Hospital stocks rose up to 5% after the government capped trade margins on non-scheduled anti-cancer drugs at 30%, potentially reducing medicine prices by 70%. Jefferies and Emkay expect manageable earnings impacts, despite near-term margin pressures. Jefferies favours Fortis, Manipal, Apollo, Max Healthcare and Medanta, citing strong demand and attractive valuations.
15,410% rally in 5 years! Multibagger Cupid shares jump 3% to hit fresh 52-week high
Cupid shares jumped hit a fresh 52-week high of Rs 368 on Friday, extending their rally for a fourth straight session. Earlier this month, Cupid
October 9, 2026