Chambal Fertilisers Share Price Hits 52-Week High; Up Over 17% on YTD Basis

Chambal Fertilisers & Chemicals Limited (CFCL), established in 1985 by Zuari Industries Limited, is a key player in India’s fertiliser industry. The company operates three urea manufacturing units in Gadepan (Kota, Rajasthan), with a total installed capacity of around 3 million metric tonnes per annum (MMTPA). These units use natural gas as feedstock, supplied through the Hazira-Vijaypur-Jagdishpur (HVJ) gas pipeline by GAIL.

Beyond urea production, CFCL engages in trading various agricultural inputs, including complex fertilisers (DAP, MOP, SSP), pesticides, and seeds. In 2013, the company further expanded its portfolio by commissioning an SSP plant at Gadepan with a capacity of 0.2 MMTPA.

Share Price Performance

On March 6, 2025, Chambal Fertilisers & Chemicals share price reached a fresh 52-week high of ₹588.80 on the NSE. As of 11:40 AM, the stock was trading up by 1.51%.

Year-to-Date (YTD) Performance: The stock has gained 17.4% so far in 2025.

Financial Performance in Q3FY25

Chambal Fertilisers demonstrated steady growth in its financials during the quarter ended December 31, 2024.

During the quarter ended December 31, 2024, on a standalone basis, the Company has achieved an EBITDA of ₹843 crore, as against ₹724 crore last year. This is a growth of about 16% YoY. A profit after tax of 505 crore, as against ₹404 crore last year, which is also a growth of 25%. 

For the 9 months, the Company achieved an EBITDA of ₹2,619 crore as against ₹2,199 crore last year, which is a growth of about 19%. And a PAT of ₹1,557 crore, as against 1,245 crore, showing a growth of 25% year-on-year. 

At the consolidated levels, also the Company has performed well during the quarter, registering a PAT of Rs. 534 crore, as against ₹459 crore last year, which is a growth of 16%. For the nine months, PAT reported ₹1,519 crore, as against ₹1,179 crore last year, which is showing a growth of 29%.

Operational Highlights

Chambal Fertilisers’ production and sales figures remained strong in Q3FY25:

  • Urea Production: 9.18 lakh metric tonnes, in line with last year’s 9.19 lakh metric tonnes.
  • Urea Sales: 9.88 lakh metric tonnes, up from 8.92 lakh metric tonnes in Q3FY24.
  • Timely Subsidy Receipts: The company received ₹3,350 crore in subsidies during the quarter, ensuring smooth cash flow and operational efficiency.

Conclusion

Chambal Fertilisers’ robust financial performance, optimal capacity utilisation, and strong market presence have contributed to its rising share price. With steady growth in profitability and timely subsidy inflows, the company remains a significant player in India’s fertiliser sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

RBI’s ₹1 Lakh Crore OMO and $10 Billion Forex Swap: A Move to Address Liquidity Challenges

The Reserve Bank of India (RBI) has announced liquidity-enhancing measures, including open market operations (OMOs) worth ₹1 lakh crore and a USD/INR buy/sell swap auction of $10 billion. These initiatives aim to stabilise liquidity in the banking system amid fiscal year-end pressures and increasing credit demand.

Breakdown of the OMO and Forex Swap Measures

To address the liquidity crunch, the RBI has scheduled 2 tranches of OMO purchase auctions, each worth ₹50,000 crore, on March 12 and March 18. Additionally, a $10 billion USD/INR buy/sell swap auction for a 36-month tenor will be conducted on March 24.

The RBI reiterated its commitment to closely monitoring liquidity and market conditions, adjusting its approach as necessary to ensure financial stability.

Why Is Liquidity Under Pressure?

The liquidity deficit in the banking system has significantly fluctuated in recent months:

  • December 2024: ₹65,000 crore deficit
  • January 2025: Widened to ₹2.07 lakh crore
  • February 2025: Improved slightly to ₹1.59 lakh crore

Despite this marginal recovery, liquidity remains constrained due to year-end tax outflows and a rise in credit demand. The RBI has been deploying multiple tools since January 16 to manage liquidity, including:

  • Variable Rate Repo (VRR) auctions
  • Open market operations (OMOs)
  • A 25 basis points repo rate cut

The $10 billion forex swap auction—the largest ever conducted by the RBI—has also played a role in infusing durable liquidity into the system.

