Fwd: Buy and Hold Arvind Remedies @ 49Rs with the target of 60 Rs. Stoploss 45 Rs.

Arvind Remedies signs MoU to manufacture and market drugs.

Under the agreement, Arvind Remedies and the institutions together have developed and patented medicines.

Arvind Remedies Ltd (ARL) a leading producer of branded and generic pharmaceutical products has signed a Memorandum of Understanding (MoU) with four institutions namely Banaras Hindu University, Adesh University, SRM University and Genome Foundation to the manufacture and market medicines from botanical source.    Under the agreement, Arvind Remedies and the institutions  together have developed and patented medicines which are useful for the treatment and management of Neurodegeneration disorder (like alzheimer, parkinson) and Neuropsychiatric disorders (like depression). The said medicines have been patented  in India, USA and Europe.   The agreement was signed by the four institutions in December 2012,to do the research from their respective fields and since then continuous research and developmental activiites were taking place.   On the occasion of the signing of the MoU Dr. Arvind B Shah, MD and CEO Arvind Remedies Ltd said "We are very excited about the MoU as it will help us to enhance our product portfolio and also improve our revenue  in the near future."   Distinguished Professor G.P.Dubey said, "The modern medicines have side effects, but  medicines from botanical source are not only economical but are free from side effects."    The event at BHU Varanasi  was attended by Institutional officials like Dr. Lalji Singh, Managing Director of Genome Foundation and the Vice Chancellor of BHU, Prof. G.S. Yadav, Registrar of the University, Anand Shah, Vice President of Arvind Remedies Ltd., (Lt. Col.) G.P.I. Singh, Vice Chancellor of Adesh University, and Ponnawaiko, Vice Chancellor of SRM University, Tamil Nadu.

Thanks and Regards 
Rohit Saxena

Phone No: 09899365905
Mail Id: simmi9sep@gmail.com 

              

Inviting discussion for your view about controlling inflation in india

Dear Readers, 

Today if we are looking at indian Economy there seems lot of things are going on around us according to lot of experts opinion major problem for indian currency is Inflation, i would like to get each and every one of your views about how to control inflation, this not only help us in spreading our view to people around us also help every one to think. 

Please write in comments what exactly you would like Government or you wanted to do to control the inflation? in comments section. 

Thank you so much for being part of this topic. Look forward to here from all of you. 

-- 

Ram 

Report on Market....Source

Hi,

Dollar/Rupee opened up tracking strong Dollar index amid concerns over likely tapering stimulus measures by Federal reserve next month and as India's industrial output contracted for a second straight month in June.Also, Investor are watching keenly the US retail sales data to be announced later today which is expected to rise to four month high raising fear that the Fed may taper stimulus sooner than expected.Technically, once USDINR crosses the level of 61.80, it is expected to touch the level of 65 soon.

IIP contracted 2.2% in June compared to 1.59% a month earlier heightening concerns of a slowdown offsetting the measures unveiled by the Finance minister to attract more overseas inflows.

Bank Nifty is expected to touch the level of 8300 on rate hike fear as INR declined.Investors are expecting CRR cut or more REPO rate cut by 50bps in the next monetary policy meet.

Dollar/Yen rose to 97.25 level on higher risk appetite after the Japanese Prime Minister decided to lower corporate tax in order to attract foreign investments and reduce the burden on Japanese companies.Japanese Yen against Rupee is expected to touch the level of 70 from the current level of 63 on the expectation of slowing down of aggressive bond purchase plan on concern over accumulation of global financial imbalances through increased investment in emerging economies by firms using cheap funds raised in the Japanese market.

Gold shot up sharply after traders and consumers rushed to book the gold on speculation of import duty hike by 2%.Gold also received a boost after weak US data and rise in ETF holdings.Investors in precious metals can Buy gold @ around 28700 with the target1 @ 32000 and tgt2 @ 35000 and Buy Silver @ around 45000 tgt1 51000 tgt2 70000 within one year.Comex Gold is expected to touch the level of $1700 and Comex Silver @ $26 and if sustained above $27 then $35 within the period of one year.

 

-- 

Thanks and Regards 
Rohit Saxena

Phone No: 09899365905
Mail Id: simmi9sep@gmail.com 

              

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