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Divi's Labs: Strong Q3, growth outlook positive, valuation debate continues

Business Standard LogoBusiness Standard8h ago

Divi's Labs: Strong Q3, growth outlook positive, valuation debate continues - Business Standard

Quick Summary:

Divi's Laboratories share price surged 5.36 per cent at Rs 6,205 per share on the BSE in the intraday trade of Tuesday.

Earnings before interest, tax, depreciation and amortisation (Ebitda) rose to Rs 743 crore from Rs 500 crore, with margins improving to 32.04 per cent from 26.9 per cent Y-o-Y.

Jefferies retained a “Hold” at Rs 6,280, noting strong custom synthesis growth and a better product mix but flagged pricing pressure in generics and the need to diversify beyond Sacubitril Valsartan by FY27, according to reports.


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Category: BusinessFinance

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 09:31:49 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 660 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25874289

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Official Website: business-standard.com

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News Last Updated: 2 hours ago

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Publisher ID: #49

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