The shares of this pharma company gained up to 8 percent after the company’s net profit and revenue increased by 222 percent and 33 percent YoY, respectively in Q1FY25. With a market capitalization of Rs 7,446.07 crore, the shares of Orchid Pharma Ltd were trading at Rs 1,468.10 per share, decreasing around 0.61 percent as [...]
The Shares of the leading pharmaceutical firm gained 4.2% to an intraday high of ₹1,188.10 per share after it partnered with Cipla for the distribution of the new Urinary Tract infections(UTI) drug called Cefepime Enmetazobactam across India. At 11:40 a.m., Orchid Pharma Ltd shares were trading at ₹1,156.70 per share, up 1.48 percent from the [...]
Following the release of Q4 FY23-24 and FY24 financial results, which showed a decline in the net profit by 44.4 percent YoY, the share price of a leading pharmaceutical company headquartered in Chennai dipped by 10.3 percent on BSE to hit an intraday low at Rs. 984.15 in the trading session of Friday. With a [...]
The Indian Pharmaceutical industry has experienced significant growth and a positive outlook in 2023. The sector has expanded its global footprint, with India being the largest provider of generic medications worldwide, occupying a 20 percent share of the global supply by volume. The pharmaceutical industry has been growing rapidly in recent years due to several [...]
The shares of integrated active pharmaceutical ingredients (API) manufacturers gained up to 10 percent after the company received USFDA approval under the New Drug Application (NDA) process. With a market capitalization of Rs 6,173.53 crore. The shares of Orchid Pharma Ltd closed at Rs 1,217.20 per share, increased around 5.76 percent as compared to the [...]
The Shares of the leading pharmaceutical company hit a 20 % upper circuit on Tuesday's first half-session on the National Stock Exchange after the company received marketing approval from the European Medicines Agency for its antibiotic drug Exblifeb. On Tuesday’s trade, Orchid Pharma Ltd shares hit a 20% upper circuit to a 52-week high price [...]
The shares of this pharmaceutical company hit a 20 percent upper circuit of Rs 678.40 a share after the brokerage recommended a ‘buy’ rating. With a market capitalization of Rs 3,196.83 Crores. Orchid Pharma Ltd, On Friday, The shares were trading at Rs 630.30 a share, an increase of 11.49 percent from the previous closing [...]
The Shares of leading pharmaceutical company surged 6.5 percent on Wednesday's second half session on the National Stock Exchange, to Rs 501 apiece, after the company expanded manufacturing capacity at its Tamilnadu Plant. At 3:25 p.m., Orchid Pharma Ltd shares were trading at Rs 496.85 a share, up 5.7 percent from the previous close price [...]
Many investors pay close attention towards mutual funds investments in the stock market,since they invest large sums that might influence stock price movements. Moreover it's difficult for retail investors to discover all relevant information about a firm, they tend to follow the activities of institutional money, particularly mutual funds, to make investment selections. These institutions [...]