Why is this counter soooo quiet ? new news / no messages and the volumes are lower then trend. Whats Up ? Silence before the Big Upmove ? Pls. share your thoughts...thanks
Even me too having same feeling. I strongly feel that this will not move unless there is good news from Panacea on swine flu vaccine. I hope Panacea will be first one to get ready with swine flu vaccine. Bharat Biotech is going to be out of race for this. They announced that it may take another 6 months to complete the vaccine. Now we have serum institute and panacea on race.
The Funny thing is while both Panacea and Serum Inst. are in competition, Serum Institute has a significant stake in Panacea and is looking to increase its shareholding. Wonder whether this is good or bad for Panacea Shareholders....???
Even though the price is falling much, i am observing lower volumes.........
I guess a purpose behind this......
Accumulation may happen at lower levels for a big trigger........
Even though operating margines and revenues were good , the PAT was little bit disappointing. The performace of the stoct will remain muted for some more time.
| NIFTY 
