Dr Anuj Saxena, managing director of the company said, "We expect to generate revenues of approximately Rs 30-40 crore from the launch of a men's deodorant called Octane."
Stocks of Elder Healthcare jumped more than 18% today after the company announced its plans to launch a range of new products in the skin care and other segments. Commenting on this issue, Dr Anuj Saxena, managing director of the company said, Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.