“While the exact revenue from Entresto-related supplies is undisclosed, it contributes a meaningful share to the overall business. However, before the rejection by the US Appellate, the management of Divis had claimed that there won’t be any material impact of this news on the company,” T Manish, research analyst at Samco Securities.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of