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The company's outlook remains positive due to growth drivers such as increased traction from global innovators, a healthy pipeline of RFPs, expansion of scientific and technological capabilities, and steady growth in the nutraceutical business. Management highlighted persistent pricing pressures in generics and higher cost escalation compared to custom synthesis, weighing on margins. Regulatory delays of 12-24 months for peptides, contrast media, and Kakinada approvals restricted near term revenue conversion. Divi's also faces the risk of losing business related to...
Asian markets are trading mostly higher, mirroring Wall Street's positive close. Japan's Nikkei hit a record high, extending gains for the second consecutive session after the country's Prime Minister Shigeru Ishiba announced his resignation. Nikkei and Hang Seng are trading higher by 0.46% an..