Sun Pharmaceutical Industries announced that it launched Kapspargo Sprinkle (metoprolol succinate) extended release capsules in the US, for the treatment of hypertension (to lower blood pressure), angina pectoris (chest pain), and heart failure (to reduce the risk of cardiovascular mortality and heart-failure hospitalization in patients with heart failure). The announcement was made after market hours yesterday, 6 August 2018.
On a consolidated basis, Adani Ports And Special Economic Zone’s net profit fell 9.14% to Rs 697.40 crore on 12.17% decline in net sales to Rs 2411.03 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 6 August 2018.
Sagar Cements said that its consolidated cement sales rose 13.40% to 219,748 MTs in July 2018 over July 2017. Consolidated cement production/purchase rose 4.87% to 230,193 MTs in July 2018 over July 2017. The announcement was made after market hours yesterday, 6 August 2018.
Unichem Laboratories announced that its API (Active Pharmaceutical Ingredient)manufacturing facility at Roha, Maharashtra was inspected by US Food and Drug Administration (USFDA) from 30 July 2018 to 3 August 2018. Four observations were made, which do not impact continuity of the company’s business and its manufacturing activity. The company proposes to respond to these observations within 15 business days. The Roha facility manufactures API for use in the production of formulations that are exported to the USA. The announcement was made after market hours yesterday, 6 August 2018.
Kridhan Infra (KIL) announced that its associate company, Vijay Nirman Company, has been awarded a new project worth Rs 132.6 crore. The award has been granted for the main civil works for a fertilizer plant in Gorakhpur, Uttar Pradesh and the timeframe for the completion of the project is approximately 14 months. The announcement was made after market hours yesterday, 6 August 2018.