/ Alkem Labs Gets USFDA For Finasteride Tablets ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 10 January 2017

The Indian markets on January 10 opened in green. The advance and decline ratio also indicates green trade. The Advance and Decline ratio as at 9.24 am stands at 858/220. Meanwhile, in a recent development, Alkem Labs has got US FDA nod for Finasteride tablets. The tablets which the company got an approval for are used to treat hair loss. In the last one year, the stock of the company has given a return of 14.82%. It is currently trading with a P/E of 26.17.

Ten mutual fund houses have made investments in the stock, out of which UTI, SBI and Mirae Asset Mutual Fund are the top three fund houses, which have made investment in the stock. UTI Mutual Fund has made an investment upto 0.215% of the equity capital of the company.
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