Shares of Indian Pharma Companies, Aurobindo Pharma, IPCA Laboratories, Lupin and others fell up to 5% on Friday, April 4, after US President Donald Trump remarked about the upcoming tariffs on the sector. “Pharma tariffs are going to come in at levels you have never seen before. We are looking at pharmaceuticals as a separate […]
Indian Pharma, Textile to Malaysian Glove Makers — The outperformers post Trump’s reciprocal tariffs – CNBC TV18
From Indian Pharma and textile companies to Korean defence stocks, these were some of the winners that emerged after Donald Trump’s reciprocal tariff announcements. 1 / 6 US President Donald Trump announces sweeping tariffs across 60 countries in the early hours of Thursday, Indian time, and the move has thrown global markets, barring India to […]
Biocon EPS estimates cut by 38% by Nuvama who sees challenges for Sun Pharma, Cipla – CNBC TV18
Brokerage firm Nuvama has cut Biocon Ltd.’s Earnings Per Share (EPS) estimates by 38% for financial year 2025 as it expects struggles for the company’s generics business. A USFDA clearence to the Bengaluru unit, litigation outcome of the Aflibercept, a reinspection of the Malaysia unit and financial deleveraging along with a recovery in Syngene and […]
Nifty Pharma climbs to a record high; Three stocks gain over 100% in a year – CNBC TV18
The Nifty Pharma index hit a record high on Friday, crossing its previous intraday record of 23,111.50. The index made an intraday high of 23,275.50 on August 30. With this, the Nifty Pharma index has surged up to 8% in the past month, strongly outperforming the Nifty 50’s less than 2% upmove. At 1.52 pm, […]