Zydus Wellness promoters' stake hike point to good times ahead

ET Intelligence Group: Promoters of Zydus Wellness have been accumulating shares from the open market since the past month according to stock exchange filings, increasing their stake by over a per cent to 66.5%.The buying spree precedes the seasonally strong quarters of March and June at a time when the stock has lost over 14% from the peak of ₹1,971.2 seen in early November 2022 making it among the cheapest stocks in the fast-moving consumer