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IOLCP
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Recent events
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News
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Corporate Actions
India's IOL Chemicals gains on European export certification
** Shares of IOL Chemicals IOLC.NS rise 5% to 343.7 rupees
** Co receives certificate of suitability for its API product quetiapine fumarate from the European Directorate for Quality of Medicines and Health Care
** This allows co to export the product to European and other countries that accept the certification, co says
** More than 352,000 shares change hands, 1.8x its 30-day avg
** Stock up about 8% so far this week
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of IOL Chemicals IOLC.NS rise 5% to 343.7 rupees
** Co receives certificate of suitability for its API product quetiapine fumarate from the European Directorate for Quality of Medicines and Health Care
** This allows co to export the product to European and other countries that accept the certification, co says
** More than 352,000 shares change hands, 1.8x its 30-day avg
** Stock up about 8% so far this week
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
India's IOL Chemicals gains on Europe regulator nod for bowel treatment drug
** IOL Chemicals IOLC.NS rises ~3% to 401.25 rupees
** Pharma and chemical products maker gets European drug regulator's certificate of suitability for a drug used to treat inflammatory bowel disease
** IOLC now will be able to export the drug, Mesalazine, to European countries
** Global market size for Mesalazine drug has been estimated to be worth ~$162 million in 2023 and projected to be $224 million by 2030 - pharma market research firm QY Research
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** IOL Chemicals IOLC.NS rises ~3% to 401.25 rupees
** Pharma and chemical products maker gets European drug regulator's certificate of suitability for a drug used to treat inflammatory bowel disease
** IOLC now will be able to export the drug, Mesalazine, to European countries
** Global market size for Mesalazine drug has been estimated to be worth ~$162 million in 2023 and projected to be $224 million by 2030 - pharma market research firm QY Research
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
IOL Chemicals And Pharmaceuticals Says EDQM Issued Cep Certificate For Mesalazine
Jan 17 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
EDQM ISSUED CEP CERTIFICATE FOR MESALAZINE
Further company coverage: IOLC.NS
(([email protected];;))
Jan 17 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
EDQM ISSUED CEP CERTIFICATE FOR MESALAZINE
Further company coverage: IOLC.NS
(([email protected];;))
India's IOL Chemicals gains on share split approval
** Shares of IOL Chemicals IOLC.NS up 4.3% at 426 rupees
** Co on Friday approved share split in 1:5 ratio
** Stock down 7.6% YTD
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Shares of IOL Chemicals IOLC.NS up 4.3% at 426 rupees
** Co on Friday approved share split in 1:5 ratio
** Stock down 7.6% YTD
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
Iol Chemicals And Pharmaceuticals Approves Share Split 1:5
Dec 27 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS LTD - APPROVES SHARE SPLIT 1:5
Source text: ID:nBSE1LnHzX
Further company coverage: IOLC.NS
(([email protected];))
Dec 27 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS LTD - APPROVES SHARE SPLIT 1:5
Source text: ID:nBSE1LnHzX
Further company coverage: IOLC.NS
(([email protected];))
India's IOL Chemicals rises after share split plan
** Shares of IOL Chemicals and Pharmaceuticals Ltd IOLC.NS rise as much as 7.6% to 436.7 rupees
** Chemical products maker says it will consider sub-division of shares in board meeting on Dec. 27
** Stock on track to gain for 4th straight week, up 3.6% so far this week
** More than 1.9 mln shares traded as of 10:48 a.m. IST, 6.6x their 30-day moving avg
** IOLC last up 6%, trimming YTD losses to 7.1%
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of IOL Chemicals and Pharmaceuticals Ltd IOLC.NS rise as much as 7.6% to 436.7 rupees
