Latest ANDA News & Updates

Alembic Pharmaceuticals Shares Drop Over 9% on Lower Earnings

By

Mumbai, May 18 (IANS) Shares of Alembic Pharmaceuticals Limited fell more than 9 per cent on Monday after the Gujarat-based drugmaker reported lower-than-expected earnings for the March 2026 quarter, with pressure on operating margins weighing on investor sentiment.The stock declined as much as 9 per cent to hit an intra-day low of Rs 710.70 on the National Stock Exchange of India (NSE).At the closing bell, the shares were down by 7.42 per cent or Rs 58.20 at Rs 725.90. On a year-to-date basis, …