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Reliance Mutual Fund A/C Reliance Pharma Fund picked 1.54% stake in Merck for Rs 140.81 million today. It purchased 0.25 million shares at a price of Rs 549 at the NSE.
Credit rating agency, ICRA has reaffirmed AA to Rs 267.5 million fund based and Rs 47.5 million non-fund based bank limits of Merck (Merck). The long term rating has been assigned stable outlook.
Merck is a global pharmaceutical and chemical compa... More..