India’s worst-performing stocks look like good value to the asset manager spun off from the country’s oldest mutual-fund company.
Infosys has lost over 13% to Rs 885 levels in trade over the last two trading sessions, after Vishal Sikka, resigned from the post of MD & CEO.
Shares of Just Dial Ltd have been going through gruelling times, and are currently almost 30% below the issue price of June 2013 when it made its stock market debut, as analysts raise questions on the innovation and fierce competition for the internet search engine.
Lupin's net profit fell 59.4 percent in the June quarter due to steep price erosion of generic Glumetza in the US, destocking ahead of GST and a stronger rupee.
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