Granules India rises after quarterly profit increase
BUZZ-Granules India rises after quarterly profit increase ** Shares of Granules India GRAN.NS rise 2.6% to 899 rupees
** Indian drugmaker posted quarterly profit rise of 60% y/y; total rev from ops increased 22% y/y
** GRAN rated "buy" on avg by 8 analysts; median PT is 765 rupees -- data compiled by LSEG
** Stock up 50% YTD
(Reporting by Abhirami G in Bengaluru)
Recent news on Granules India
See all newsGranules India profit surges as higher sales outweigh cost pressures
Brief: Granules India Q2 Consol Profit 1.82 Billion Rupees
Brief: Granules Says Incorporated Wholly Owned Subsidiary Triton Farmaceutica S.A. De C.V. In Mexico
Brief: Granules Promoter Group Pays 10.93 Billion Rupees For Preferential Issue
Granules India falls after key shareholder trims stake