Stocks to Watch Today, 1 August: Stocks like Coal India, Shanti Gold International, Swiggy, PB Fintech, Chalet Hotels, RR Kabel, JSW Energy, Aarti Industries, ITC, Eicher Motors, and Gujarat Gas will be in focus on August 1.
'Over 100 million Indians are living with type 2 diabetes and its complexities in India,' said Eric Mansion from Sanofi.
Stocks to Watch, 11 Apr: Stocks like TARC, Bharti Hexacom, Infosys, Aurobindo Pharma, Bharat Heavy Electricals, Bank of India, Tata Steel, Sanofi India, Punjab National Bank, Axiscades Technologies, JSW Energy, Eternal, Federal Bank, Bajaj Healthcare, SRF, Samvardhana Motherson International, IIFL Finance, and Northern Arc Capital will be in focus on April 11.
Sanofi’s cardiovascular (CV) and central nervous system (CNS) therapies have gained traction, supported by partnerships. Rodolfo Hrosz, Managing Director of Sanofi India said the execution of these partnerships has met expectations, pointing to promising growth potential in coming quarters.
Stocks to Watch, Feb 28: Stocks like Schaeffler India, GE Power India, Coal India, Servotech Renewable Power System, Chemplast Sanmar, Rail Vikas Nigam, Life Insurance Corporation of India, InterGlobe Aviation, SpiceJet, Orient Technologies, Kisan Mouldings, HP Telecom India, and Swasth Foodtech India will be in focus on February 28.
The stock touched its 52-week high of Rs 349.79 per share on the NSE, up 5 percent to hit the highest permissible trading limit on Tuesday.
Sanofi India Q4: Revenue came in at Rs 732.4 crore, down 0.5 percent from the year-ago quarter
To bolster its market presence, Sanofi has entered into distribution agreements with prominent pharmaceutical companies such as Cipla, Dr Reddy’s, and Emcure Pharma
Cipla will be responsible for the distribution of Sanofi India’s six central nervous system products, including Frisium, a leading brand in the anti-epileptic medication category
Cipla will utilise its skills and solid network of distributors, institutions, and market outreach programmes to expand access to these treatments for patients, while Sanofi India will continue to own, import, and manufacture its entire range of CNS products across plants in India and abroad
The share touched a 52-week high of Rs 9,370.35 and a 52-week low of Rs 5,329.70 on 23 February, 2024 and 03 May, 2023, respectively.
According to the company, price revision to products listed in NLEM led to weak revenue growth.
The company said Dupixent is the first biologic medicine for the treatment of moderate-to-severe atopic dermatitis in adults whose disease is not adequately controlled with topical prescription therapies.
Sharekhan is bullish on Sanofi India has recommended buy rating on the stock with a target price of Rs 7500 in its research report dated May 18, 2023.
Upon completion of the proposed demerger, the global parent Sanofi will continue to own a 60.4 percent stake in both entities
ICICI Direct recommended hold rating on Sanofi India with a target price of Rs 6270 in its research report dated February 27, 2023.
Elara Capital gave a Buy call for the stock as it sees an upside potential of 26%