Stocks to watch, July 15: HCLTech, DMart, RVNL, IREDA, Zomato, Lupin

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Stocks to watch, July 15: HCLTech, DMart, RVNL, IREDA, Zomato, Lupin - Business Standard

Quick Summary:

Suven Pharma: Suven Pharmaceuticals received a Form 483 with two procedural observations following a US FDA inspection of Casper Pharma in Hyderabad and acquired a 51 per cent stake in Sapala Organics.

The Ebit margin slipped from 17.6 per cent to 17.1 per cent.Dollar revenue fell 1.9 per cent, and constant currency revenue decreased 1.6 per cent.

The company forecasts a 3-5 per cent year-on-year revenue growth in constant currency for FY25 and expects an Ebit margin of 18-19 per cent.