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08.06.2021 / 09:15

Diagnostic services provider shares dip amid falling covid cases

diagnostic services provider slipped on Tuesday amid a continued decline in India's covid-19 cases.The Metropolis Healthcare stock was down 4%, while Dr Lal Pathlabs and Thyrocare Technologies fell nearly 2% each.Hospital stocks also slipped after Prime Minister Narendra Modi on Monday said the Centre will provide free covid-19 vaccines to all adults from 21 June, in a revision of the government’s much-touted strategy of ‘liberalized and accelerated" vaccination.The central government will now buy 75% of vaccines and give them free of cost to states, Modi said.Shares of Max Healthcare, Shalby, and Fortis declined 1-3%.

Narendra Modi Max Healthcare India covid-19 vaccine

Why is share price of Dr Lal Pathlabs, Metropolis Healthcare, Thyrocare falling?

₹1,533 to around ₹2,320. But in the last one month, the stock has lost around 3.6% of its value.

covid-19 testing Government Coronavirus

COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

Detail statistic

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