Financial Daily
from THE HINDU group of publications
Saturday, July 21, 2001
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Financial Daily from THE HINDU group of publications Saturday, July 21, 2001 |
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Fulford India: Warning on earnings
THE stock of Fulford India may come under some stress with the possibility of lower earnings in 2000.
The company has warned that its sales and profitability would come under pressure.
This has been attributed to the price cuts for some formulations by the National Pharmaceutical Pricing Authority (NPPA). In the wake of this warning, the stock, which has declined by around 11 per cent, may trade with a downward bias in the short term
. -- BL Research Bureau
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