Stock Tips:Sun Pharma Gains on Acquiring Ranbaxy

Sun Pharma's proposed acquisition of RanbaxyBSE -4.62 % Labs would create a new market leader in the immensely fragmented Rs 75,000 crore domestic drug market with the merged entity commanding close 9.3% of market share.

Sun Pharma, the largest Indian drugmaker by market capitalization said on Monday that it will buy Ranbaxy Labs in a $3.2 billion all-share deal, creating the world's fifth-largest generic drug maker. This is historically the largest domestic deal by size in the Indian pharma space.  

Stock Tips for Today:
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•BUY TATA COFFEE  (LCP 1003.3) ABOVE 1005 TG-1012-1021
•BUY WOCKHARDT(LCP-607.15) ABOVE 609 TG-614-619
•BUY TATA COFFEE  (LCP 1003.3) ABOVE 1005 TG-1012-1021

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