** Chemical products maker says it will consider sub-division of shares in board meeting on Dec. 27
** Stock on track to gain for 4th straight week, up 3.6% so far this week
** More than 1.9 mln shares traded as of 10:48 a.m. IST, 6.6x their 30-day moving avg
** IOLC last up 6%, trimming YTD losses to 7.1%
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
IOL Chemicals And Pharmaceuticals To Consider Share Split
Dec 18 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
TO CONSIDER SHARE SPLIT
Source text: ID:nBSE8X4YGh
Further company coverage: IOLC.NS
(([email protected];;))
Dec 18 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
TO CONSIDER SHARE SPLIT
Source text: ID:nBSE8X4YGh
Further company coverage: IOLC.NS
(([email protected];;))
Iol Chemicals And Pharmaceuticals Says Vikas Vij Tendered Resignation As CEO
Sept 18 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS - VIKAS VIJ TENDERED RESIGNATION AS CEO
Source text for Eikon: ID:nBSE7DR5qV
Further company coverage: IOLC.NS
(([email protected];))
Sept 18 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS - VIKAS VIJ TENDERED RESIGNATION AS CEO
Source text for Eikon: ID:nBSE7DR5qV
Further company coverage: IOLC.NS
(([email protected];))
IOL Chemicals And Pharmaceuticals June-Quarter Consol Profit 299.7 Million Rupees
Aug 9 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS JUNE-QUARTER CONSOL PROFIT 299.7 MILLION RUPEES
IOL CHEMICALS AND PHARMACEUTICALS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.02 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: IOLC.NS
(([email protected];))
Aug 9 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS JUNE-QUARTER CONSOL PROFIT 299.7 MILLION RUPEES
IOL CHEMICALS AND PHARMACEUTICALS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.02 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: IOLC.NS
(([email protected];))
India's IOL Chemicals gains on hopes of exporting BP drug to Europe
** Shares of IOL Chemicals and Pharmaceuticals IOLC.NS rise 4.2% to 413.64 rupees apiece
** IOLC on course to snap a six-session losing streak
** The company gets certificate of suitability from European Directorate for the Quality of Medicines & Healthcare (EDQM) for its blood pressure drug Valsartan
** Certification to help IOLC to export Valsartan in European and other CEP accepting countries
** Shares of IOLC down 11% in 2024 so far
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of IOL Chemicals and Pharmaceuticals IOLC.NS rise 4.2% to 413.64 rupees apiece
** IOLC on course to snap a six-session losing streak
** The company gets certificate of suitability from European Directorate for the Quality of Medicines & Healthcare (EDQM) for its blood pressure drug Valsartan
** Certification to help IOLC to export Valsartan in European and other CEP accepting countries
** Shares of IOLC down 11% in 2024 so far
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
IOL Chemicals And Pharmaceuticals Says EDQM Issued Certificate Of Suitability For “Valsartan”
July 23 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
EDQM ISSUED CERTIFICATE OF SUITABILITY FOR “VALSARTAN”
Source text for Eikon: ID:nNSE39pWq5
Further company coverage: IOLC.NS
(([email protected];;))
July 23 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
EDQM ISSUED CERTIFICATE OF SUITABILITY FOR “VALSARTAN”
Source text for Eikon: ID:nNSE39pWq5
Further company coverage: IOLC.NS
(([email protected];;))
India's IOL Chemicals and Pharma up on approval to export cholesterol drug to China
** Shares of India's IOL Chemicals and Pharmaceuticals IOLC.NS up 7.7% at 441 rupees after rising as much as 9.7% in early trade
** Co gets nod from Chinese drug regulator to export cholesterol drug Fenofibrate to the country
** Trading vols 5.4x 30-day avg in early trade
** YTD, stock has fallen ~5%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's IOL Chemicals and Pharmaceuticals IOLC.NS up 7.7% at 441 rupees after rising as much as 9.7% in early trade
** Co gets nod from Chinese drug regulator to export cholesterol drug Fenofibrate to the country
** Trading vols 5.4x 30-day avg in early trade
** YTD, stock has fallen ~5%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
IOL Chemicals And Pharmaceuticals Says NMPA China Approves Fenofibrate Manufactured By Co
