Key Points
The pharmaceutical API industry in India is ranked third-largest globally in terms of volume..
It is expected to clock a CAGR of 5-7% between fiscal 2023 and fiscal 2027, largely driven by the demand from domestic formulation manufacturers as well as export markets.ETMarkets.com..
The initial public offer (IPO) of Valiant Laboratories, which opens for subscription on Wednesday, will run till October 3..
The offer, which is priced at Rs 133-140 apiece, is completely a fresh equity issue of 1.08 crore shares..
The company's revenues grew 16% to Rs 339 crore in the fiscal year 2023, while the net profit was marginally higher at Rs 28.9 crore, compared with Rs 27.4 crore a year ago...
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