After Rs 2,004-crore Torrent-Elder deal, Torrent Pharmaceuticals is reportedly eyeing more acquisitions in the future, both in domestic and overseas market. The company will prefer a much smaller acquisition, in the range of Rs 50-100 crore. Though, the company has not specified which areas it is going to foray for an acquisitions.
Earlier in December 2013, the company entered into a definitive binding agreement with Elder Pharmaceuticals (Elder) to acquire its branded domestic formulations business in India and Nepal (India Business) for a consideration of about Rs 2000 crore.
Torrent Pharmaceuticals is flagship company of the Torrent group, a leader in cardiovascular and central nervous system segments. It also has presence in gastro-intestinal, diabetology, anti-infective and pain management segments.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1847.30 |
| Dr. Reddys Lab | 1293.25 |
| Cipla | 1347.70 |
| Zydus Lifesciences | 938.90 |
| Lupin | 2377.90 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: