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Syncom Formulations Acquires Strategic Commercial Property in Mumbai

Story Highlights
  • Syncom Formulations acquired a commercial property in Mumbai for ₹51.7 crore.
  • The acquisition is expected to enhance Syncom’s operational capabilities and market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Syncom Formulations Acquires Strategic Commercial Property in Mumbai

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An announcement from Syncom Formulation (India) Ltd. ( (IN:SYNCOMF) ) is now available.

Syncom Formulations (India) Limited has announced the successful acquisition of a commercial property, specifically the entire 3rd Floor of Trade Star on Andheri-Kurla Road, Mumbai, for a total consideration of ₹51.7 crore. This strategic acquisition, accepted by HDFC Bank Ltd., is expected to enhance the company’s operational capabilities and strengthen its market position.

More about Syncom Formulation (India) Ltd.

Syncom Formulations (India) Limited operates in the pharmaceutical industry, focusing on the production and distribution of a wide range of pharmaceutical products. The company is known for its commitment to quality and innovation in the healthcare sector.

Average Trading Volume: 202,555

Technical Sentiment Signal: Sell

Current Market Cap: 14.91B INR

For detailed information about SYNCOMF stock, go to TipRanks’ Stock Analysis page.

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