July 1 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS - NMPA CHINA APPROVES FENOFIBRATE MANUFACTURED BY CO
IOL CHEMICALS AND PHARMACEUTICALS - APPROVAL TO ENABLE CO TO EXPORT FENOFIBRATE API IN CHINA MARKET
Source text for Eikon: ID:nNSEb5DQwz
Further company coverage: IOLC.NS
(([email protected];))
July 1 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS - NMPA CHINA APPROVES FENOFIBRATE MANUFACTURED BY CO
IOL CHEMICALS AND PHARMACEUTICALS - APPROVAL TO ENABLE CO TO EXPORT FENOFIBRATE API IN CHINA MARKET
Source text for Eikon: ID:nNSEb5DQwz
Further company coverage: IOLC.NS
(([email protected];))
India's IOL Chemicals and Pharma up after getting drug export nods
** Shares of India's IOL Chemicals and Pharmaceuticals IOLC.NS up 4.2% after jumping as much as 6.3% earlier in the session
** Pharmaceuticals and chemicals maker gets nods from European Directorate for the Quality of Medicines & Health Care (EDQM) to export two drugs
Drug name | Used to treat |
Uric acid, gout and joint pain | |
Heartburn, gastro-oesophageal reflux disease |
** Trading vols 7.6x 30-day avg in busiest session since March 19
** YTD stock has fallen ~15% after climbing 24% in 2023
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's IOL Chemicals and Pharmaceuticals IOLC.NS up 4.2% after jumping as much as 6.3% earlier in the session
** Pharmaceuticals and chemicals maker gets nods from European Directorate for the Quality of Medicines & Health Care (EDQM) to export two drugs
Drug name | Used to treat |
Uric acid, gout and joint pain | |
Heartburn, gastro-oesophageal reflux disease |
** Trading vols 7.6x 30-day avg in busiest session since March 19
** YTD stock has fallen ~15% after climbing 24% in 2023
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
IOL Chemicals And Pharmaceuticals Says EDQM Issued Cep Certificate For “Allopurinol”
June 11 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
EDQM ISSUED CEP CERTIFICATE FOR “ALLOPURINOL”
Source text for Eikon: ID:nNSE8llTVf
Further company coverage: IOLC.NS
(([email protected];;))
June 11 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
EDQM ISSUED CEP CERTIFICATE FOR “ALLOPURINOL”
Source text for Eikon: ID:nNSE8llTVf
Further company coverage: IOLC.NS
(([email protected];;))
India's IOL Chemicals falls after Q4 profit drop
** Shares of IOL Chemicals and Pharmaceuticals IOLC.NS down 2.4% at 367.70 rupees; it fell as much as 4.2% earlier in the session
** Active pharmaceutical ingredient and speciality chemicals maker on Tuesday reported 56.8% Y/Y fall in Q4 profit while rev from ops fell 14.2% Y/Y
** Co's segmental revenue from chemical and pharmaceutical businesses fell 9.7% and 19.7%, respectively
** Last week, larger peer by market capitalisation SRF SRFL.NS too posted a near 25% fall in Q4 profit
** Trading vol 2.2x 30-day daily avg
** IOLC shares fell 22% in March quarter vs 3.3% rise by SRFL shares
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of IOL Chemicals and Pharmaceuticals IOLC.NS down 2.4% at 367.70 rupees; it fell as much as 4.2% earlier in the session
** Active pharmaceutical ingredient and speciality chemicals maker on Tuesday reported 56.8% Y/Y fall in Q4 profit while rev from ops fell 14.2% Y/Y
** Co's segmental revenue from chemical and pharmaceutical businesses fell 9.7% and 19.7%, respectively
** Last week, larger peer by market capitalisation SRF SRFL.NS too posted a near 25% fall in Q4 profit
** Trading vol 2.2x 30-day daily avg
** IOLC shares fell 22% in March quarter vs 3.3% rise by SRFL shares
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Iol Chemicals And Pharmaceuticals March-Quarter Profit 281.9 Million Rupees
May 14 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS MARCH-QUARTER PROFIT 281.9 MILLION RUPEES VERSUS 652.7 MILLION RUPEES
IOL CHEMICALS AND PHARMACEUTICALS MARCH-QUARTER REVENUE FROM OPERATIONS 5.04 BILLION RUPEES VERSUS 5.87 BILLION RUPEES
Source text for Eikon: ID:nNSE7yR5B6
Further company coverage: IOLC.NS
(([email protected];))