Impact on Bond Markets and Interest Rate Spreads

While these measures aim to ease liquidity, bond markets remain stressed, with corporate bond yields and certificate of deposit (CD) rates staying elevated.

  • The spread between the repo rate and corporate bond yields has widened to 125 basis points.
  • The spread between the repo rate and 3-month CDs has increased to 119 basis points as of February.

Additionally, state government securities (SGS) yields have diverged from central government securities (G-secs), with spreads widening from 30-35 basis points to 45-50 basis points, despite recent rate cuts.

Could OMOs in State Government Securities (SGSs) Be the Next Step?

Market observers suggest that additional OMOs targeting state government securities (SGSs) may be needed to reduce these widening spreads and enhance monetary policy transmission. Addressing this divergence could help improve liquidity conditions further and ensure more uniform financial stability across different segments of the debt market.

Conclusion: A Watchful Approach Amid Evolving Conditions

The RBI’s recent actions underscore its proactive stance in managing liquidity and stabilising financial markets. As tax outflows and credit demand continue to exert pressure, market participants will be closely watching how these measures impact liquidity conditions, interest rate spreads, and overall market stability in the coming months.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Tesla signs 5-year lease deal to open first showroom in Mumbai; rent is $446,000

Tesla, the US-based electric vehicle (EV) giant, has taken a major step towards entering the Indian market by securing a lease for its first showroom in Mumbai. According to a report, Tesla has signed a 5-year lease agreement, marking a renewed effort to establish a presence in India after previous plans were put on hold.

Lease Agreement Details

The registered lease documents reveal that Tesla will begin operations at its Mumbai showroom on February 16, 2025. The showroom will be 4,003 square feet (372 square metres) in size—equivalent to the dimensions of a basketball court.

The initial rent for the first year is set at $446,000. The agreement includes a structured rent increase of 5% annually, culminating in an estimated $542,000 rent for the fifth year. This data has been sourced from a lease document. 

Prime Location in Bandra Kurla Complex

The showroom will be located in the Maker Maxity building, situated in Mumbai’s Bandra Kurla Complex (BKC). This area serves as a key business and retail hub, with its proximity to the city’s airport adding to its strategic advantage.

Expansion Plans: More Showrooms on the Horizon

The Mumbai showroom is just the beginning of Tesla’s expansion in India. Reports indicate that the company is also in the process of finalising locations for new and additional showrooms in New Delhi and Mumbai. This suggests a broader strategy for entering the Indian EV market, where demand for sustainable mobility solutions is growing.

Tesla’s Renewed Push into India

Tesla’s latest move follows a high-profile meeting between its CEO Elon Musk and Indian Prime Minister Narendra Modi in the US. The meeting had sparked widespread speculation regarding Tesla’s entry into India, and the Mumbai showroom deal now appears to be a step towards realising those ambitions.

Previously, Tesla had put its India expansion plans on hold due to policy uncertainties. However, with India’s push for increased EV adoption and incentives for clean energy vehicles, Tesla seems poised to make its long-awaited entry into the Indian market.

Conclusion

While Tesla has yet to officially comment on the Mumbai showroom lease, the deal signals a strong intent to bring its premium electric vehicles to India. The company has been advocating for lower import duties to make its cars more affordable in the country, and a formal presence in Mumbai could be a precursor to further developments in that direction.

With Tesla making strategic moves to establish its footprint in India, the EV landscape in the country is set to become even more dynamic in the coming years.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

NRIs and PIOs Invest ₹60,998 Crore in GIFT City Funds

The Gujarat International Finance Tec-City (GIFT City) has emerged as a key investment hub for the Indian diaspora, with funds flowing in from Non-Resident Indians (NRIs) and People of Indian Origin (PIOs). According to the International Financial Services Centres Authority (IFSCA) chairman, Mr. K Rajaraman, investments in GIFT City-based funds have now surpassed ₹60,998 crore (US$ 7 billion).

