Recommendation: Add; Target price: Rs 700
Adventz Finance's stake in the company has reduced from 3.41% to a lower percentage.
The company said its board will meet on January 19 to consider fundraising via debt issues and equity issues through rights issues.
LIC posted a net profit of Rs 17,469 crore for the first half that ended in September.
Investors with very high risk appetite and want to invest for 5 to 7 years to diversify their portfolio in healthcare companies stocks should invest in DSP Nifty Healthcare ETF.
Organic India provides the company with its first entry to the pharmaceutical distribution chain, he added.
North America has been critical for the $245 billion Indian information technology sector.
Overall, the mid-market mood is exuberant, with investors basking in the record-breaking highs and tech-fueled rally.
Lupin has obtained approval from the US Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA)
Recommendation: Reduce; Target price: Rs 3700

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