Lupin gains on hopes of hike in foreign investment limit

Lupin was looking to increase the limit to 49 percent - Analysts.

Written by Reuters

November 24, 2014 10:57 IST

Lupin gains 1.8 pct.

Govt panel has cleared the company’s request to raise foreign investment limit, traders say.

Lupin was looking to increase the limit to 49 percent – Analysts.

Foreign portfolio investors currently hold 31.75 percent in the company, as per BSE data.

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This article was first uploaded on November twenty-four, twenty fourteen, at fifty-seven minutes past ten in the morning.