Edition:
India

Torrent Pharmaceuticals Ltd (TORP.NS)

TORP.NS on National Stock Exchange of India

1,470.55INR
22 Jun 2018
Change (% chg)

Rs-5.85 (-0.40%)
Prev Close
Rs1,476.40
Open
Rs1,475.55
Day's High
Rs1,476.00
Day's Low
Rs1,445.00
Volume
197,804
Avg. Vol
230,389
52-wk High
Rs1,525.00
52-wk Low
Rs1,147.30

Latest Key Developments (Source: Significant Developments)

India's Torrent Pharmaceuticals March Qtr Consol Profit Up About 11 Pct
Wednesday, 30 May 2018 

May 30 (Reuters) - Torrent Pharmaceuticals Ltd ::MARCH QUARTER CONSOL NET PROFIT 2.28 BILLION RUPEES VERSUS PROFIT OF 2.06 BILLION RUPEES LAST YEAR.MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 17.22 BILLION RUPEES VERSUS 14.34 BILLION RUPEES LAST YEAR.DECLARED FINAL DIVIDEND OF 5 RUPEES PER SHARE.  Full Article

Torrent Pharmaceuticals ‍To Consider Raising Of Funds
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Torrent Pharmaceuticals Ltd ::TO CONSIDER RAISING OF FUNDS VIA ISSUE OF SHARES INCLUDING CONVERTIBLE BONDS / DEBENTURES THROUGH QIP OR OTHER MODES​.‍TO CONSIDER RAISING OF FUNDS VIA ISSUE OF NCDS/BONDS VIA PRIVATE PLACEMENT ​.  Full Article

Torrent Pharmaceuticals Buys Bio-Pharm Inc
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Torrent Pharmaceuticals Ltd ::SAYS TORRENT PHARMA ACQUIRES BIO-PHARM INC.PLANS FURTHER INVESTMENTS TO EXPAND BIO-PHARM FACILITIES; WILL INCREASE NUMBER OF PRODUCT FILINGS FROM BIO-PHARM.  Full Article

‍Torrent Pharma buys branded business of India & Nepal from Unichem
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Torrent Pharmaceuticals Ltd ::‍Torrent Pharma acquires branded formulation business of India and Nepal of Unichem Laboratories Limited​.Says deal for 36 billion rupees‍​.Says will fund deal through mix of internal accruals, bank borrowings‍​.Says deal is ongoing concern basis by way of slump sale.Says about 3000 plus employess will get added to Torrent's existing employee pool.Deal is expected to close by end of 2017‍​.  Full Article

India's Torrent Pharmaceuticals Sept-qtr consol profit down 1.4 pct
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Torrent Pharmaceuticals Ltd ::Sept quarter consol net profit 2.04 billion rupees versus profit of 2.07 billion rupees last year.Consensus forecast for Sept quarter consol net profit was 2.17 billion rupees.Sept quarter consol net sales 14.01 billion rupees versus 14.06 billion rupees last year.  Full Article

Torrent Pharmaceuticals June-qtr consol profit down about 55 pct
Wednesday, 27 Jul 2016 

Torrent Pharmaceuticals Ltd : Says June-quarter consol net profit 2.92 billion rupees; June-quarter consol net sales 15.07 billion rupees . Consensus forecast for June-quarter net profit was 3.27 billion rupees . Consol net profit in June quarter last year was 6.50 billion rupees as per Ind-AS; consol net sales was 18.86 billion rupees .  Full Article

ICRA ratings for Indian debt instruments-May 25

May 25 Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA) for local debt instruments as of May 24, 2018. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT TERM RATINGS: ------------------- Allahabad Bank