Aurobindo Pharma Ltd. rise 2.37% as Sensex climbs
The stock traded at a P/E multiple of 16.39, while the price-to-book value ratio stood at 1.44.
CCI approves Piramal Pharma and Carlyle Group deal
The transfer of equity will take place through the Group’s special purpose vehicle Curie, a notice of the combination by the regulator said.
Pharma & tech offer safe bets
IIFL said the performance of Tech Mahindra in 2019-20 indicates improved execution on margins even though revenues declined 10 per cent over the previous year. Covid-19 has derailed the trend, right-shifting the margin recovery by at least a year. A revival in revenues is key to further re-rating in the near term, said IIFL.
Natco Pharma soars 17% as path to launch Revlimid generic clears
Natco Pharma would be the first company to launch Revlimid (lenalidomide) in March 2022 as Dr Reddy’s settlement clears the path for the company. Dr Reddy’s would launch sometime after it (we assume 6 months) and would have market share restrictions lower than Natco in our view,” said Sriraam Rathi, analyst at ICICI Securities.
Stock market news: Glenmark Pharma shares jump 4%
A total of 212,411 shares changed hands on the counter till 12:13PM (IST).
Stock market update: Pharma stocks fall; Torrent Pharma loses 2%
The Nifty Pharma index was trading 0.31 per cent down at 11464.65.
Share price of Aurobindo Pharma Ltd. falls as Sensex drops 234.19 points
Promoters held 48.94 per cent stake in the company as of 30-Jun-2020, while FII and DII ownership stood at 22.63 per cent and 12.2 per cent, respectively.
Aurobindo Pharma Ltd. shares gain 1.14% as Sensex rises
A total of 140,355 shares changed hands on the counter till 10:31AM (IST)
Stocks to watch: SpiceJet, IndusInd Bank, Aurobindo Pharma etc
ET Now spoke to various experts and here's what they have to recommend for today's trading session.Stocks to watch: SpiceJet, IndusInd Bank,...
Aurobindo Pharma Ltd. shares gain 3.22% as Sensex rises
A total of 52,302 shares changed hands on the counter till 10:15AM (IST)
Stock market update: Nifty Pharma index up 2%; Dr Reddy's Lab jumps 4%
The index was trading 2.21 per cent up at 11481.35.
Aurobindo Pharma Ltd. shares down 0.3% as Nifty falls
The stock quoted a 52-week high price of Rs 967.6 and low of Rs 281.15.
Stock market update: Pharma stocks rise; Sun Pharma gains 2%
The Nifty Pharma index was trading 0.76 per cent up at 11628.05.
Stock market update: Pharma stocks down; Sun Pharma loses nearly 2%
The Nifty Pharma index was trading 0.14 per cent down at 11323.85.
Stock market update: Nifty Pharma index dives 3%; Sun Pharma down 4%
The index was trading 2.9 per cent down at 11285.65.