BUZZ-India's Gland Pharma hits more than 2-month high on strong Q3 results

Reuters
01/29
BUZZ-India's Gland Pharma hits more than 2-month high on strong Q3 results

** India's Gland Pharma GLAD.NS climbs 8.8% to 1,837.30 rupees, its highest since Nov 14

** Drugmaker reports 28% jump in Q3 profit, supported by strong sales in the key European and U.S. markets

** Q3 Rev from ops rises 22.5% to 16.95 billion Indian rupees ($10.86 million)

** Stock top gainer on pharma index .NIPHARM, which is down 0.3%

** Nomura upgrades stock to "Buy" from "Neutral"; says risk‑reward now appears favorable given recent earnings revisions and the stock’s correction

** Gland is taking the right steps to improve visibility for future growth and expects base business to grow in double‑digits in FY27 and earnings to normalize in FY28E

** Avg rating on GLAD at "Hold"; median PT is 2,054.50 rupees - data compiled by LSEG

($1 = 92.0570 Indian rupees)

(Reporting by Brijesh Patel in Bengaluru)

((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10