Syngene International Plunges 24% to One-Year Low; ₹6100 Crore Wiped Out
Business
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Moneycontrol•27-01-2026, 16:28
Syngene International Plunges 24% to One-Year Low; ₹6100 Crore Wiped Out
- •Syngene International shares plummeted 24% to a one-year low, wiping out ₹6100 crore in investor wealth over nine consecutive days of decline.
- •The significant drop, with over 18% in two days, was triggered by weak Q3 FY25 results, showing an 88.56% profit decrease and 2.82% revenue slip.
- •The company reported a consolidated profit of ₹15 crore and operational revenue of ₹917.1 crore, alongside an exceptional loss of ₹70.6 crore.
- •Operating profit fell 26% year-on-year, and operating margin declined from 33.8% to 22.8% in the December 2025 quarter.
- •Jefferies downgraded the stock from 'Hold' to 'Underperform' and reduced its target price from ₹660 to ₹480.
Why It Matters: Syngene International's stock hit a one-year low due to poor Q3 results and a brokerage downgrade.
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