Aurobindo Pharma’s stock has been under a cloud over the past three months and has corrected 20% during this period. First, there was report of a fire at its Srikakulam unit. The second news was Aurobindo Pharma USA getting named as one of the six companies accused of conspiring to shore up prices of Doxycycline Hyclate DR and Glyburide.
Oh No! Aurobindo
The recent negative news flow has led to a selling spree in Aurobindo Pharma
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