Indoco Remedies zooms 5% after USFDA approval for anti-smoking drug

Quick Summary:

Indoco Remedies share price surged 5.42 per cent at Rs 317.

Its shares are trading at a price to earnings multiple of 26.30 times and at an earning per share of Rs 11.46.

In March 2023, IQVIA MAT reported that the yearly sales for Varenicline Tablets were $501 million in the US.

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Category: BusinessFinance

Markets: India

Topics: Sensex Stock market Indoco remedies share price Indoco remedies share price Indoco remedies shares Indoco remedies news Buzzing stocks Indoco remedies share price today Indoco remedies

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 12:03:04 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 366 words

Reading Time: 3 minutes read

Sentences: 17 lines

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Copyright Owner: © Business Standard

News ID: 23335549

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