The pharmaceutical company's operations in India and its core regions performed better than expected, with certain important goods seeing a normalization.
The deal will result in the re-appointment of the KCM board and the withdrawal of all pending legal challenges.
RGBPL will no longer be a wholly owned subsidiary of D B Realty after the sale
Bharat Forge's defense vertical, KSSL, secured new business worth Rs 1,100 crore during the quarter, increasing the executable order book to Rs 3,000 crore over the next 24 months.
The company's net profit for the July-September quarter witnessed a remarkable 55.5% year-on-year increase
Earnings before interest, taxes, depreciation, and amortization (EBITDA) for Zydus Life was Rs 1,146 crore, a 41% increase from Rs 815 during the same time last year.
The company's profit after tax (PAT) surged by 369 % year-on-year to Rs 55 crore in Q2FY24
The company's income from operations increased 17.7% year-on-year to Rs 1,609.70 crore.
Recommendation: Buy; Target Price: Rs 830
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