In 2024 alone, NRIs and PIOs remitted over ₹11,24,106 crore (US$ 129 billion) to India, with their global investment footprint estimated to be of a similar magnitude. The fund ecosystem within GIFT City has attracted around 5,000 NRIs, with ₹13,071 crore (US$ 1.5 billion) allocated to banking products and ₹60,998 crore (US$ 7 billion) in investment funds.

Dedicated Investment Facilities Launched in 2024

To further capitalise on this inflow, dedicated diaspora investment facilities were introduced in 2024. Rajaraman emphasised that India’s 19-million-strong diaspora presents a significant opportunity for fund mobilisation. Unlike traditional rupee-based investments, GIFT City offers financial instruments in foreign exchange terms, making it an attractive destination for overseas investors.

With India aiming to achieve developed nation status by 2047, Rajaraman underscored the need for structural reforms over the next three to five years to align with global financial standards. The IFSCA is actively benchmarking GIFT City against other major international financial centres to enhance its competitiveness.

GIFT City’s Expanding Banking and Financial Services

GIFT City has also witnessed rapid expansion in the banking sector. The 30 banks, including 15 international banks, now have assets under management exceeding ₹6,79,692 crore (US$ 78 billion). Additionally, Indian corporates have raised around ₹4,35,700 crore (US$ 50 billion) from the international banking system within GIFT City.

Recently, a major Indian corporation sought to borrow ₹26,142 crore (US$ 3 billion), indicating growing confidence in GIFT City’s financial infrastructure.

Beyond Finance: Aviation and Shipping Sectors in Focus

Apart from banking and funds, GIFT City is expanding into new sectors like aviation and shipping. According to IFSCA’s Executive Director, Mr Dipesh Shah, GIFT City has registered 33 aircraft leasing firms, with 198 aviation assets already leased. This diversification aims to establish GIFT City as a comprehensive global business hub.

Addressing Risks: Internal Controls and Cybersecurity

As financial and corporate activities increase, risk management and cybersecurity remain key concerns. Renowned banking veteran Mr K V Kamath stressed the importance of strong internal controls for startups operating in this evolving financial landscape.

A recent survey by the Institute of Internal Auditors and Protiviti India revealed that two-thirds of chief audit executives consider artificial intelligence, bots, and cybersecurity as top risks. However, only 16% feel highly prepared to handle these emerging threats, highlighting the need for improved governance and compliance frameworks.

Conclusion

GIFT City is rapidly positioning itself as a global financial powerhouse, attracting substantial diaspora investments and corporate borrowings. With the banking, aviation, and shipping sectors gaining momentum, its future as an international financial centre looks promising. However, regulatory reforms and enhanced risk management will be crucial to sustaining long-term growth and stability.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

119 Stocks Hit Upper Circuit on NSE: Shakti Pumps, E2E Networks, and More

Indian benchmark indices opened positively on March 6, 2025, amid strong global cues. However, after an initial rise, the indices failed to sustain higher levels, slipping into negative territory as India VIX surged.

The Nifty 50 index was trading down by 0.13% around the 22,300 mark. Despite this, broader indices remained in the green, with Nifty Smallcap 100 up by 0.88% and Nifty Midcap 100 rising by 0.44%. Amid this broader market outperformance, 119 stocks hit their upper circuit limit on the NSE as of 9:58 AM.

3 stocks that hit the upper circuit on March 6, 2025

1. Shakti Pumps

Founded in 1982 by the Patidar family, Shakti Pumps is a leading manufacturer of solar pumps, submersible pumps, and booster pumps. The company also produces components such as pump motors, connectors, and steel structures for solar setups. Shakti Pumps mainly caters to government orders for farmers and also supplies pumps for residential and industrial use.

The stock hit its upper circuit limit of 5% at 9:58 AM after promoters Shakti Future Trust and Shakti Sons Trust acquired shares from the open market.

2. E2E Networks

E2E Networks is India’s leading hyperscaler, focusing on advanced Cloud GPU infrastructure. The company is known for providing high-performance cloud computing solutions, including NVIDIA A100, H100, and the newly available H200 GPUs on the cloud. This strengthens its position as India’s premier IaaS provider in the Cloud GPU segment.

