Dr Reddy’s Laboratories failed to cheer the market despite June quarter net profit doubling. Analysts see concern over the US business and pressure on operating performance as key drags. These concerns have prompted traders to build bearish bets on the stock. Chandan Taparia, derivative analyst at Motilal Oswal, said the weakness could continue and the stock could drift down to Rs 3,950.
BSE cautions against fake videos of MD & CEO Sundararaman Ramamurthy recommending stocks
BSE warns against circulating fake videos impersonating CEO Sundararaman Ramamurthy for investment advice on social media. Caution includes misrepresentation, deceptive means, personal information sharing, and