AK Jain, the executive director of Ipca Labs, in an interview on CNBC-TV18, talks about the latest happenings in the company and sector.
Tonira Pharma will merge with Ipca Laboratories. IPCA currently holds more than 32% on Tonira, reports Business Standard. It touched an intraday high of Rs 25 and an intraday low of Rs 23.50. At 09:30 hrs the share was quoting at Rs 23.85, up Rs 1.35, or 6%.
Tonira Pharma has reported a sales turnover of Rs 5.09 crore and a net loss of Rs 1.05 crore for the quarter ended Mar '11
Tonira Pharma has reported a sales turnover of Rs 10.05 crore and a net profit of Rs 0.40 crore for the quarter ended Dec '10