Oil Marketing Companies Fall Tracking Surge In Crude Price

Gold Silver Reports (GSR) – Oil Marketing Companies Fall Tracking Surge In Crude Price — Shares of the state-run oil marketing companies — Bharat Petroleum, Indian Oil and Hindustan Petroleum fell after Brent Crude moved above $70 per barrel to trade close to fresh 52-week high.             

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Fortis Healthcare Rises As TPG Said To Near $1.1 Billion Deal

Gold Silver Reports (GSR) – Fortis Healthcare Rises As TPG Said To Near $1.1 Billion Deal — Shares of the Delhi-based hospital chain operator rose as much as 3 percent to Rs 147.85 after a consortium led by TPG is nearing an agreement to gain control of Fortis Healthcare, Bloomberg reported citing people with knowledge of the matter.

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Cadila Healthcare Gains On CLSA Upgrade

Gold Silver Reports (GSR) – Cadila Healthcare Gains On CLSA Upgrade — Shares of the Ahmedabad-based drug maker rose as much as 3.3 percent, the most in over a month, to Rs 382.55 after CLSA upgraded the stock to ‘Buy’ from ‘Underperform’ and raised its target price to Rs 450 from Rs 440.

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