Promoters and FIIs increased stake: This small-cap pharma company targeted Rs 750 crore revenue!
Promoters and FIIs increased stake: This small-cap pharma company targeted Rs 750 crore revenue!

Promoters and FIIs increased stake: This small-cap pharma company targeted Rs 750 crore revenue!

The company plans to launch several new products in the domestic and export markets in Q3 and Q4 of FY24.

Aniket Gogate Article rating: 5.0

FII stake increase: Foreign Institutional Investors (FIIs) have increased their stake in Lincoln Pharma from 0.63 per cent in September 2022 to 2.59 per cent in September 2023.

Promoter holding increase: The promoter holding in Lincoln Pharma has also increased from 44.09 per cent in September 2022 to 50.53 per cent in September 2023.

This Smallcap speciality chemical stock announces 1:5 stock split!
This Smallcap speciality chemical stock announces 1:5 stock split!

This Smallcap speciality chemical stock announces 1:5 stock split!

The company continues to improve its working capital efficiency resulting in reduction in inventory and debtor days.   

Karan Dsij Article rating: 4.1

In Q2FY23, the company continues to report record quarterly sales, EBITDA and PAT. Consolidated domestic and exports sales continued its growth trend, growing by 57 per cent and 53 per cent YoY.

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