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Syngene Pharma stock falls after announcing weak guidance FY25
short by / on Friday, 24 January, 2025
Syngene International's shares dropped 8.62% after lowering FY25 revenue guidance amid market challenges. Despite 10.5% YoY Q3 revenue growth and 17% profit rise, margins remain under pressure. Industry headwinds impact profitability, with flat profit growth expected ahead.
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