Experts are of the view that investors should track stocks that are on the verge of a break out as the momentum is likely to sustain for some more time.
Sales of domestic formulation, the biggest contributor to the business grew by 27.5 percent.
The management medium term goal of Rs 1,000 crore turnover by FY22 looks like a tall task now
The company, a part of the Rs 22,000 crore RPG Enterprises, said the domestic formulations sales impacted due to GST transition.
In an interview to CNBC-TV18, CT Renganathan, MD of RPG Life Sciences spoke about the results and his outlook for the company. "We are optimistic of 2018, in terms of consolidation, we have done good consolidation last year", he said.
Tata Motors | Mahindra & Mahindra | Cipla | Marico | Tata Global Beverage | RPG Life | Cummins India | Apar Industries | Oricon Enterprises | Teamlease | NHPC and Sona Koyo are stocks, which are in the news today.
Ashwani Gujral of ashwanigujral.com suggests buying RPG Life Sciences, PTC India and PC Jeweller.
Pharmaceutical stocks have traditionally been considered defensive safe havens because demand for medicines doesn‘t depend on the economic cycle
Ashwani Gujral of ashwanigujral.com advises buying Axis Bank and Tata Motors DVR.
Sun Pharma | Wipro | Mindtree | Mahindra and Mahindra | Cairn India | V-Guard Industries | Tata Sponge | RPG Life and Lakshmi Machine Works are stocks, which are in the news today.
Axis Bank | Sun Pharma | Wipro | Mindtree | Mahindra and Mahindra | Cairn India | V-Guard Industries | Tata Sponge | RPG Life and Lakshmi Machine Works are stocks, which will be in the news on Monday.
Drug major Sun Pharmaceutical Industries today completed the divestment of its seven prescription brands in India to RPG Life Sciences.
Drug firm RPG Life Sciences on Friday reported a four fold jump in net profit to Rs 10.25 crore for the second quarter ended September 30, mainly on account of sale of the biotech business.
Ashwani Gujral of ashwanigujral.com recommends buying Tata Steel, RPG Life Sciences and HDFC.
Ashwani Gujral of ashwanigujral.com suggests buying ata Communications, RPG Life and IFCI.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy NIIT Technologies and RPG life and sell Tata Chemicals.
RPG Life Sciences has reported a sales total income from operations of Rs 87.43 crore and a net profit of Rs 9.87 crore for the quarter ended Jun '16
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Asian Paints, Hero Moto, Maruti, MCX, Tree House, RPG Life Sciences, Tata Global Beverage, Tata Chemicals and Tata Coffee.
Some of the stocks that should be on your radar are: Lupin, Torrent Pharmaceuticals, RPG Life Sciences, Sun Pharmaceutical Industries, Asian Paints, Bharti Airtel, Multi Commodity Exchange of India, Max India, Reliance Capital, Housing Development Finance Corporation, Indian Hotels Company.
The move is in line with the RPG's strategy to focus on formulation business. The acquired brands are primarily in respiratory and urology segments. In addition to this, three products will compliment the company's existing range, the company said.