Page 13 - Aurobindo Pharma

Covid-19 vaccine: Aurobindo expects phase-I, II trials by end of 2020

The firm has earmarked $150-200 million towards capital expenditure during the current fiscal year

Strong US portfolio to drive revenue growth for Aurobindo Pharma

Margins expected to improve on product mix and volume growth

Benchmarks settle flat, Nifty ends at 11,300; Bharti Airtel slips over 2%

All that happened in the markets today

Aurobindo Pharma declines 4% despite 23% YoY jump in June quarter profit

Interim dividend of Rs 1.25 per equity share of Re 1 has been approved by the board for FY21

Weekly trading ideas by Religare Broking: Buy Bharti Airtel, Titan Company

TITAN, after the breakout from a consolidation range, is gradually inching higher while holding strongly above the support zone of the long term moving average( 200 EMA) on the daily chart

Overall fall in volatility giving comfort to the bulls: Nilesh Jain

The volatility index, IndiaVIX, fell by 5 per cent and ended at a 4-month low of 24.75 levels on Thursday

Aurobindo Pharma developing products to expand portfolio in US, EU markets

Currently, five products are under development, out of which the first two products would be filed towards the end of this year or early next year

Aurobindo Pharma plans to launch 50-60 products in US in FY21

On a constant currency basis, it increased by 26 per cent year-on-year to around $1.62 billion led by improvement in volumes and new product launches

Strong Q4 performance, debt reduction show Aurobindo Pharma in good health

Despite an over 150 per cent rise since March lows, the stock can see more gains

MARKET: Financials drag indices lower; Sensex dips 129 pts, Nifty holds 10K

All that happened in the markets today

Aurobindo's US manufacturing facility gets inspectional observations

The US drug regulator inspected the plant from January 13 to February 12,2020 and issued a letter to the company to this effect while classifying the inspection as 'Official Action Indicated'

Aurobindo Pharma gains 5%, hits 52-week high as Q4 net profit jumps 45% YoY

That apart, the company informed the exchanges that the US FDA has classified the inspection of the company's oral solids formulation manufacturing facility at New Jersey as Official Action Indicated

Aurobindo Pharma Q4 PBT rises 32% to Rs1077.51 cr over higher revenue

Revenues from operations for the quarter under review registered 16.4% growth at Rs 6158.43 crore as compared to Rs 5324.47 crore in the year ago period

Market Ahead, June 3: Top factors that could guide markets today

Tata Motors' stock could be active in today's session after the company announced that it has resumed operations across all its manufacturing plants in the country

Pharma, chemical stocks lead under lockdown, Aurobindo is top performer

Within BSE-500, 79% stocks gave positive returns in two months of lockdown

Covid-19 impact: Indian firms look to fill in for US' Famotidine crunch

Some see this as an opportunity for Indian firms like Alembic, Aurobindo who make both the bulk drug and the formulation

Aurobindo extends rally after US FDA clears Unit IV, zooms 133% in a month

The stock hit a 52-week low of Rs 281 on March 23, 2020

US FDA clears Aurobindo Pharma Unit IV, reverts classification to VAI

The latest classification, VAI, suggests that though certain objectionable conditions were found during the review, they did not warrant any further regulatory action

Aurobindo Pharma gains 15% as USFDA grants VAI to Unit IV facility

The facility remains important as it contributes more than 10 per cent to Aurobindo's overall sales and about 20 per cent of the US sales

Novartis scraps sale of assets including Covid-19 drug to Aurobindo Pharma

Novartis is donating 130 million hydroxychloroquine doses to support efforts against the epidemic, though the European Union has so far said there is no proof it works.