Sun Pharma shares seen rising

Reuters Updated - January 23, 2018 at 08:41 PM.

Sun Pharmaceutical Industries shares are seen rising on unit Taro Pharmaceutical Industries price hikes.

Taro has pushed through price increase in a couple of products, says Credit Suisse.

The new set of price increases will boost EBITDA by 4 per cent, Credit Suisse analysts Anubhav Agarwal and Chunky Shah say.

Sun Pharma, not sated by Ranbaxy deal, may spend up to $7 billion on M&A, according to bankers.

Published on May 5, 2015 04:21