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BloombergQuint | Latest and Live Business, Market, Political and Economy News
12.05.2025
After a strong FY24, Aurobindo Pharma Ltd. is expected to post a moderate 10% YoY earnings growth in FY25, partly due to: operational losses from the PEN-G product and disrupted production at Eugia III caused by regulatory issues. With the above issues largely behind, we expect Aurobindo Pharma to witness an uptrend in earnings growth, led by-
Navin Fluorine International Ltd.’s business is shaping up well with visible scaling up of pharma contract development manufacturing organisation and multiple latestage contracts in sight. Agro-chemicals’ intermediate capacities are ramping up with new product campaigns rising. Refgas has capacity expansion in clean R-32, and supply contract for HFO. And now, Navin Fluorine is foraying into advance materials with initial capacities of two-phase immersion cooling fluid
Garden Reach Shipbuilders and Engineers Ltd. (GRSE) is scheduled to announce its financial results for the fourth quarter and the full fiscal ended March 31, 2025, this week. The shipbuilding company confirmed the date of the upcoming earnings release in a stock exchange filing. The Kolkata-based company is a public sector undertaking (PSU), which operates under the Ministry of Defence.
Indian equity markets surged on Monday morning, buoyed by improved investor sentiment following a significant de-escalation in tensions between India and Pakistan. This development, combined with encouraging signals from the ongoing US-China trade negotiations, lifting the benchmark indices nearly 3%.