VERIFIEDET Stocks·4 Sept 2026neutral

Large trade alert! Gland Pharma shares fall 3% after 1.2 crore shares change hands in 2 block deals; promoter Fosun likely seller

AI Summary

·Gland Pharma shares declined by 3% following two block deals involving 1.22 crore shares valued at approximately Rs 5,818 crore.
·Promoter Fosun Pharma Industrial was reportedly considering selling a 5% stake for Rs 2,279.5 crore.
·A recent USFDA inspection of two Gland Pharma facilities in Visakhapatnam resulted in zero Form 483 observations.