India's IOL Chemicals gains 7.76% after China approves its Fenofibrate drug for export.
India's IOL Chemicals & Pharmaceuticals jumped 7.76% to Rs 441.05 after China's National Medical Products Administration approved its Fenofibrate drug for the Chinese market. Fenofibrate, used to treat high cholesterol and triglyceride levels, can now be exported from India to China. IOL Chemicals is an API and specialty chemicals manufacturer with a consolidated net profit of Rs 27.62 crore in Q4 March 2024, down 57.36% from Q4 March 2023.
July 02, 2024
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