Amount of Rs 268 crore, allocated for research earlier, was shown as income after inking pact for rh insulin with Mexico-based firm
Q4 profit up 79% to Rs 361 crore; invests more on R&D
With expected filings of four insulin products in the current financial year, analysts have started upgrading their earnings estimates for the company
The stock up 9% to Rs 533 on the BSE, trading close its 52-week high of Rs 544 touched on January 5.
Ties up with Mexico's PiSA for the insulin to tap the $2-billion US market