Small-cap pharma stock rebounds from today’s low after this API update worth ₹250 crore

Sigachi Industries share price rebounded from its intraday low on Wednesday following the announcement of progress on a new combination of Active Pharmaceutical Ingredients (APIs) for Cystic Fibrosis (CF), which includes Vanzacaftor, Tezacaftor, and Deutivacaftor. The company projects a revenue potential of around ₹250 crore per year starting from the fourth quarter of FY2026–27, positioning…

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LIC raises stake in Sun Pharma to 5.04%. Details here

Life Insurance Corporation of India (LIC), insurance behemoth and India’s biggest institutional investor, raised its stake in the pharma company Sun Pharma, taking its holding to above 5%, according to the latest exchange filing dated January 14. LIC bought 2,02,500 shares of Sun Pharma from the open market, amounting to a 0.008% stake, from the…

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