Moneycontrol Pro Ideas For Profit: Here’s why Cadila Healthcare is in focus-March 2024-www.financetom.com

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Moneycontrol Pro Ideas For Profit: Here’s why Cadila Healthcare is in focus

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Moneycontrol Pro Ideas For Profit: Here’s why Cadila Healthcare is in focus

Apr 16, 2021 3:46 AM

Cadila Healthcare is a pertinent script to track given a sharp spike in the second wave. In the first wave, it gained attention as being keen manufacturers of hydroxychloroquine. It has seen as a key supplier for COVID protocol drug Remdesivir which is in an acute shortage.

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The company has already ramped up production from the earlier 5 lakh vials a month to about 10 lakh vials a month and plans to take it 20 vials a month.

It has shown promising results in Phase III trials and regulators’ approval is awaited.

In the special segment ‘Moneycontrol Pro Ideas For Profit’, moneycontrol.com’s Anubhav Sahu gets more details on the stock’s performance.

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: The views and investment tips expressed by investment experts are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

(Edited by : Priyanka Rathi)

First Published:Apr 16, 2021 12:46 PM IST

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