Stocks to Watch, 24 July: Stccks like Infosys, Dr Reddys Laboratories, Tata Consumer Products, Cigniti Technologies, Force Motors, Natco Pharma, IndusInd Bank, BEML, and Tilaknagar Industries will be in focus on July 24.
Natco Pharma to set up arm in South Africa with investment of Rs 2,100 crore
Adcock Ingram offers generics and OTC medicines in Africa. CNBC-Awaaz reported that Natco may buy majority stake in the firm
Natco Pharma share price | The USFDA concluded the inspection at company's unit at Kothur, Hyderabad, India with seven observations.
Stocks to Watch, 20 June: Stocks like Brigade Enterprises, TD Power Systems, JSW Infrastructure, Biocon, United Spirits, Can Fin Homes, Container Corporation of India, Sai Life Sciences, Kaynes Technology India, GMM Pfaudler, Axiscades Technologies, ITD Cementation India, Natco Pharma, and Le Travenues Technology will be in focus on June 20.
Stocks to watch, 16 June: Gujarat Themis Biosyn, Godrej Properties, Sun Pharmaceutical Industries, Belrise Industries, Syngene International, Natco Pharma, Vedanta, ITC, Eicher Motors, South Indian Bank, NTPC, Nazara Technologies, Scoda Tubes, Shalby, Jubilant Pharmova, Jubilant Foodworks, and Jubilant Ingrevia will be in focus on June 16.
ICICI Securities recommended hold rating on Natco Pharma with a target price of Rs 890 in its research report dated May 30, 2025.
Stocks to watch, 29 May: Stocks like Bharat Rasayan, HeidelbergCement India, Birlasoft,Som Distilleries and Breweries, Natco Pharma, Deepak Nitrite, RITES, Aurobindo Pharma, IndusInd Bank, Steel Authority of India, Avanti Feeds, Insecticides India, Balaji Amines, Cummins India, ITC, ADF Foods, Mishra Dhatu Nigam, and Unified Data Tech Solutions will be in focus on May 29.
Natco Pharma's Q3 earnings were heavily dented by a sharp drag in its export formulations segment, which accounted for 44 percent of its total sales.
Revenue from operations rose to Rs 1,371 crore as compared with Rs 1,031 crore in the year-ago period
Benchmark indices ended the day in the red for the sixth straight session, albeit off the day's lows. At close, the Sensex was down 638.45 points or 0.78 percent at 81,050, and the Nifty was down 218.80 points or 0.87 percent at 24,795.80.
The Nifty 50 is expected to remain rangebound before moving in a firm direction. Below are some trading ideas for the near term.
ICICI Securities recommended hold rating on Natco Pharma with a target price of Rs 1430 in its research report dated August 13, 2024.
Engineers India, Aditya Birla Fashion and Retail, Amara Raja Energy & Mobility, Aster DM Healthcare, EIH, Exicom Tele-Systems, and IRCTC are among the 440 companies set to announce their March quarter earnings on Tuesday.