Executive says company is looking for tie-ups to bring in drugs like Remdesivir
Drug maker Lupin on Thursday reported an 18 per cent increase in its consolidated net profit at Rs 460 crore for the fourth quarter, driven by robust sales across domestic and international markets
The stock surpassed its previous high of Rs 1,121.85 touched on September 2020 and was trading at the highest level since July 2017
Cyient, Tata Elxsi and 10 other companies will release their quarterly earnings on April 22
Titan Company needs to decisively cross and sustain above Rs 1,500 levels, supported by volume, to attract the interest of market participants
The company has now decided to focus on specialty drugs. The annual price cuts made the Japanese generics market unattractive
India business has seen steady uptick growth over the last few quarters
In the broader market, the S&P BSE MidCap index ended 0.4 per cen lower while the smallcap counterpart closed down 0.45 per cent.
We're seeing consistent buying interest in the pharma pack and Lupin is also catching up with the other pharma majors
This should reverse the US underperformance in FY15-20 with margins too moving up sharply
Healthcare companies to post decent growth in revenues in Q3FY21
These sectors will face another tough year after coronavirus pandemic, the first challenge being vaccination of India's 1.3 billion people. Devangshu Datta explains the opportunities and threats
Cipla, Cadila Healthcare, Lupin, Sun Pharma and Aurobindo Pharma from the Nifty Pharma index were up in the range of 1 per cent to 2 per cent on the NSE
13,650 is the immediate support which, if breached, could result in some profit booking and drag the index towards 13,500-13,470
On Wednesday, Lupin announced in a BSE filing that its dispute with the sellers in the Gavis and Novel transaction has been resolved amicably to the satisfaction of all parties.
Oct growth rate was 9.6%; Most big corporates saw volumes drop in November
Till Nifty Pharma holds above the 11,180 mark, the bullish bias will prevail, charts suggest.
Drug firm Lupin said the US health regulator has issued 13 observations after inspection of its subsidiary's Somerset facility in New Jersey
US growth has picked up as anticipated, but India and a few other markets still lag
The revenues, however, dropped by 1.2 percent on a year on year (YoY) basis to Rs 3,835 crore, but sequentially the revenues rose 8.7 percent