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How management concerns are destroying shareholder wealth

Updated : January 18, 2019 02:53 PM IST

Sun Pharma valuations took a severe hit following a whistleblower complaint alleging that pharmaceutical manufacturer Aditya Medisales Ltd had transactions with Suraksha Realty, controlled by Sun Pharma’s co-promoter, Sudhir Valia.
Mirroring the concerns, shares of the country’s largest drugmaker by market value recorded their biggest intra-day percentage drop since May 29, 2017.
How management concerns are destroying shareholder wealth
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