Granules Consumer Health's packaging unit in Manassas was inspected by the US FDA from March 15-20.
The company has received approval from the US Food & Drug Administration (USFDA) to market Losartan Potassium tablets in strengths of 25 mg, 50 mg, and 100 mg, Granules India said in a regulatory filing.
The company now has a total of 54 ANDA approvals from USFDA, including 52 final approvals and 2 tentative approvals.
ICICI Direct is bullish on Granules India recommended buy rating on the stock with a target price of Rs 355 in its research report dated January 28, 2023.
Consolidated profit rose to 1.24 billion rupees ($15.22 million) for the three months ended Dec. 31, from 1.01 billion rupees a year earlier.
Sharekhan is bullish on Granules India has recommended buy rating on the stock with a target price of Rs 400 in its research report dated December 23, 2022.
Sharekhan recommended Hold rating on Granules India with a target price of Rs 400 in its research report dated October 28, 2022.
Bharat Forge, post August 2021, corrected with decreasing volumes. This tells that the stock has weak supply.
ICICI Direct is bullish on Granules India recommended buy rating on the stock with a target price of Rs 410 in its research report dated October 25, 2022.
On September 30, India Cements and Granules India outdid the market and were the biggest gainers in the futures & options segment
Sameet Chavan of Angel One advises traders to keep a close tab on global developments and says any favourable cues will certainly provide the much-needed push to the domestic market
One should avoid trading aggressively till the time market stabilises from this turbulence, Sameet Chavan of Angel One advises
Sharekhan recommended Hold rating on Granules India with a target price of Rs 332 in its research report dated August 10, 2022.
Motilal Oswal is bullish on Granules India recommended buy rating on the stock with a target price of Rs 370 in its research report dated August 10, 2022.
USFDA completed an inspection of the facility of Granules Pharmaceuticals on July 22.
Granules India witnessed positive divergence between the prices and RSI indicator. The divergence is followed by breakout in RSI as well which indicates a strong momentum in the stock prices.
Currently JK Lakshmi Cement is well placed above 20, 50 and 100 day SMA. The daily weekly strength indicator RSI is in bullish terrain which supports rising momentum. The daily "band Bollinger" buy signal indicates increased momentum.
KR Choksey recommended accumulate rating on Granules India with a target price of Rs 270 in its research report dated May 20, 2022.
Motilal Oswal is bullish on Granules India recommended buy rating on the stock with a target price of Rs 300 in its research report dated May 19, 2022.