May 14 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS MARCH-QUARTER PROFIT 281.9 MILLION RUPEES VERSUS 652.7 MILLION RUPEES
IOL CHEMICALS AND PHARMACEUTICALS MARCH-QUARTER REVENUE FROM OPERATIONS 5.04 BILLION RUPEES VERSUS 5.87 BILLION RUPEES
Source text for Eikon: ID:nNSE7yR5B6
Further company coverage: IOLC.NS
(([email protected];))
IOL Chemicals And Pharmaceuticals Received Certificate Of Good Manufacturing Practices From Brazilian Health Regulatory Agency
May 3 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
RECEIVED CERTIFICATE OF GOOD MANUFACTURING PRACTICES FROM BRAZILIAN HEALTH REGULATORY AGENCY
RECEIVED CERTIFICATE FOR ALL 10 APIS MANUFACTURING UNITS SITUATED AT BARNALA
Source text for Eikon: ID:nBSE1C1TqH
Further company coverage: IOLC.NS
(([email protected];;))
May 3 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
RECEIVED CERTIFICATE OF GOOD MANUFACTURING PRACTICES FROM BRAZILIAN HEALTH REGULATORY AGENCY
RECEIVED CERTIFICATE FOR ALL 10 APIS MANUFACTURING UNITS SITUATED AT BARNALA
Source text for Eikon: ID:nBSE1C1TqH
Further company coverage: IOLC.NS
(([email protected];;))
IOL Chemicals And Pharmaceuticals Says EDQM Issued A Certificate Of Suitability For Gabapentin
April 4 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS LTD- EDQM ISSUED A CERTIFICATE OF SUITABILITY FOR GABAPENTIN
Source text for Eikon: ID:nBSE3zs2tj
Further company coverage: IOLC.NS
(([email protected];;))
April 4 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS LTD- EDQM ISSUED A CERTIFICATE OF SUITABILITY FOR GABAPENTIN
Source text for Eikon: ID:nBSE3zs2tj
Further company coverage: IOLC.NS
(([email protected];;))
India's IOL Chemicals and Pharmaceuticals rises over 13%
** Shares of IOL Chemicals and Pharmaceuticals IOLC.NS rise as much as 13.3% to 410 rupees
** Co says has completed Brazilian Health Regulatory Agency's manufacturing practices audit without any observation at all API manufacturing units at Barnala, Punjab
** More than 3.2 mln shares traded as of 10:08 a.m. IST, most active day yet since Sept. 14, 2023
** IOLC is off ~0.2% so far this month; down 12.3% YTD
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of IOL Chemicals and Pharmaceuticals IOLC.NS rise as much as 13.3% to 410 rupees
** Co says has completed Brazilian Health Regulatory Agency's manufacturing practices audit without any observation at all API manufacturing units at Barnala, Punjab
** More than 3.2 mln shares traded as of 10:08 a.m. IST, most active day yet since Sept. 14, 2023
** IOLC is off ~0.2% so far this month; down 12.3% YTD
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Iol Chemicals And Pharmaceuticals Completes Brazilian Health Regulatory Agency Gmp Audit
March 18 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
COMPLETED BRAZILIAN HEALTH REGULATORY AGENCY (ANVISA) GMP AUDIT
COMPLETED ANVISA GMP AUDIT OF 10 APIS MANUFACTURING UNITS SITUATED AT BARNALA, PUNJAB
AUDIT COMPLETED WITHOUT ANY OBSERVATION
Source text for Eikon: ID:nBSE9lcv9b
Further company coverage: IOLC.NS
(([email protected];))
March 18 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
COMPLETED BRAZILIAN HEALTH REGULATORY AGENCY (ANVISA) GMP AUDIT
COMPLETED ANVISA GMP AUDIT OF 10 APIS MANUFACTURING UNITS SITUATED AT BARNALA, PUNJAB
AUDIT COMPLETED WITHOUT ANY OBSERVATION
Source text for Eikon: ID:nBSE9lcv9b
Further company coverage: IOLC.NS
(([email protected];))
IOL Chemicals And Pharmaceuticals Says CDE, China Approved Metformin Hydrochloride
Feb 19 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
CDE, CHINA APPROVED "METFORMIN HYDROCHLORIDE"
ENABLE COMPANY TO EXPORT METFORMIN HYDROCHLORIDE IN CHINA MARKET
Source text for Eikon: ID:nBSE5CqhZb
Further company coverage: IOLC.NS
(([email protected];))
Feb 19 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
CDE, CHINA APPROVED "METFORMIN HYDROCHLORIDE"
ENABLE COMPANY TO EXPORT METFORMIN HYDROCHLORIDE IN CHINA MARKET
Source text for Eikon: ID:nBSE5CqhZb
Further company coverage: IOLC.NS
(([email protected];))
IOL Chemicals And Pharmaceuticals Dec-Quarter Consol Profit Falls
Feb 6 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS DEC-QUARTER CONSOL PROFIT 230.8 MILLION RUPEES VERSUS PROFIT 237.8 MILLION RUPEES
