Dr. Reddy's Laboratories Limited (the "Company") and Nestle India Limited ("Nestle India") have entered into a Joint Venture Agreement ("Agreement") for investment in Dr. Reddy's Nutraceuticals Limited ("JV Company"). The partnership will bring together the well-known global range of nutritional health solutions as well as vitamin, minerals, herbals and supplements (VMHS) of Nestlé Health Science (NHSc) with the strong and established marketing and commercial strengths of Dr. Reddy's in India. The joint venture will help the Company and Nestlé India combine their strengths and grow their complementary nutraceuticals portfolios in India and other agreed territories in the metabolic, hospitals nutrition, healthy ageing, general wellness, women's health and child nutrition categories to take nutraceutical products to consumers across India.
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Other stock markets
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5-day change | 1st Jan Change | ||
2,456 INR | -2.22% | -1.14% | -7.67% |
May. 03 | Profit Booking Drags Indian Equities to End Lower on Friday | MT |
May. 02 | Dabur India beats Q4 profit view on steady domestic demand, lower costs | RE |
Stocks mentioned in the article
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5d. change
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Capi.
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6,350 INR | +0.98% | +1.55% | 12.68B | ||
2,456 INR | -2.22% | -1.14% | 28.39B | ||
EPS Revisions
1st Jan change | Capi. | |
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-7.67% | 28.39B | |
-5.94% | 266B | |
-3.51% | 93.75B | |
+6.16% | 40.42B | |
-1.60% | 39.92B | |
+7.31% | 39.47B | |
-18.07% | 29.26B | |
+12.84% | 25.04B | |
-5.93% | 23.52B | |
+8.23% | 20.69B |
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