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Glenmark Pharma soars to 52-week high on positive management commentary

Glenmark Pharma soared as management s bullish FY25 targets offset weak quarterly earnings. Despite widening losses due to impairment charges, adjusted net profit nearly tripled, driven by a stake sale in Glenmark Life Sciences.

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Stocks To Watch: ITC, Vedanta, ICICI Pru AMC, Aurobindo Pharma, Shalby, JG Chemicals Shree Cement

Stocks To Watch: ITC, Vedanta, ICICI Pru AMC, Aurobindo Pharma, Shalby, JG Chemicals Shree Cement
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Nirma: Nirma to raise Rs 3,500 cr via bonds, pay upto 8 5%

Nirma entered into a deal with listed Glenmark Pharmaceuticals in September 2023 to buy a 75% stake in Glenmark Life Sciences for ₹5,650 crore. Nirma plans to fund the acquisition by the end of the current fiscal year.

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Morning Scan: All the big stories to get you started for the day

A round-up of top newspaper stories to keep you ahead of others.

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Glenmark India business will be back on track in Q4: Glenn Saldanha

Glenmark India business will be back on track in Q4: Glenn Saldanha
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Glenn saldanhaGlenmark life sciencesIchnos sciences incGlenmark pharmaceutical indiaManaging directorGlenmark lifeIchnos glenmark innovationNorth america