Cadila Healthcare Shares Gained Over A Percent In Morning Trade - Dollar Advisory Financial Services

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Tuesday 11 July 2017

Cadila Healthcare Shares Gained Over A Percent In Morning Trade

Cadila Healthcare shares gained over a percent in morning trade Tuesday on tentative approval from the US health regulator for Lurasidone Hydrochloride tablets.

Lurasidone is a generic version of Latuda that is used to treat schizophrenia.

Gautam Duggad of Motilal Oswal said positive macro factors notwithstanding, the quarter would be faced with several sector-specific headwinds and GST-related de-stocking in some B2C sectors.

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