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Wednesday, September 17, 2014

Equity Tips
Apollo Hospitals to acquire Hetero Med Solutions
Apollo Hospitals Enterprise Limited has entered into an MoU with Hetero Med Solutions Limited for the acquisition of its retail pharmacy stores currently operated in Telengana, Andhra Pradesh and Tamilnadu.

Cipla dips on brokerage downgrade
Shares of Cipla dipped over 2%, after a foreign brokerage downgraded the stock to reduce from neutral rating, citing valuation to be expensive.

Cairn India stock up 3% on declaring interim dividend
Shares of Cairn India Limited was up 3% after the company declared interim dividend and announces three new oil discoveries in Rajasthan block.

ZEEL surges on brokerage upgrade
Zee Entertainment Enterprises Ltd rose nearly 3%, after Kotak Institutional Equities upgraded the stock to 'add' from 'reduce' earlier.

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