Reddys Lab plunges
Posted by : GuestTracked by: 0 Boarder
One can buy Dr Reddy both for short term trading as well for medium term investment.Moreover, during such rough patches in market when every stock is viewed with scepticism, pharma and FMCG tends to be contrarian plays....
In reply to:
Dr Reddys Lab plunges
Posted by : MMB Messenger
At 10:41 am, Dr Reddys Laboratories was quoting at Rs 599.95, down Rs 28.1, or 4.47%. It has touched an intraday high of Rs 621.50 and an intraday low of Rs 595. It was trading with volumes of 32,980 shares. Yesterday the share closed down 1.06% or Rs 6.70 at Rs 628.05.
Dr Reddys Lab plunges
Posted by : MMB MessengerTracked by: 0 Boarder
At 10:41 am, Dr Reddys Laboratories was quoting at Rs 599.95, down Rs 28.1, or 4.47%. It has touched an intraday high of Rs 621.50 and an intraday low of Rs 595. It was trading with volumes of 32,980 shares. Yesterday the share closed down 1.06% or Rs 6.70 at Rs 628.05....
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