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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Several companies, including Titan Company, GAIL, Mankind Pharma, and Dr Reddy's, are set to release their Q2 earnings today, following reports from major firms like TCS, Infosys, and HCL Technologies. GAIL reported a profit increase of 10.1% to Rs 2,689.67 crore, while Saregama India saw a profit drop of 6.7% to Rs 44.90 crore despite a revenue rise of 40.3%. Gland Pharma's profit fell by 15.7% to Rs 163.53 crore, with revenue up 2.4% to Rs 1,405.83 crore.
Mankind Pharma has successfully acquired Bharat Serums and Vaccines Ltd for Rs 13,768 crore, enhancing its position in the Indian women's health and fertility drug market. This acquisition also provides access to high-entry barrier products in critical care, bolstered by BSV's strong R&D capabilities and diverse product portfolio. Mankind Pharma's Vice-chairman and Managing Director, Rajeev Juneja, welcomed BSV's 2,500 employees, marking a new chapter for the company.
Rajeev Juneja
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06:04 05.11.2024
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