Torrent Pharma Stock Up 4% After RS25,689-Crore Deal with JB Chemicals
Torrent Pharma Stock Up 4% After ₹25,689-Crore Deal with JB Chemicals
Torrent Pharmaceuticals has taken a major leap, acquiring a 46.39% stake in JB Chemicals at ₹1,600 per share in a mega ₹25,689-crore deal! This move strengthens Torrent’s presence in chronic therapies and the CDMO space, positioning it as India’s second-largest pharma company. 🌐💼
Investor excitement is visible — Torrent’s stock soared nearly 4%, while analysts predict long-term synergies and market dominance from this strategic acquisition. 🚀