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VERIFIEDET Markets·neutral

Block deal alert! Gland Pharma shares fall 3% as 1.2 crore shares change hands in 2 block deals; promoter Fosun likely seller

AI Summary
  • ·Gland Pharma shares declined by 3% following a block deal where 1.2 crore shares were traded.
  • ·The company's VSEZ facility concluded a USFDA inspection with zero observations.
  • ·Gland Pharma announced strong Q1FY27 results, reporting increased profit and revenue with substantial growth in its CDMO and B2B segments.
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