The Indian stock market continued its upward trend on Monday, driven by the BJP-led alliance's win in the Maharashtra assembly election, with the Sensex rising 993 points or 1.25% to 80,109.85 and the Nifty increasing 315 points or 1.32% to 24,221.90, marking a gain of nearly 3,000 points in just two sessions.
Open FlipEurope has faced an unprecedented challenge related to drug shortages. Previously, shortages were dictated by production capacity & changing market. However, the largely inflationary-driven negative impact on pharma developers seen in 2023 has continued into 2024 as manufacturers battle with high operating costs while govts continue to curb price growth through cost-containment policies.
Open FlipReported Consolidated quarterly numbers for TVS Srichakra are: Net Sales at Rs 841.74 crore in September 2024 up 13.8% from Rs. 739.65 crore in September 2023. Quarterly Net Profit at Rs. 10.31 crore in September 2024 down 73.65% from Rs. 39.12 crore in September 2023. EBITDA stands at Rs. 61.43 crore in September 2024 down 32.72% from Rs. 91.31 crore in September 2023.
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