Torrent Pharmaceuticals Ltd News
Nifty Pharma dips to 7-mth low; bears may gain control if breaks 52-wk low
Barring Sun Pharmaceutical Industries, which is anticipated to rally up to 10 per cent; other stocks indicate weak bias, as per technical charts
 "Nifty Pharma dips to 7-mth low; bears may gain control if breaks 52-wk low")
Torrent Pharma Q3 PAT up 14% to Rs 249 crore riding on India, Brazil
Torrent Pharma's revenues came in at Rs 2,491 crore for the quarter under review. The Ebitda margins were at 29.1 per cent while gross margins were 71 per cent during Q3FY23
 "Torrent Pharma Q3 PAT up 14% to Rs 249 crore riding on India, Brazil")
Torrent Pharma Q3 net profit up 14% to Rs 283 cr; interim dividend declared
Torrent Pharma on Wednesday said its consolidated net profit increased by 14 per cent to Rs 283 crore in the third quarter ended December 31, 2022. The drug firm had reported a net profit of Rs 249 crore in the October-December period of previous fiscal. Net sales increased to Rs 2,459 crore in the quarter under review as against Rs 2,092 crore in the year-ago period, the company said in a regulatory filing. The company's board, which met on Wednesday, declared an interim dividend of Rs 14 (280 per cent) per share of Rs 5 each. On Wednesday, shares of the company ended 1.86 per cent down at Rs 1,557.50 apiece on the BSE.
Stocks to Watch: Sula Vineyards, RIL, Spandana, Speciality Restaurants
Stocks to Watch Today: Shares of Sula Vineyards likely to list on a tepid note on Thursday.
 "Stocks to Watch: Sula Vineyards, RIL, Spandana, Speciality Restaurants")
