Nov 06, 2017 01:53 PM IST
The Union Environment Ministry issued the environment clearance certificate for the proposed project saying that the approval has been given with certain riders. The Ahmedabad-based firm's unit will cover 57,737 sq mt area in Kalol taluk.
- Nov 06, 2017 10:05 AM IST
Torrent Pharmaceuticals will acquire Unichem Laboratories' branded formulation business in India and Nepal for Rs 3,600 crore.
- Nov 06, 2017 08:03 AM IST
The deal marks the fifth acquisition for Torrent. In 2014, Torrent had acquired a set of Elder brands. In the past few years it has acquired manufacturing plants from ZygPharma and Glochem industries and few brands from Novartis.
- Nov 03, 2017 09:14 PM IST
The Torrent Pharmaceuticals and Unichem Laboratories deal is close to fruition. On a day this Rs 3600 crore deal has been sealed, it is a good time to look at M&A activity in 2017 so far. In an interview to CNBC-TV18, Raja Lahiri of Grant Thornton, Randhir Kochhar of Ernst & Young, Vivek Gupta of KPMG and Ashvin Parekh of Ashvin Parekh Advisory Services discussed about the same.
- Nov 03, 2017 06:43 PM IST
The company had posted a net profit of Rs 207 crore in the same period a year ago, Torrent Pharmaceuticals said in a BSE filing.
- Nov 03, 2017 05:42 PM IST
The US sales dropped 21 percent to Rs 255 crore in Q2 due to continued price erosion and customer consolidation, while domestic formulation business grew 22.4 percent to Rs 607 crore on recovery of channel inventory impacted by GST transition.
- Nov 03, 2017 05:19 PM IST
Torrent will fund the acquisition through a mix of internal accruals and bank borrowings.
- Oct 30, 2017 02:10 PM IST
There is a mega deal brewing in the pharma space. CNBC-TV18 learns that Torrent Pharmaceuticals is in advance talks to buy Unichem Laboratories' domestic business.
- Aug 21, 2017 04:03 PM IST
Business news channel ET Now had aired a report which said that the companies are evaluating a potential merger.
- Aug 01, 2017 07:07 PM IST
Edelweiss is bullish on Torrent Pharmaceuticals has recommended Buy rating on the stock with a target price of Rs 1460 in its research report dated July 31, 2017
- Jul 31, 2017 04:27 PM IST
The company had posted a consolidated net profit of Rs 292 crore in the same quarter previous fiscal, Torrent Pharmaceuticals Ltd said in a BSE filing.
- Jul 11, 2017 09:18 AM IST
The plant was inspected by the US Food and Drug Administration between June 26 and 30.
- Jun 08, 2017 09:53 AM IST
Sudarshan Sukhani of s2analytics.com is of the view that one may sell Arvind and Torrent Pharmaceuticals and can buy Larsen & Toubro, Asian Paints and Hero MotoCorp.
- Jun 02, 2017 03:51 PM IST
Edelweiss is bullish on Torrent Pharmaceuticals has recommended buy rating on the stock with a target price of Rs 1570 in its research report dated May 29, 2017.
- May 29, 2017 05:41 PM IST
ICICI Direct recommended hold rating on Torrent Pharmaceuticals with a target price of Rs 1200 in its research report dated May 29, 2017.
- May 29, 2017 09:48 AM IST
In an interview to CNBC-TV18, Amey Chalke, Research Analyst at HDFC Securities shared his readings and outlook on a few of the pharma stocks.
- May 22, 2017 10:07 AM IST
Sudarshan Sukhani of s2analytics.com suggests selling IndusInd Bank, Torrent Pharmaceuticals and Coal India and advises buying Adani Ports and Special Economic Zone and Escorts.
- May 12, 2017 07:50 PM IST
Drug firm Torrent Pharmaceuticals today said the US health regulator has issued four observations after inspection of its Indrad facility in Gujarat.
- Apr 10, 2017 12:45 PM IST
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Divis Laboratories, Welspun India, AB Fashion, Torrent Pharmaceuticals, Reliance Communications & SML Isuzu.
- Mar 20, 2017 09:38 AM IST
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Capital First , Power Finance Corporation and Torrent Pharma and sell Bharti Airtel and Tata Motors DVR.
- Mar 17, 2017 03:44 PM IST
Ashwani Gujral of ashwanigujral.com recommends buying Whirlpool of India, Torrent Pharmaceuticals and Bharat Financial Inclusion.
- Mar 08, 2017 12:11 PM IST
According to Satish Gupta of astrostocktips, pharma stocks like Divis Lab, Cipla, Alembic Pharma, Strides Shasun, Ajanta Pharma and Torrent Pharma will get astro support.
- Mar 08, 2017 11:32 AM IST
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Kotak Mahindra Bank and NMDC.
- Feb 28, 2017 09:49 AM IST
Mitessh Thakkar of miteshthacker.com suggests buying Torrent Pharma, Wockhardt and Hindustan Unilever and aadvises selling Canara Bank and IDFC Bank.
- Feb 28, 2017 07:52 AM IST
Gaurav Ratnaparkhi of Sharekhan advises buying Kaveri Seed Company with a target of Rs 489.