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Pharma stock jumps 4% after it partners with Cipla for distribution of new UTI drug across India 

Pharma stock jumps 4% after it partners with Cipla for distribution of new UTI drug across India 

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 [...]
Pharma stock jumps 8% after it reports 222% YoY increase in net profits

Pharma stock delivers 40% return in one month; Here are factors that drove the prices 

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 [...]
Pharma stock jumps 8% after it reports 222% YoY increase in net profits

Pharma stock jumps 10% after receiving USFDA approval for company’s innovative discovery

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 [...]
Pharma stock falls 10% after company’s net profit decreased by 44% YoY 

Pharma stock hits 20% upper circuit after it received approval for antibiotic drug from European Agency 

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 [...]
3 Stocks in which Mutual Funds have increased their stake by up to 9.07% in June Qtr

3 Stocks in which Mutual Funds have increased their stake by up to 9.07% in June Qtr

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 [...]
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