Revenue from the generic business in North America surged 79%, backed by successful new product launches.
The company's US business achieved its highest-ever revenue of $222 million
Recommendation: Reduce; Target price: Rs 4900
Net profit shows a strong growth of 62.9% from Rs 6,477.74 crore in Q4FY23
Company's overall expenses in the first quarter of FY 2023-24 were Rs 1,036.06 crore.
In Tamil Nadu, Foxconn already operates a sizable site where it assembles Apple's iPhones.
Recommendation: Add; Target price: Rs 1075
Plix was established in 2018 by Rishubh Satiya and Akash Zaveri. Its products support better hair health and weight control.
Before joining EaseMyTrip, Mehta had a number of key leadership positions.
Jerome Powell, the chairman of the Federal Reserve, left the possibility of another raise in September open, but traders were dubious, driving the U.S. dollar generally down.
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