News for Syngene International Limited (SYNGENE.BO)

PR NewswireBANGALORE, India, March 10, 2025 Expected to enhance global innovator flexibility with biologics drug substance facility in BaltimoreBANGALORE,

**media[545950]**

Indian benchmark indices ended lower on Friday, led by declines in pharma, real estate, and auto stocks. Capri Global, KFin Technologies, and Mphasis reported strong earnings, while Cyient and Tejas Networks saw sharp drops.

Syngene International Limited reports strong Q3 results with profit-after-tax of Rs 131 crore and revenue growth of 11%.

Stocks including Hindustan Unilever, Stallion India, UltraTech, BPCL, Laurus Labs, Go digit, Adani Green and more will be in the spotlight on Thursday, January 23.

Eicher Motors Ltd., BSE Ltd., ABB India Ltd., Larsen & Toubro Ltd. and Titan Co. are among the companies that Jefferies expects will post strong third quarter earnings this season, amid a dim forecast for broader India Inc. Jefferies projects earnings growth for companies in its coverage, excluding oil and gas and metals, to decline by two percentage points on a sequential basis to an 18-quarter low of 8% year-on-year on a sharp slowdown in lending financial earnings.

Anthem Biosciences, a CRDMO, has filed for a Rs 3,395 crore IPO. The offer comprises an OFS by promoters and investors, including True North.

Biocon Ltd. sells 80 lakh Syngene shares in a Rs 686 crore block deal, retaining a 52.46% stake. The sale supports strategic alignment amid challenges in Q2 FY25.

Stocks including Tata Motors, Syngene, JSW Steel, Bharat Electronics, Vodafone Idea, Bharat Forge, NHPC, Torrent Power and more will be in the spotlight on Tuesday, December 10.

Shares of Syngene International dropped 5.7%, Piramal Pharma fell 4.2%, Lauras Labs and Neuland Laboratories declined 3% and Divi's Laboratories fell 2.8% on Monday. The BSE 500 was down 0.1%.

Syngene CFO Sibaji Biswas resigns, Deepak Jain to take over; Jayashree Aiyar appointed CSO, driving scientific strategy and innovation.

The global preclinical CRO market size was valued at USD 8.62 billion in 2024. It is projected to reach USD 21.48 billion by 2033, growing at a CAGR of...

OneSource, a TPG Growth-backed specialty pharma CDMO, is in talks with investors to raise $200 million. The company, formerly Stelis Biopharma, was demerged from Strides Pharma and aims to list on BSE and NSE within a year. OneSource plans to reduce debt and expand its manufacturing capabilities.

Individually, shares of Laurus Labs rose up to 5.55 per cent at Rs 517.90 per share, Akums Drugs and Pharmaceuticals shares locked in 5 per cent upper circuit at Rs 910.55 a piece: Pharma stocks

The Global Drug Discovery Outsourcing Services Market Size was Valued at USD 3.8 Billion in 2023 and the Worldwide Drug Discovery Outsourcing Services...

Stocks to Watch today, Wednesday, July 24, 2024: HUL reported a 2.2 per cent Y-o-Y rise in consolidated net profit at Rs 2,610 crore for Q1FY25, in line with market expectations

Nifty on Friday ended 98 points higher to form an Inside Bar candlestick pattern on the daily chart. If the headline index manages to hold Thursday's low of 21,932, a pullback looks possible to chartists.

Nifty ended Thursday expiry weaker by 345 points as the index broke below both the lower boundary of its upward channel and the support of the 50-day exponential moving average (DEMA) around the 22,150 level.

Nifty on Wednesday ended flat to form a high wave type candle pattern, which indicates chances of an upside bounce. The positive chart pattern like higher tops and bottoms is intact as per daily time frame chart and presently the market is in an attempt of new higher bottom formation.