Cipla Share Price Live Updates: Cipla's Stock Update
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Business Standard
an hour ago
- Business Standard
Next US fix could stanch Cipla's Revlimid bleed amid pricing pressure
Generics pipeline starts to pulse as Advair, Symbicort, and Abraxane prepare to hit the vein Ram Prasad Sahu Mumbai Listen to This Article Cipla, the country's third-largest drugmaker by market value, was the top gainer on the Nifty 50 on Friday, rising over 3 per cent. While the April-June quarter (Q1) results for 2025-26 (FY26) came in ahead of estimates, it was the upbeat guidance for the US market that drove sentiment. Ahead of the quarter, most brokerages had expected weakness in the US business and pressure on margins. But those concerns were put to rest by the launch slate, margin performance in Q1, and the FY26 guidance. Investor focus remained on the US operations, especially the pricing pressure on the generic version
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Business Standard
2 days ago
- Business Standard
Q1 results today: Kotak Mahindra, IDFC First Bank among 38 firms on July 26
Kotak Mahindra Bank, IDFC First Bank, Whirlpool of India, and ZEN Technologies are scheduled to announce their earnings report for Q1FY26 today. A host of other companies are also expected to declare their Q1 results today include Balkrishna Industries, Affle 3I, Rainbow Children's Medicare, SBFC Finance, Lodha Developers, and Jain Irrigation Systems. Q1 results highlights from July 25 Cipla: Pharma major Cipla reported a 10 per cent year-on-year (Y-o-Y) rise in its consolidated net profit, which stood at ₹1,297 crore for Q1FY26, up from ₹1,177 crore in the same period last year. Revenue from operations grew 3.2 per cent Y-o-Y to ₹6,837 crore, compared to ₹6,627 crore a year ago. The growth in profit and revenue was driven by strong performance in the consumer healthcare and generic segments. On a sequential basis, revenue rose 3.6 per cent, while net profit increased by 6.2 per cent. SAIL: Steel Authority of India Ltd (SAIL) posted a net profit of ₹744.6 crore for Q1FY26, registering a sharp year-on-year (Y-o-Y) increase of over 810 per cent from ₹81.8 crore in the corresponding quarter last year. Revenue from operations rose 8 per cent Y-o-Y to ₹25,921.8 crore, up from ₹23,997.8 crore in Q1FY25. The strong growth in profit was driven by improved operational performance and higher realisations. Sequentially, however, net profit declined from ₹1,251 crore in the previous quarter (Q4FY25), while revenue dropped by 12 per cent from ₹29,316.1 crore. Market close highlights from July 25 Indian stock markets ended sharply lower on Friday, July 25, dragged down by weakness in the Bajaj twins — Bajaj Finance and Bajaj Finserv — along with other heavyweight counters. The BSE Sensex closed at 81,463.09, down 721 points or 0.88 per cent, while the NSE Nifty50 settled at 24,837, slipping 225 points or 0.9 per cent. On the BSE, major laggards included Bajaj Finance, Bajaj Finserv, Power Grid, Tech Mahindra, Infosys, and Trent. Sun Pharma was the sole gainer in an otherwise weak session. In the broader market, the Nifty MidCap index declined 1.61 per cent, and the Nifty SmallCap index shed 2.1 per cent. List of firms releasing Q1 FY26 results on July 22 3P Land Holdings Ltd Adarsh Plant Protect Ltd Affle 3I Ltd Archidply Industries Ltd AYM Syntex Ltd Balkrishna Industries Ltd-$ Chembond Chemicals Ltd Chambal Breweries & Distilleries Ltd Cil Securities Ltd Coral Newsprints Ltd Creative Castings Ltd Dolphin Medical Services Ltd Gagan Gases Ltd Howard Hotels Ltd IDFC First Bank Ltd Jagsonpal Pharmaceuticals Ltd Jayant Agro Organics Ltd Jain Irrigation Systems Ltd_DVR Jain Irrigation Systems Ltd Kotak Mahindra Bank Ltd Lodha Developers Ltd Medinova Diagnostic Services Ltd Moneyboxx Finance Ltd Premier Energies Ltd Rainbow Children's Medicare Ltd Ras Resorts & Apart Hotels Ltd Regency Fincorp Ltd Relic Technologies Ltd Rishab Special Yarns Ltd SBFC Finance Ltd SKP Securities Ltd SMC Global Securities Ltd Stratmont Industries Ltd TCC Concept Ltd Vandan Foods Ltd Whirlpool of India Ltd ZEN Technologies Ltd ZF Steering Gear India Ltd-$
Time of India
2 days ago
- Time of India
Oppn blames govt for not ensuring jobs for locals
Porvorim: Blaming govt for doing little to ensure employment opportunities for locals, legislators on Friday said that private companies continue to flout recruitment norms by hiring workers from other states. Legislators said that with over 1.2 lakh Goan youth registered with the employment exchange, sustainable job opportunities are required to ensure that local youth are gainfully employed. The MLAs pointed out that Goa's unemployment rate is pegged at 19%, one of the highest in the country. Govt said that the employment exchange registrations are inflated as many applicants do not remove their names in the hope of landing a govt job. Congress MLA Carlos Ferreira moved a private member's resolution asking govt to address the issue of unemployment in the state. Ferreira said that govt must ensure that Goans are 'prioritised' in recruitment opportunities. Ferreira also demanded stringent measures to guarantee transparency in the recruitment process, equitable access, and protection of the rights of those already employed. 'Companies like Cipla, which are heavily favoured by govt, are not even hiring locals,' Goa Forward Party MLA Vijai Sardesai said. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Learn How To Write Faster for Work (Find Out Now) Grammarly Learn More Undo by Taboola by Taboola Govt data shows that of about 1.4 lakh cards issued under the Labour Smart Cards Scheme, 65,871 are Goan holders and 73,844 are from other states. Goa Investment Promotion Board approved 17 projects promising 9,244 jobs, but only 43 jobs were created so far, shows the data. Calling the situation 'grave and unacceptable,' Sardesai demanded the formation of two high-level task forces to prioritise employment. However, labour and employment minister Atanasio Monserrate blamed Goans for not showing interest in private sector jobs.
