What To Watch. Cadila Healthcare awaits nod for fund infusion

Shares of Cadila Healthcare are likely to see traders’ interest, as the Foreign Investment Promotion Board on Tuesday recommended the proposal for equity infusion to the Cabinet panel. Cadila is seeking equity infusion of up to ₹5,000 crore through a qualified institutional placement. Currently, the Finance Ministry can approve investments up to ₹3,000 crore with amounts exceeding that having to be referred to the Cabinet panel.