These three stocks are trading higher in a sluggish market!
Torrent Pharma Ltd, Varun Beverages Ltd and PI Industries are today's mid-day movers.
Torrent Pharma, the flagship company of the Torrent Group, is one of the leading Pharma companies in India. The company is among the final contenders to acquire Chennai based Curatio Healthcare for Rs 2500 crore. This could be one of the many deals done by this company. Today, at 1:15 pm, the scrip is trading at Rs 2823.30 witnessing a 1.06 per cent surge.
Varun Beverages is a key player in the beverage industry and one of the largest franchisees of PepsiCo in the world (outside the USA). This company is planning to expand its operations in rural Zimbabwe by setting up solar-powered outlets. At 1:15 pm, the scrip is trading at Rs 970.10 witnessing a 2.01 per cent surge.
PI Industries Ltd manufacture agricultural and fine chemicals and polymers. The share price of the company has been rallying for a week. At 1:15 pm on Tuesday, the scrip is trading at Rs 2992 climbing by 2.68 per cent.