Brokerages give thumbs up to Aurobindo's investment plans
Tue, May 30, 2023 9:35 AM

Brokerages give thumbs up to Aurobindo's investment plans

A Flip by Gaurav
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Pharmaceutical major Aurobindo Pharma reported better-than-expected earnings for Q4FY23. Moreover, the company also has strong investment plans in place, having invested Rs 190 crore in the biosimilar segment so far. The management also updated that the drugmaker's ambitious Rs 2,000 crore Penicillin G (Pen G) plant in Andhra Pradesh was also on the path of commissioning in FY25.

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