US speciality biz, India rebound help Sun Pharma shine in Q2

US speciality biz, India rebound help Sun Pharma shine in Q2

The management intends to ramp up the speciality business to a reasonable scale before allocating investments in new areas. Synopsis India business, contributing a third of the company’s consolidated revenues, grew on the back of a recovery in non-Covid drug therapies leading to gains for the industry leader. The market is gradually moving back to … Read more

Maruti’s premium valuation hinges on margin recovery

Maruti’s premium valuation hinges on margin recovery

ET Intelligence Group: Objects in the rear-view mirror are closer than they appear. This standard disclaimer might help explain why Suzuki, which sells one of every two cars running on Indian roads, has struggled lately to stay ahead of galloping input-cost inflation. Margins slumped to a multi-year low in the September quarter at the maker … Read more