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Rs 60 to Rs 639: This stock turned into a multibagger in six months
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sensex and nifty today: Sensex plunges by 600 points: Key factors dragging the market
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sensex: Sensex ends in red despite superb recovery; Airtel leaps 5%, DRL down 3%
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Glenmark manufacturing plant at Dahej, Gujarat; Image courtesy: Glenmark
Synopsis
The company’s performance has been robust 16% CAGR in revenue and 17% CAGR in Ebitda over the last three years, and an Ebitda margin of over 30%. Besides, it has fared well in the critical parameter of quality compliance. It is now looking to expand its manufacturing capacity, product portfolio, and geographical presence, but can it continue its run?
Active pharmaceutical ingredients (APIs) are the backbone of pharma industry. When the pandemic struck, cracks in the pharma supply chain were exposed, especially the high dependence on China for APIs and other key raw materials. This brought the not-so-glamorous API sector into the limelight. Over the last one year, API makers in India like Divi’s Laboratories, Laurus Labs, Aarti Drugs, Granules India, and Solara Active Pharma Sciences have not
Top stocks in focus: Larsen & Toubro, Axis Bank, Vedanta, DLF, Tata Motors
Check out the stocks that will be in focus during trade today based on recent and latest news developments. July 27, 2021 7:38 IST | India Infoline News Service Larsen & Toubro: The company reported profit at Rs1,174.4cr in Q1FY22 against Rs303cr in Q1FY21, revenue jumped to Rs29,334.7cr from Rs21,260cr yoy. Axis Bank: The bank reported a sharply higher profit at Rs2,160.15cr in Q1FY22 against Rs1,112.17cr in Q1FY21, net interest income increased to Rs7,760.27cr from Rs6,985.31cr yoy. Vedanta: The company reported a sharply higher profit at Rs4,224cr in Q1FY22 against Rs1,033cr in Q1FY21, revenue jumped to Rs28,412cr from Rs15,973cr yoy. T