India's Akums Drugs drops to seven-month low on lower quarterly profit

Akums Drugs and Pharmaceuticals

14/11/2025 08:53

** Akums Drugs and Pharmaceuticals AKUM.NS drops about 5% to seven-month low of 415.05 rupees

** Set for second straight session of losses

** Co's Q2 adjusted profit slips 28.3% y/y, revenue down 1.5%, as per investor presentation

** More than 660,000 shares traded so far, about 4.6x of 30-day avg daily volume

** Co says CDMO growth slow on account of declining API prices

** Adds, gross margins impacted by unfavourable product mix

** YTD, stock down 35%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))