Divi’s Laboratories share price gained 5% as the pharma company reported a 64.5% YoY profit increase in Q3 FY25, driven by Custom Synthesis. While Jefferies acknowledges revenue alignment with estimates, concerns about product concentration persist.
1 min read4 Feb 2025Falling API prices in India are expected to stabilise, offering some relief to local manufacturers who face competition from lower-priced Chinese products. While prices have dropped, companies must enhance operational efficiency to maintain competitiveness.
4 min read22 Nov 2024The Biosecure Act may favour Indian CDMOs by limiting US partnerships with specific Chinese firms. Analysts predict a market surge driven by manufacturing cost advantages and increased demand for Indian contracts, marking a pivotal shift in the global CDMO landscape.
3 min read5 Sep 2024In the upcoming Q3 results, Motilal Oswal expects Nifty earnings to grow 10% YoY. Overall, earnings growth is likely to be driven again by domestic cyclicals, such as Auto and BFSI. Here’s a list of 7 stocks that may post over 40% jump in their PAT for Q3.
9 Jan 2024In today’s trade, Lupin’s shares soared nearly 7%, hitting a new all-time high of ₹1,404 apiece after Japanese brokerage firm Nomura raised the target price on the stock to ₹1,593 apiece from the previous ₹1,290, maintaining its ’buy’ recommendation.
2 min read2 Jan 2024Q1 results 2023: A total of 139 listed companies are going to declare Q1 results today
2 min read14 Aug 2023Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — Finolex Cables, Divi’s Lab and Latent View Analytics
2 min read16 Jun 2023Divi’s Laboratories posted a consolidated net profit of ₹320.97 crore in Q4FY23, down by 64.1% from ₹894.64 crore in the same quarter a year ago. Sequentially the bottomline rose 2.53%.
1 min read23 May 2023Divi’s Labs has once again declared an hefty dividend for FY23. In this fiscal, the company will pay its shareholders a dividend per share of ₹30. In percentage terms, the dividend is 1500%.
2 min read20 May 2023The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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