tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sun Pharma to Invest INR 3,000 Crores in New Manufacturing Facility

Story Highlights
Sun Pharma to Invest INR 3,000 Crores in New Manufacturing Facility

TipRanks Cyber Monday Sale

Sun Pharmaceutical Industries Limited ( (IN:SUNPHARMA) ) just unveiled an announcement.

Sun Pharmaceutical Industries Limited announced that its wholly-owned subsidiary, Sun Pharma Laboratories Limited, has approved a significant investment of INR 3,000 crores to establish a new greenfield formulations manufacturing facility in Madhya Pradesh. This strategic move is expected to enhance the company’s manufacturing capabilities and strengthen its position in the pharmaceutical industry, potentially impacting stakeholders by expanding production capacity and creating new opportunities in the market.

More about Sun Pharmaceutical Industries Limited

Sun Pharmaceutical Industries Limited operates in the pharmaceutical industry, focusing on the development, manufacturing, and marketing of pharmaceutical formulations and active pharmaceutical ingredients. The company is a leading player in the global pharmaceutical market, with a strong emphasis on innovation and quality.

Average Trading Volume: 88,047

Technical Sentiment Signal: Strong Buy

Current Market Cap: 4337.5B INR

Find detailed analytics on SUNPHARMA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1