Granules India hits record high on Q4 profit, revenue jump

Granules India

29/04/2026 09:07

** Granules India GRAN.NS reverses course, rises 3.23% to record high of 728 rupees

** Drugmaker's fourth quarter profit jumps 32.6% y/y to 2.02 billion rupees ($21.3 million) on strong demand for key products in its major markets and portfolio expansion

** Revenue rises 21.7% y/y to 14.71 billion rupees

** Around 2.84 mln shares traded vs 30-day avg of 1.17 mln

** Stock rated "buy" on avg; median PT is 685 rupees, per data compiled by LSEG

** YTD, GRAN up 17.82%

($1 = 94.7450 Indian rupees)

 (Reporting by Surbhi Misra in Bengaluru)

 ((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))