Quote on India continues to report increase in Covid cases By Mr. Yash Gupta, Angel One Ltd
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Below is quote on India continues to report increase in Covid cases By Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd
Yesterday total 2.47 lakhs covid cases reported in India, 27% higher than yesterday along with this fatalities has also been increasing and reported 481 fatalities. India is currently in the 3rd wave of covid 19, in the last 3 weeks we have seen an increase in cases from 10000 to 2.47 lakhs. Several states have already announced several restrictions but the positivity rate keeps on increasing. States like Maharashtra and Delhi reported 46723 and 27561 cases respectively.
As the covid testing will increase this will help the diagnostics sector, we continue with our buy call on Dr.Lal Pathlabs with target price of ₹4050.
Above views are of the author and not of the website kindly read disclaimer
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