Granules India’s stock shows a slight recovery despite reporting lower profits in the June quarter. Investors are positive about the company’s product pipeline and business stabilisation. The company anticipates better growth in FY27. Approvals for six products in Europe are awaited. Granules focuses on CNS, ADHD, and oncology products. The Gagillapur facility remediation is progressing well with US FDA.
Axis Bank shares rise 2% as lender set to invest Rs 1,500 crore into NBFC arm Axis Finance
Axis Bank shares gained after the lender approved a Rs 1,500 crore capital infusion into its NBFC arm, Axis Finance. The move follows a pause