IOL CHEMICALS AND PHARMACEUTICALS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.20 BILLION RUPEES VERSUS 5.23 BILLION RUPEES
IOL CHEMICALS AND PHARMACEUTICALS INTERIM DIVIDEND 5 RUPEES PER SHR
Source text for Eikon: ID:nBSE2X7nDR
Further company coverage: IOLC.NS
(([email protected];))
Feb 6 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS DEC-QUARTER CONSOL PROFIT 230.8 MILLION RUPEES VERSUS PROFIT 237.8 MILLION RUPEES
IOL CHEMICALS AND PHARMACEUTICALS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.20 BILLION RUPEES VERSUS 5.23 BILLION RUPEES
IOL CHEMICALS AND PHARMACEUTICALS INTERIM DIVIDEND 5 RUPEES PER SHR
Source text for Eikon: ID:nBSE2X7nDR
Further company coverage: IOLC.NS
(([email protected];))
IOL Chemicals And Pharmaceuticals Sept-Quarter Consol Profit Rises
Nov 8 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS SEPT-QUARTER CONSOL PROFIT 378.7 MILLION RUPEES VERSUS 159.1 MILLION RUPEES
IOL CHEMICALS AND PHARMACEUTICALS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.45 BILLION RUPEES VERSUS 5.41 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: IOLC.NS
(([email protected];))
Nov 8 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
IOL CHEMICALS AND PHARMACEUTICALS SEPT-QUARTER CONSOL PROFIT 378.7 MILLION RUPEES VERSUS 159.1 MILLION RUPEES
IOL CHEMICALS AND PHARMACEUTICALS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 5.45 BILLION RUPEES VERSUS 5.41 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: IOLC.NS
(([email protected];))
India's IOL Chemicals And Pharmaceuticals June-Qtr Consol Profit Rises
Aug 9 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
INDIA'S IOL CHEMICALS AND PHARMACEUTICALS JUNE-QUARTER CONSOL PROFIT 458.6 MILLION RUPEES VERSUS PROFIT 346.7 MILLION RUPEES
IOL CHEMICALS AND PHARMACEUTICALS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.63 BILLION RUPEES VERSUS 5.65 BILLION RUPEES
Source text for Eikon: ID:nBSEbcPpTY
Further company coverage: IOLC.NS
(([email protected];;))
Aug 9 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
INDIA'S IOL CHEMICALS AND PHARMACEUTICALS JUNE-QUARTER CONSOL PROFIT 458.6 MILLION RUPEES VERSUS PROFIT 346.7 MILLION RUPEES
IOL CHEMICALS AND PHARMACEUTICALS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 5.63 BILLION RUPEES VERSUS 5.65 BILLION RUPEES
Source text for Eikon: ID:nBSEbcPpTY
Further company coverage: IOLC.NS
(([email protected];;))
IOL Chemicals And Pharmaceuticals Commenced Its Plant For Acetic Anhydride With Effect From June 11
June 12 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
COMMENCED ITS PLANT FOR ACETIC ANHYDRIDE WITH EFFECT FROM JUNE 11
Source text for Eikon: ID:nBSE5HNjTY
Further company coverage: IOLC.NS
(([email protected];))
June 12 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
COMMENCED ITS PLANT FOR ACETIC ANHYDRIDE WITH EFFECT FROM JUNE 11
Source text for Eikon: ID:nBSE5HNjTY
Further company coverage: IOLC.NS
(([email protected];))
India's IOL Chemicals up after Antique Stock Broking raises target price
** IOL Chemicals and Pharmaceuticals Ltd IOLC.NS up nearly 3% at 404.50 rupees, set to snap a 3-day losing streak
** Brokerage Antique Stock Broking reiterates "buy" and raises PT to 510 rupees from 440 rupees after IOL's Q4 results
** Two weeks back, IOL reported 3% Q4 rev growth, driven by margin recovery in chemicals segment and favourable product mix
** Antique Stock Broking raises its Fy25 rev and EPS estimates by 4% and 16%, respectively, betting on pharma segment
** Expects pharma rev to grow at 18% CAGR over the next three years vs overall revenue CAGR of 9%
** Stock's gains helps it to swing to 1.5% growth for May, after a 41% surge in April, its best month since July 2020
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** IOL Chemicals and Pharmaceuticals Ltd IOLC.NS up nearly 3% at 404.50 rupees, set to snap a 3-day losing streak
