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Gland Pharma Ltd News

Here's why Gland Pharma share was up 3% on December 3; details here

The uptick in Gland Pharma share came after the company said that it has received approval from the United States Food and Drug Administration (US FDA) for Latanoprost Ophthalmic Solution

Here's why Gland Pharma share was up 3% on December 3; details here
Updated On : 03 Dec 2024 | 12:34 PM IST

Nifty Pharma jumps over 2%: Analysts decode the drivers behind the rally

Individually, Cipla soared up to 3.68 per cent to hit an intraday high of Rs 1,547.70 per share, while Sun Pharma soared up to 3.30 per cent to hit an intraday high of Rs 1,791.60 per share

Nifty Pharma jumps over 2%: Analysts decode the drivers behind the rally
Updated On : 29 Nov 2024 | 12:37 PM IST

Upper-teens EPS growth likely for Gland Pharma in next two financial years

Analysts are downgrading optimistic EPS estimates for FY25 and FY26, due to continuing slowdown in US sales and a temporary issue at Cenexi's site in Belgium

Upper-teens EPS growth likely for Gland Pharma in next two financial years
Updated On : 05 Nov 2024 | 7:52 PM IST

Gland Pharma soars 13% on better than expected Q2 performance

Despite increased EBITDA loss at Cenexi, the overall consolidated EBITDA margin was better-than-expected at 21.1%, led by better segmental mix and controlled operational cost for the quarter.

Gland Pharma soars 13% on better than expected Q2 performance
Updated On : 05 Nov 2024 | 11:58 AM IST

Gland Pharma Q2FY25 results: Net profit falls 15.7% to Rs 164 crore

The company reported consolidated net profit of Rs 164 crore ($19.5 million) for the quarter ended Sept. 30, a 15.7 per cent decrease from the year-ago period

Gland Pharma Q2FY25 results: Net profit falls 15.7% to Rs 164 crore
Updated On : 04 Nov 2024 | 7:37 PM IST

ACC, 2 pvt banks among 8 midcap stocks turn favourable on tech charts

The Nifty MidCap index has gained 3% from its recent low in the last three days. Amid this these 8 stocks have seen key momentum oscillators turn favourable on the daily chart.

ACC, 2 pvt banks among 8 midcap stocks turn favourable on tech charts
Updated On : 30 Oct 2024 | 12:25 PM IST

Gland Pharma tanks 9% on weak June quarter show; Q1 profit drops 26%

The share price fell after the company reported a weak set of June quarter (Q1FY25) results.

Gland Pharma tanks 9% on weak June quarter show; Q1 profit drops 26%
Updated On : 07 Aug 2024 | 9:59 AM IST

Gland Pharma Q1 FY25 results: Net profit falls 26%, revenue rises 16%

The decrease in the group's consolidated Ebitda margin is being attributed to the negative Ebitda reported by Cenexi, its recent acquisition

Gland Pharma Q1 FY25 results: Net profit falls 26%, revenue rises 16%
Updated On : 06 Aug 2024 | 6:46 PM IST

USFDA issues 3 observations to Gland Pharma Hyderabad Unit, stock down 6%

The inspection at the Hyderabad facility took place between July 25, 2024 and August 02, 2024.

USFDA issues 3 observations to Gland Pharma Hyderabad Unit, stock down 6%
Updated On : 05 Aug 2024 | 11:21 AM IST

Gland Pharma promoter Fosun divests 6% stake for Rs 1,754 cr via bulk deal

Fosun Pharma, one of the promoters of Gland Pharma, on Wednesday divested a 6 per cent stake for Rs 1,754 crore through an open market transaction. Chinese drug firm Fosun Pharma, through its arm Fosun Pharma Industrial Pte, offloaded the shares of Hyderabad-based Gland Pharma through a bulk deal on the BSE. According to the bulk deal data available on the BSE, Fosun Pharma Industrial Pte disposed of 99 lakh shares or a 6 per cent stake in Gland Pharma. The shares were sold at an average price of Rs 1,771.81 apiece, taking the deal size to Rs 1,754.09 crore. After the stake sale, Fosun Pharma's shareholding in Gland Pharma has declined to 51.86 per cent from 57.86 per cent. Meanwhile, UBS Principal Capital Asia picked up 8.25 lakh shares, amounting to a 0.5 per cent stake in Gland Pharma. The shares were purchased at an average price of Rs 1,771.05 per piece, taking the transaction value to Rs 146.11 crore. Details of the other buyers of Gland Pharma's shares could not be ...

Gland Pharma promoter Fosun divests 6% stake for Rs 1,754 cr via bulk deal
Updated On : 19 Jun 2024 | 11:45 PM IST