Wednesday, March 21, 2012

Ahlcon Parenterals - Take over rumours

Ahlcon Parenteral shares have shot up 8 times, its usual trading price in the last few months. There are  rumours that a multinational company taking over Ahlcon assets.  B Braun and Baxter are the other Indian multinational companies into parenteral (IV fluids) business. Baxter had earlier brought Wockhardt sterile manufacturing assets at Aurangabad. Ahlcon has a significant presence in contract manufacturing space.