Page 7 - Branded Generics News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Ajanta Pharma stock hits 52-week high as Q3 profit rises 64% Ajanta Pharma share touched an intraday high of Rs 1,879.45, rising 7.63% against previous close of Rs 1,746.15 on BSE BusinessToday.In | February 3, 2021 | Updated 16:55 IST Ajanta Pharma share has gained 53.03% in one year and risen 10.1% since the beginning of this year. Ajanta Pharma share hits its 52-week high after the drug firm reported a 64 percent rise in its consolidated net profit for the quarter ended December. Net profit rose to Rs 177 crore in Q3 on account of robust sales against net profit of Rs 108 crore for the c...

Shares of Dr Reddy’s Laboratories dipped 4 per cent to Rs 4,400 on the BSE in an otherwise strong market on Monday, thus falling 10 per cent in the past two trading days after reporting a consolidated net profit of Rs 20 crore in the December 2020 quarter (Q3FY21) against a loss of Rs 569.7 crore in the year-ago period. The drug maker's stock was trading lower for the fourth straight day, falling 13 per cent during that period. It hit an over four-month low and trading at its lowest level since September 15, 2019. The company said the profits were impacted due to trigger based impairment ch...