Stock has not run up earlier on demerger news. Then how it will fall? Actually it has come down when demerger was announced citing deal not attractive. So now company is in talks with other players & some thing good will emerge.
The problem is Aurobindo declared about the good news with funfare. But when there is issue they are hiding behind the bushes. As per money control, they have sent them multiple reminder, but they are mum. Operators allready knew about this , thats why the stock was hammered in last few weeks. Now poor retail investors will come to sell & the same operators will buy & square off their position. The Reddys should actually sell their entire stake in Aurobindo Pharma & go to exile in US .
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