E2E Networks’ share price hit an upper circuit of 5% early in the trading session.

3. ACME Solar Holdings

ACME Solar Holdings is one of India’s largest renewable energy independent power producers (IPPs), managing a 6.97 GW portfolio across solar, wind, hybrid, and firm & dispatchable renewable energy (FDRE) projects. With integrated in-house capabilities, the company develops, builds, owns, and operates utility-scale projects focused on clean energy generation.

The stock touched an intraday high of ₹210.93 before settling at ₹204.77 at 10:08 AM, up by 1.93%. The share price remains in focus as the company is currently conducting a one-on-one investor meeting in Hong Kong.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Om Infra Share Price Jumps 10% After Securing ₹448 Crore Water Infrastructure Projects

Om Infra Ltd, a leading infrastructure development company specialising in water management and engineering projects, has been awarded two significant water supply infrastructure contracts by Uttar Pradesh Jal Nigam (Rural). The total project value stands at ₹448 crore, contributing to the company’s expanding portfolio of infrastructure projects.

Project Details: Strengthening Water Infrastructure Across Key Regions

The awarded projects encompass 2 major contracts in Uttar Pradesh:

  1. Moradabad Circle (Amroha and Sambhal districts) – A water supply project valued at ₹106.10 crore, covering the restoration and operational enhancement of defunct and partially operative rural water supply schemes.
  2. Lucknow Circle (Hardoi, Lakhimpur Kheri, Sitapur, and Lucknow districts) – A larger-scale initiative worth ₹342 crore, focusing on the development and long-term maintenance of water supply networks across multiple districts.

Both projects include a comprehensive scope of work, ranging from surveying and design preparation to procurement, construction, trial runs, and long-term operations and maintenance.

Strengthening Om Infra’s Position in the Infrastructure Sector

The latest project wins reaffirm Om Infra’s strategic focus on critical infrastructure development. The company’s Managing Director & CEO, Vikas Kothari, highlighted the significance of these contracts, stating:

“We are pleased to have secured these projects, which align with our strategic vision of expanding our footprint in infrastructure, including hydroelectric power, pumped storage, and water management. These projects further strengthen our order book and reaffirm our technical expertise in delivering large-scale, sustainable infrastructure solutions.”

Om Infra has played a pivotal role in national infrastructure development, with a portfolio spanning hydroelectric projects, water treatment plants, irrigation systems, and pumped storage projects. The company remains committed to contributing to India’s infrastructure growth, aligning with key government initiatives such as the Jal Jeevan Mission.

Potential Impact on Om Infra’s Growth Trajectory

The acquisition of these contracts is expected to enhance Om Infra’s revenue visibility and profitability, reinforcing its leadership in the water infrastructure space. With a strong technical foundation and project execution capabilities, the company continues to focus on delivering sustainable and impactful solutions.

Om Infra’s share price surged by 10% following the announcement as of 9:50 AM on March 6, 2025. 

Conclusion

Om Infra Ltd’s latest project wins highlight its growing role in India’s infrastructure landscape. As the company continues to execute large-scale projects, its focus on sustainability and innovation will likely drive further growth and expansion.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

5 Major Changes in TDS and TCS Rules from April 1: Know the Details

The Union Budget 2025 has introduced several important amendments to Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) regulations, effective from April 1, 2025. These changes are designed to reduce unnecessary complexities in tax deduction and collection, offering relief to common taxpayers, traders, and businesses.

The modifications primarily focus on raising deduction limits, easing foreign remittances, removing specific compliance burdens, and improving overall cash flow. Here are the 5 key changes you should be aware of.

1. Revised Limits for TDS Deduction

TDS is deducted when earning interest from banks, paying rent, or making large payments. The latest budget proposes to rationalise these limits to ensure cash flow remains smooth and unnecessary tax deductions are minimised.

This change will particularly benefit individuals who frequently face TDS deductions on smaller transactions, as the revised limits will help reduce compliance burdens.

2. Higher Threshold for Sending Money Abroad Without TCS

If you send money overseas for purposes such as education, family support, or travel, there is now a relief.

  • Previously, TCS was applicable on remittances exceeding ₹7 lakh.
  • This threshold has now been increased to ₹10 lakh, allowing individuals to send more money abroad without incurring additional tax burdens.
  • Additionally, if the funds are being sent through an education loan, no TCS will be levied, providing further relief to students and parents managing overseas education expenses.

3. TCS Exemption for Traders on Sales Above ₹50 Lakh

For businesses engaged in large-scale sales, a significant change has been introduced:

  • Until now, traders had to deduct 0.1% TCS on sales exceeding ₹50 lakh.
  • This requirement has now been completely abolished, effective 1st April 2025.
  • This move aims to enhance cash flow for businesses and ease tax compliance.

For traders dealing with high transaction volumes, this change will reduce financial burdens and improve operational efficiency.

4. No Higher TDS/TCS for Non-Filers of ITR

Previously, individuals who did not file their Income Tax Returns (ITR) were subject to higher TDS and TCS rates.

  • The Budget 2025 proposes to remove this provision, ensuring that those who miss filing returns will not be penalised with excessive deductions.
  • This will be particularly beneficial for small businesses and individuals who face cash flow issues but are otherwise compliant taxpayers.

This change simplifies tax compliance and removes unnecessary financial strain on those with genuine reasons for delayed filings.

5. No Criminal Charges for Delay in Depositing TCS

Under the previous tax regime, failure to deposit collected TCS on time could result in legal consequences, including imprisonment for up to seven years.

  • Budget 2025 modifies this rule, ensuring that if the pending TCS is deposited within the stipulated time, no criminal action will be taken.
  • This amendment removes the fear of harsh legal consequences for businesses dealing with cash flow issues.

By eliminating extreme penalties, this reform ensures that businesses have adequate time to comply without undue pressure.

Conclusion

The Budget 2025 brings substantial relief to common taxpayers, traders, and businesses by simplifying tax compliance and reducing financial burdens. Overall, these changes streamline taxation, enhance ease of doing business, and reduce compliance stress for taxpayers across various sectors.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Tata Electronics, PSMC, and Himax Partners to Manufacture Display Semiconductors in India

Tata Group Company Tata Electronics has signed a memorandum of understanding (MoU) with Taiwan-based Powerchip Semiconductor Manufacturing Corporation (PSMC) and Himax Technologies to manufacture display semiconductors and ultralow power AI sensing products in India. 

The agreement was announced at the IESA Vision Summit, where Tata Electronics CEO Randhir Thakur confirmed that the partnership includes setting up a display chip manufacturing unit in Dholera, Gujarat.

Semiconductor Manufacturing in Dholera

Under this agreement, Tata Electronics will manufacture display chips for Himax using PSMC’s technology. The plant in Gujarat will focus on producing display-related semiconductors for various applications, including televisions, mobile phone screens, camera image sensors, LEDs, and OLEDs.The project is part of Tata Electronics’ broader expansion into semiconductor manufacturing.

The company is also setting up a semiconductor fabrication plant in Gujarat with an investment of ₹91,000 crore, in collaboration with PSMC. The Indian government is providing 50% of the investment as part of its semiconductor manufacturing initiative. The plant will have a production capacity of 50,000 wafers per month, catering to sectors such as electric vehicles, telecom, and defense.

Additional Investments in Assam

In addition to the Dholera facility, Tata Electronics is setting up a testing and packaging (TSAT) plant in Assam with an investment of ₹27,000 crore. This facility aims to produce 48 million chips per day and support semiconductor packaging and testing operations.

PSMC and Himax’s Role

PSMC is the seventh-largest pure-play foundry in the world, operating four 12-inch fabs and two 8-inch fabs in Taiwan. It has an annual production capacity of 2.1 million 12-inch equivalent wafers.

Himax Technologies is a fabless semiconductor company specializing in display drivers and AI sensing solutions. The partnership will allow Himax to manufacture its display chips in India under Tata Electronics’ production capabilities.

India’s Display Semiconductor Expansion

As per the reports, the partnership aligns with India’s goal of expanding its semiconductor industry and building a domestic supply chain. Tata Electronics’ entry into display semiconductor manufacturing comes at a time when other companies, including Vedanta, have also proposed semiconductor projects in Gujarat. However, Vedanta’s planned display fabrication unit has not yet received government approval.

Conclusion

This agreement enables Tata Electronics, PSMC, and Himax to offer end-to-end semiconductor solutions, covering chip design, manufacturing, packaging, and electronics manufacturing services.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Ajit Ratnakar Joshi Takes Over as RBI’s Executive Director, Effective March 3

The Reserve Bank of India (RBI) has appointed Dr. Ajit Ratnakar Joshi as its Executive Director (ED), effective March 3, 2025. The central bank announced the appointment on March 5, 2025.

Role and Responsibilities

In his new role, Dr. Joshi will oversee the Department of Statistics and Information Management (DSIM) and the Financial Stability Department. His responsibilities will include managing statistical data used for policy decisions and taking care of financial stability measures within the banking sector.

The Financial Stability Department monitors risks to the banking system and ensures financial resilience. The DSIM manages statistical analysis and provides data for monetary policy and regulatory decisions.

Previous Experience

Before his promotion, Dr. Joshi served as the Principal Adviser in the DSIM. He has over 30 years of experience in statistics, information technology, and cyber risk management. He has also been a faculty member at the Institute of Development and Research in Banking Technology (IDRBT), Hyderabad.

Additionally, he has contributed to multiple committees and working groups related to macroeconomic statistics and policy matters.

Educational Background

Dr. Joshi holds a master’s degree in statistics from Nagpur University and a Ph.D. in monetary economics from IIT Madras. He has also earned a diploma in Development Policy and Planning from the Institute of Economic Growth, Delhi. In addition, he is a Certified Associate of the Indian Institute of Banking and Finance (CAIIB).

Additional Government Appointment

In a separate development, former RBI Governor Shaktikanta Das has been appointed as Prime Minister Narendra Modi’s Principal Secretary-2. This is the first time two officials will serve as principal secretaries to the prime minister simultaneously.

According to the Appointments Committee of the Cabinet (ACC), Das’s term will be co-terminus with the PM’s tenure or until further orders.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Zydus Lifesciences Gets USFDA Approval for Generic Dasatinib Tablets

Zydus Lifesciences has received final approval from the United States Food and Drug Administration (USFDA) to manufacture and market Dasatinib Tablets in multiple strengths: 20 mg, 50 mg, 70 mg, 80 mg, 100 mg, and 140 mg. This is a generic version of Sprycel Tablets, which is used for treating Philadelphia chromosome-positive (Ph+) chronic myeloid leukemia (CML) and acute lymphoblastic leukemia (ALL).

Dasatinib Market in the US

According to IQVIA MAT January 2025 data, Dasatinib tablets had annual sales of $1.81 billion in the United States. The approval allows Zydus to enter this segment with its generic version, adding to its portfolio of 415 USFDA approvals. Since FY 2003-04, the company has filed 483 Abbreviated New Drug Applications (ANDAs).

Manufacturing and Distribution

The Dasatinib tablets will be manufactured at Zydus Lifesciences’ facility in Ahmedabad. The plant has been producing various pharmaceutical products for global markets and is part of the company’s USFDA-approved manufacturing network.

Financial Performance

In the third quarter of FY25, Zydus reported a 29.62% increase in net profit, reaching ₹1,023.5 crore, compared to ₹789.6 crore in the same quarter of the previous year. Revenue from operations grew by 16.96% YoY, standing at ₹5,269.1 crore. The company attributed this growth to strong sales in India and the US.

As of March 6, 11:23 AM, Zydus Lifesciences Ltd is trading at ₹905.80, up ₹18.35 (2.07%) for the day. However, the stock has declined 10.16% over the past month and 5.83% over the past year.

Additional Product Launch in India

Zydus has also introduced ANVIMO (Letermovir) in India, a drug aimed at preventing Cytomegalovirus (CMV) infections in transplant patients. The company claims it has reduced the cost of CMV treatment by 91%, making it more accessible.

Conclusion

Bringing it all together, the approval of generic Dasatinib adds another product to Zydus’ US portfolio, increasing its presence in the oncology segment.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.