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The Latest Breaking News from Reddy

Dr Reddy’s shares crack 9% after weak Q1; these 3 brokerages slash their target prices

Dr Reddy’s shares plunged 9% on Thursday after the drugmaker reported a weak Q1 FY27 performance, with net profit tumbling 69% year-on-year to Rs 443 crore and revenue declining 6% to Rs 8,071 crore. Earnings were hit by a Rs 240 crore semaglutide API-related impact, including inventory provisions, while higher…

The Economic Times

Stocks in news: DMart, HCL Tech, ICICI Pru AMC, Dr Reddy’s, NTPC, IndiGo

Markets saw a strong rebound on Friday, driven by global cues and IT earnings. HCL Tech and ICICI Pru AMC will announce their first quarter results today. DMart reported an 11.3% rise in net profit, while Tata Motors launched a new edition. Dr Reddy's faces supply issues, and IndiGo received…

The Economic Times

Dr Reddy's shares slide 7% after delay in semaglutide supplies over quality concerns

Dr Reddy's shares fell sharply on Thursday after the company delayed commercial supplies of its semaglutide product due to a quality issue involving the active pharmaceutical ingredient (API). The company said patient safety and regulatory filings remain unaffected, while an investigation is underway to identify the root cause and restore…

The Economic Times

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Dr Reddy's flags quality issue in semaglutide batches, delays commercial supplies

Dr Reddy's Laboratories has announced a setback in the distribution of their semaglutide products attributed to out-of-specification batches associated with an active ingredient concern. The firm is actively investigating to identify the source of the problem and is implementing corrective strategies.

The Economic Times

India's pharmaceutical sector is pivoting beyond generics, with companies aggressively pursuing growth in biosimilars, nutraceuticals, and consumer healthcare. While US FDA approvals for complex generics remain a challenge, innovation and contract manufacturing offer significant future profit pools. Experts anticipate biosimilars could generate substantial revenue, and despite a slow start, GLP-1…

The Economic Times

Stocks in news: Dr Reddy’s, Adani Green, KIMS, JSW Energy, Nestle India

Markets saw a strong rebound on Friday, driven by positive global cues and easing geopolitical tensions. Nifty defended the 23,000 support and reclaimed 23,500, with potential for further gains. Several stocks like Dr Reddy's, Adani Green, and JSW Energy are in focus due to significant corporate developments.

The Economic Times

Dr Reddy's launches oral semaglutide biosimilar Obeda in India

Dr. Reddy's Laboratories proudly presents Obeda, a groundbreaking oral semaglutide biosimilar for managing Type 2 diabetes in India. This innovative treatment offers patients the ease of a once-daily oral dosage, available in various strengths to effectively enhance glycaemic control. Dr.

The Economic Times

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Stocks in news: Vodafone Idea, Indian Oil, Tata Steel, Dr Reddy's, PFC

Markets closed lower amid geopolitical tensions, rupee weakness, and rising inflation. Upcoming week will be sensitive to US-Iran conflict implications for oil and inflation. Vodafone Idea reported a Rs 51,970 crore net profit due to an accounting gain, while Tata Steel and Hindustan Copper saw significant profit growth in Q4FY26.

The Economic Times

Dr. Reddy's Strategic Vision Reiterated Following Strong Q1FY25 Results

Dr. Reddy's reported consolidated revenues of ₹7,673 crores (US$ 921 million) for Q1FY25, marking a 14% year-on-year increase and a 8% sequential growth.

International Business Times

Dr. Reddy’s recalls Sapropterin Dihydrochloride oral solution powder in U.S. due to ‘sub potency’

Dr. Reddy's Laboratories recalls Sapropterin Dihydrochloride Powder due to discoloration, potential health risks, urges consumers to contact physician.

The Hindu

Here are the big stories from Karnataka today

Karnataka Today newsletter: Sowmya Reddy confident of breaking BJP fortress in Bengaluru South, and more

The Hindu

BRS wants Congress government to last its full term, die a natural death: KTR

BRS working president K.T. Rama Rao highlights party's achievements and criticizes Congress government in Nalgonda election meeting.

The Hindu

Asad offers full support to Revanth govt.

The Hindu

Congress supports highway blockade on TSPSC paper leak issue

Telangana Congress president Revanth Reddy calls on youth, unemployed to join Oct. 16 highway blockade against govt's failure to conduct TSPSC exams.

The Hindu

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The Hindu

JEE results: Six Telugus in top-10 list; topper Chidvilas Reddy from Telangana

Scoring 341 out of 360 marks, Hyderabd zone's Vavilala Chidvilas Reddy topped the IIT entrance exam JEE-Advanced this year

The Hindu

BBMP contractors slam government’s decision to freeze bill payments

The State government’s decision to freeze payments of bills for all ongoing and completed works of various departments has now infuriated Bruhat Bengaluru Mahanagara Palike (BBMP) contractors whose payments have been pending since 2021.

The Hindu

Supreme Court sets aside HC stay on inquiry into Amaravati land scam

In a legal victory for the Jagan Mohan Reddy Government, the Supreme Court on May 3 set aside an Andhra Pradesh High Court order issuing a “blanket stay” on an inquiry into the Amaravati land scam and the alleged role of the previous Telugu Desam Party regime.

The Hindu

TTD EO reviews summer arrangements

On the supply of food and water to those in darshan queues, TTD Executive Officer A.V. Dharma Reddy directed the public relations officer to rope in more Srivari seva volunteers at annadanam and laddu counters.

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The Hindu

World Economic Forum recognition for Dr. Reddy’s plant

Facility in Bachupally, Hyderabad, now part of Global Lighthouse Network

The Times of India

Mumbai: Powai police once again save money lost in online fraud

MUMBAI: Timely action initiated by the Powai police cyber cell helped 23-year-old Vani Sachdeva get back Rs 46,028 fraudulently siphoned from her bank account after the fraudster had made her download ‘Team Viewer/Quick Support’ on July 30. She received the full amount on Thursday, after the police made the bank…

Benzinga

Eton Pharma Shares Tick Higher After Offloading Hospital Products

Eton Pharmaceuticals Inc (NASDAQ:ETON) has sold its hospital products to Dr. Reddy's Laboratories SA, a subsidiary of Dr. Reddy's Laboratories Ltd (NYSE:RDY), for $50 million. "The sale of our hospital products allows us to focus our resources on our core rare disease business, which is rapidly growing, and also provides an attractive opportunity to monetize…

The Hindu

Nalgonda MP slams Telangana government for ‘intimidating’ sarpanches

The Congress MP alleged that the TRS government is frustrated over the failure of the ongoing 5th phase of the 'Palle Pragathi' programme

The Times of India

Markets rebound: Sensex jumps 1,534 points, Nifty settles at 16,266

NEW DELHI: Equity indices rebounded sharply on Friday amid broad-based buying across all sectors, a day after crashing to nearly 2 month low.

The Hindu

Revanth vs anti-Revanth clash likely at meeting with Rahul Gandhi

PAC members among Cong. leaders invited for meeting today at 4 p.m.

Benzinga

Dr. Reddy's Laboratories & MediCane Health To Launch Medical Cannabis Products In Germany

Dr. Reddy's Laboratories Ltd. (NYSE: RDY) and MediCane Health Inc. announced the launch of its medical cannabis product in Germany.

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