Posts in category All News
L&T Technology Services Ltd up for third straight session (05-07-2024)
Marico Ltd soars 1.27%, Gains for third straight session (05-07-2024)
Bank of India up for third consecutive session (05-07-2024)
Vedanta Ltd soars 1.36%, rises for third straight session (05-07-2024)
Bigbloc Construction soars on bonus share issue proposal (05-07-2024)
SBI Card share price up 0.51 per cent (05-07-2024)
Infosys Ltd gains for fifth session (05-07-2024)
United Spirits shares drop 0.05% as Sensex falls (05-07-2024)
Pharma Industry update (05-07-2024)
Semaglutide or as is kwn Ozempic and Wegovy are a class of molecules used for treating Diabetes esp Type II. This has been touted as a MIRACLE DRUG of the century. In actuality some people report that along with diabetes control they also see a loss in weight which impacts their other parameters like BP and Cholesterol levels. The make NOVO NORDISK makes huge profits from this and it is believed that the sale of this one compound contributes to a large percentage of Denmark’s GDP.
# Novo Nordisk’s market value of $570 billion is now bigger than the entire Danish economy—creating a ‘Nokia risk’ for Denmark quote from Fortune.
In India some pharma companies are also in the process of developing a similar molecule and if they succeed then the large Indian population with risk of diabetes will be a huge market in itself. Maybe time to look at shares of such listed companies
Oil India- has its time come? (05-07-2024)
amongst other things, the 6% yield for me since the time I bought a few years back is what is keeping me in. As the share price was quite low at those times.