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With this, LIC’s stake in the blue-chip pharma stock has jumped to 5.004% from 4.996% earlier. Analyze the market sentiments & identify the trend reversal for strategic decisions. Check the score based on the company’s fundamentals, solvency, growth, risk & ownership to decide the right stocks. Get to know where the Stake login market bulls are investing to identify the right stocks. The total market capitalization of the company stood little above Rs 67,000 crore.

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  • For the first half of the financial year, the company’s sales grew 9.3% to ₹28,191.3 crore.

This is the second foreign bank to receive a conditional nod from RBI to open a local subsidiary in eight months. If satisfied with certain compliances following this conditional nod, RBI said it will consider granting the foreign lender a licence to start its banking business under the new subsidiary. US sales of Innovative Medicines have surpassed Generics for the first time during the quarter. The company invested ₹1685.5 crore in research and development, which is 6% of the overall sales. For the first half of the financial year, the company’s sales grew 9.3% to ₹28,191.3 crore. The stock offered a return of 180% in five years and 115% in ten years.

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In the last one year, the pharma stock has remained flat as it declined 4%. Manage your wealth better with in-depth insights & updates on finance. Read the PDF version of TOI newspaper.

The current CoinMarketCap ranking is #1256, with a live market cap of $6,025,713 USD. Foreign banks have found it an uphill task to grow market share in India barring a few areas. That was the first time the central bank had tapped a bank with a foreign parent to backstop an Indian rival. On a longer time frame of two years, Sun Pharma stock has rallied 28%, while in three years, it has jumped 65%.