By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Circuit-to-circuit pharma stock hits upper circuit; here’s why | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > Circuit-to-circuit pharma stock hits upper circuit; here’s why | Stock Market News
Business

Circuit-to-circuit pharma stock hits upper circuit; here’s why | Stock Market News

Last updated: September 11, 2025 11:55 am
7 months ago
Share
SHARE


Pharmaceutical company Shukra Pharmaceuticals share price rose as much as 2 per cent to ₹27.78 apiece in Thursday’s trading session after the company announced strategic PAN India distribution tie-up with Wockhardt Limited.

The pharma stock has rewarded its investors with significant gains. The scrip has delivered whopping 51 per cent returns in a month and mulitbagger returns by soaring 333 per cent in a year.

Shukra Pharmaceutical – Wockhardt partnership details

Shukra Pharmaceuticals announced on Wednesday that it has entered into a strategic, non-exclusive distribution partnership with Wockhardt Ltd. covering Pan-India.

According to an exchange filing, the agreement takes effect on September 9, 2025, and will remain valid until March 2026.

The arrangement covers advanced anti-infective formulations and antibiotics designed to treat severe infections. It also includes the distribution and management of these products across all ESIC/ESIS hospitals as well as Defence, AFMSD, and DGAFMS units nationwide, the filing added.

“This strategic distributorship from Wockhardt Limited, a respected name in global healthcare, marks a significant milestone in the growth journey of Shukra Pharmaceuticals Limited. This collaboration further strengthens Shukra Pharmaceuticals presence in institutional and government healthcare networks across India, enhancing revenue visibility and operational footprint,” the company said.

The company delivered strong performance in its latest earnings. For the quarter ended June 2025 (Q1 FY26), Shukra Pharmaceuticals posted revenue from operations of ₹5.39 crore, up 69.5 per cent year-on-year from ₹3.18 crore in Q1 FY25. Net profit climbed to ₹1.03 crore, reflecting a 110.2 per cent jump from ₹49 lakh in the corresponding quarter of the previous year.

Shukra Pharmaceuticals Limited is involved in the production and promotion of pharmaceutical products, along with providing laboratory testing services.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

You Might Also Like

Wall Street Week Ahead: Focus on inflation reports, crude oil, Federal Reserve minutes | Stock Market News

Access Denied

Access Denied

Access Denied

Access Denied

TAGGED:Indian stock marketmultibagger pharma stockMultibagger stockpharma stockShukra PharmaceuticalsShukra Pharmaceuticals share priceShukra Pharmaceuticals share price todayShukra Pharmaceuticals Wockhardt partnershipStock market today
Share This Article
Facebook Twitter Email Print
Previous Article ACME Solar share price jumps over 5% as arm secures ₹3,892 funding from SBI for FDRE project | Stock Market News
Next Article LIC-owned NBFC stock under ₹50 jumps 5% after promoter’s stake raise, ₹50 crore fundraise | Stock Market News

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS