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Granules India Shares Rise as LIC Increases Stake to 5.02%

Written by: Dev SethiaUpdated on: Mar 4, 2025, 12:05 PM IST
Granules India shares rose 1% as LIC increased its stake to 5.02% by acquiring 17.83 lakh shares, reflecting institutional confidence in the pharma company.
Granules India Shares Rise as LIC Increases Stake to 5.02%
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Shares of Granules India gained nearly 1% on Tuesday, March 4, 2025, reaching ₹477 at 10:03 AM (IST) after the Life Insurance Corporation of India (LIC) increased its stake in the pharmaceutical company to 5.02%.

LIC Increases Stake to 5.02% in Granules

The state-owned insurance giant purchased an additional 17.83 lakh shares of Granules India between January 1 and March 3, raising its holding from 4.26% in December 2024 to 5.02%.

Granules India’s Pharma Presence

Granules India is a key player in the pharmaceutical sector, specializing in the production of:

  • Active Pharmaceutical Ingredients (APIs)
  • Pharmaceutical Formulation Intermediates (PFIs)
  • Finished Dosages (FDs)

The company supplies products to global markets, maintaining a strong position in the pharmaceutical supply chain.

Granules Q3 FY25 Performance 

The company posted a net profit of ₹117.6 crore in Q3 FY25, marking a 6.4% decline compared to the ₹125.6 crore reported in Q3 FY24.

Revenue also saw a slight drop of 1.5%, standing at ₹1,137.6 crore, down from ₹1,156 crore in the corresponding quarter of the previous financial year.

The company’s Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) fell 8%, coming in at ₹230.2 crore, compared to ₹250.4 crore in Q3 FY24. Margins also contracted, declining to 20.2% in Q3 FY25, from 22% in the same quarter last year.

 

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.

Published on: Mar 4, 2025, 10:16 AM IST

Dev Sethia

Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.

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