[ad_1] Torrent Pharmaceuticals Ltd reported the results for the quarter ended December 2024 on Friday. The drugmaker posted a 13.5% rise in net profit for the third quarter of FY25, driven by higher revenue and improved margins. The company’s net profit for the quarter stood at ₹503 crore, compared to ₹443 crore in the same […]
Indus Towers, Bharat Forge, PG Electroplast, IGL, L&T, Torrent Pharma and more: Top stocks to watch out for on December 5 – CNBC TV18
[ad_1] 1 / 11 Bharat Forge | The company has approved the launch of its Qualified Institutions Placement (QIP), setting the floor price for the equity issue at ₹1,323.54 per share. The decision, made by the company’s Investment Committee during a meeting on Wednesday, follows prior approval from the Board of Directors and shareholders via […]
Torrent Pharma block deal: Promoter likely to offload nearly 3% stake worth ₹3,000 crore, say sources – CNBC TV18
[ad_1] Torrent Pharmaceuticals Ltd’s promoter, Torrent Investments Pvt. Ltd likely will sell up to 2.9% of its stake in the company through a block deal on Wednesday, October 30, according to sources. The transaction, if fully subscribed, could amount to a total deal size of ₹3,000 crore. The base size of the deal is set […]
Torrent is said to seek raising $3 billion for KKR’s stake in JB – CNBC TV18
[ad_1] Torrent Pharmaceuticals Ltd. is considering raising as much as $3 billion from global banks as the Indian drugmaker seeks to acquire a controlling stake in JB Chemicals & Pharmaceuticals Ltd., according to people familiar with the matter. Torrent is considering options including dollar and local currency bonds to help fund a potential purchase of […]