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Ranbaxy Labs Most active discussions of 2006 , 2007 & 2008

Ranbaxy fairly valued at 375.... (40) 16-Jul-08 12:06

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Posted by: marketman on ( 16-Jul-08 12:06 )
Price : BSE: Rs 437.00 ( 6.78 % ), NSE: Rs. 440.60 ( 7.67 % )
Fundamentally ranbaxy is said to be fairly valued at around 375 during this bear season.... if anything goes wrong according to USFDA,the scrip may be downgraded further.... The stock broker malvinder(religare) telling on tv,that he has been collecing the data from the market to give to sebi for enquiry of recent fall.... if sebi works in proper way,this scrip would havent reached 600 recently.... as astock broker he should understand the fall with the bad sentiments.... Daichi wants in huge quantity, needs controling stake and thus paid huge premium to fair value.... the retail investors need not be excited by seeing that offer....

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