Source:The Hindu BusinessLine - Mumbai, Jan. 31: The Himalaya Drug Company is eyeing the organic segment for personal care products in India with its Botanique brand, a readymade body care range catering to international markets. “The market for organic products is getting big in India
8.55 PM Feb 1st 2013
Source:BBC - Shares in AstraZeneca have fallen 4% after the drugs company announced a drop in sales and said that the tough conditions would continue. Sales in the last three months fell 16% to $7.28bn, as the firm continues to suffer an erosion of business due to the expiry of patents on its drugs
4.18 PM Feb 1st 2013
Source:The Hindu BusinessLine - New Delhi, Jan 30: Drug company Merck Ltd on Wednesday posted a 58.37 per cent rise in net profit at Rs 20.05 crore for the fourth quarter ended December 31, 2012 as against a net profit of Rs 12.66 crore for the same period of previous fiscal. Net sales
4.54 PM Jan 31st 2013
Do not average. FY14 EPS is expected to be at 12. Bulk Drug companies can be valued at a rich PE multiple of 10x. You may average only when price hits below 120. Fundamentally good but valuation-wise, still too expensive. Short to 120, if you can.
3.16 PM Jan 24th 2013
Source:Business Standard - Drug company Ajanta Pharma today reported 75.9% increase in net profit to Rs 32.57 crore for the third quarter ended December 31, 2012, mainly on robust sales. The company had posted a net profit of Rs 18.51 crore for the corresponding period previous fiscal.
2.48 PM Jan 24th 2013
Source:The Hindu BusinessLine - New Delhi, Jan 23: Drug company Ajanta Pharma today reported a 75.95 per cent increase in net profit at Rs 32.57 crore for the third quarter ended December 31, 2012, mainly on robust sales. The company had posted a net profit of Rs 18.51 crore in the corresponding
5.17 PM Jan 23rd 2013
Source:Economic Times - NEW DELHI: The government is all set to crack the whip on India`s shameful pharma-doctor nexus. The National Development Council (NDC), led by Prime Minister Manmohan Singh, will meet on December 27 to discuss bringing a legislation requiring drug companies to mandatorily
2.46 PM Dec 26th 2012
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.