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This drug maker, 40% owned by MF & FPIs, just had a weak Q2. Time to sell?

This drug maker, 40% owned by MF & FPIs, just had a weak Q2. Time to sell?
The scrip has been a favourite of mutual funds and FPIs, who owned over 40 per cent stake in the drug maker, with promoters holding another 46.29 per cent stake, leaving non-institutional holding at 9.8 per cent. But the stock has hardly performed, falling 6 per cent year-to-date and delivering no return in the last one year.


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24 November 2021, 04:53