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Equity

Zydus Lifesciences Limited

NSE: ZYDUSLIFE | Information Technology

โ‚น1111.5
+0.63% Today

Market Fundamentals

Market Cap
โ‚น110,873 Cr
P/E Ratio
N/A
Dividend Yield
0.00%
52W High
โ‚นN/A

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Economic Times Marketsโ€ข2026-08-12

Zydus Lifesciences shares drop 3% after Q1 earnings. Here's why Nuvama upgraded rating, hiked target

Shares of Zydus Lifesciences saw a decline of more than two percent following the announcement of a notable profit drop. The net profit plunged thirty-six percent year-on-year for the first quarter, despite a nearly twenty-two percent increase in operational revenue. Expenses surged by over forty-one percent. However, the managing director remains optimistic about future prospects. Analysts at Nuvama have upgraded the stock to 'Buy', setting a higher price target.

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