India's JB Chem and Pharma rises on Q3 profit surge

J B Chemicals and Pharmaceuticals

05/02/2025 04:21

** J.B. Chemicals and Pharmaceuticals  JBCH.NS  rises as
much as 2.7% to 1,789.95 rupees; set for second straight session
of gains
    ** Co reports ~22% y/y rise in Q3 consol net profit, helped
by sustained domestic demand for its drugs used to treat chronic
and acute conditions
    ** Rev from ops grows 14% y/y
    ** Stock rated "buy" on avg; median PT is 2,230 rupees -
LSEG
    ** JBCH cuts YTD losses to 5.5%

($1 = 87.1170 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))