** Brokerage Antique Stock Broking reiterates "buy" and raises PT to 510 rupees from 440 rupees after IOL's Q4 results
** Two weeks back, IOL reported 3% Q4 rev growth, driven by margin recovery in chemicals segment and favourable product mix
** Antique Stock Broking raises its Fy25 rev and EPS estimates by 4% and 16%, respectively, betting on pharma segment
** Expects pharma rev to grow at 18% CAGR over the next three years vs overall revenue CAGR of 9%
** Stock's gains helps it to swing to 1.5% growth for May, after a 41% surge in April, its best month since July 2020
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
IOL Chemicals And Pharmaceuticals Gets CEP For Paracetamol To Export In European Market
May 8 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
RECEIVES CEP FOR PARACETAMOL TO EXPORT IN EUROPEAN MARKET
Source text for Eikon: ID:nBSE3qBzDT
Further company coverage: IOLC.NS
(([email protected];;))
May 8 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
RECEIVES CEP FOR PARACETAMOL TO EXPORT IN EUROPEAN MARKET
Source text for Eikon: ID:nBSE3qBzDT
Further company coverage: IOLC.NS
(([email protected];;))
India's IOL Chemicals And Pharmaceuticals March-Quarter Profit Rises
April 28 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
MARCH-QUARTER PROFIT 652.7 MILLION RUPEES VERSUS 277.5 MILLION RUPEES
RE-APPOINTS VARINDER GUPTA AS MANAGING DIRECTOR
MARCH-QUARTER REVENUE FROM OPERATIONS 5.87 BILLION RUPEES VERSUS 5.72 BILLION RUPEES
Further company coverage: IOLC.NS
(([email protected];))
April 28 (Reuters) - IOL Chemicals and Pharmaceuticals Ltd IOLC.NS:
MARCH-QUARTER PROFIT 652.7 MILLION RUPEES VERSUS 277.5 MILLION RUPEES
RE-APPOINTS VARINDER GUPTA AS MANAGING DIRECTOR
MARCH-QUARTER REVENUE FROM OPERATIONS 5.87 BILLION RUPEES VERSUS 5.72 BILLION RUPEES
Further company coverage: IOLC.NS
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What does IOL Chem & Pharma do?
Established in 1986, IOL Chemicals & Pharmaceuticals is a leading generic pharmaceutical company in India, specializing in API's, bulk drugs, and specialty chemicals across various therapeutic categories for both domestic and international markets.
Who are the competitors of IOL Chem & Pharma?
IOL Chem & Pharma major competitors are Granules India, Laxmi Organic Inds., Bajaj Healthcare, SMS Pharmaceuticals, Hester Biosciences, Solara Active Pharma, Themis Medicare. Market Cap of IOL Chem & Pharma is ₹1,978 Crs. While the median market cap of its peers are ₹1,942 Crs.
Is IOL Chem & Pharma financially stable compared to its competitors?
IOL Chem & Pharma seems to be less financially stable compared to its competitors. Altman Z score of IOL Chem & Pharma is 4.15 and is ranked 4 out of its 8 competitors.
Does IOL Chem & Pharma pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. IOL Chem & Pharma latest dividend payout ratio is 21.84% and 3yr average dividend payout ratio is 17.57%
How has IOL Chem & Pharma allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Cash & Short Term Investments, Inventory
How strong is IOL Chem & Pharma balance sheet?
Balance sheet of IOL Chem & Pharma is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of IOL Chem & Pharma improving?
No, profit is decreasing. The profit of IOL Chem & Pharma is ₹97.27 Crs for TTM, ₹134 Crs for Mar 2024 and ₹139 Crs for Mar 2023.
Is the debt of IOL Chem & Pharma increasing or decreasing?
Yes, The debt of IOL Chem & Pharma is increasing. Latest debt of IOL Chem & Pharma is -₹22.46 Crs as of Sep-24. This is greater than Mar-24 when it was -₹252.14 Crs.
Is IOL Chem & Pharma stock expensive?
Yes, IOL Chem & Pharma is expensive. Latest PE of IOL Chem & Pharma is 20.34, while 3 year average PE is 13.99. Also latest EV/EBITDA of IOL Chem & Pharma is 10.34 while 3yr average is 9.53.
Has the share price of IOL Chem & Pharma grown faster than its competition?
IOL Chem & Pharma has given lower returns compared to its competitors. IOL Chem & Pharma has grown at ~-13.63% over the last 4yrs while peers have grown at a median rate of 9.23%
Is the promoter bullish about IOL Chem & Pharma?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in IOL Chem & Pharma is 52.62% and last quarter promoter holding is 52.62%.
Are mutual funds buying/selling IOL Chem & Pharma?
The mutual fund holding of IOL Chem & Pharma is stable. The current mutual fund holding in IOL Chem & Pharma is 0.02% while previous quarter holding is 0.02%.