Sanofi India share price surged up to 6% on Friday after the company announced strong Q4 results and a final dividend of ₹117 per share. However, market corrections later led to some profit booking.
Sanofi India’s stock opened at ₹5001.40 on the BSE, slightly higher than the previous close of ₹4996.75. The stock climbed to an intraday high of ₹5317.75, marking a gain of over 6% in morning trade. However, as the broader market declined, with Sensex falling nearly 1000 points, the stock gave up most of its gains.
For the October–December 2024 quarter (Q4), Sanofi India reported a 31% increase in profit from continuing operations at ₹91.3 crore, compared to ₹69.7 crore in the same period last year. The company follows a January–December financial year, making this its final quarter.
Sanofi India’s Diabetes care segment showed strong performance, with double-digit growth for Toujeo and a successful launch of Soliqua.
The company also highlighted its new partnerships in Central Nervous System (CNS) and Cardiovascular (CV) segments, which have helped expand its market reach.
Sanofi India has declared a final dividend of ₹117 per share (face value ₹10 each) for the financial year ending December 31, 2024. The dividend is subject to shareholder approval.
Sanofi India’s strong financial performance and attractive dividend payout have reinforced investor confidence despite overall market volatility.
Sanofi India’s solid earnings and high dividend reinforced investor confidence, though broader market weakness led to partial profit booking.
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Published on: Feb 28, 2025, 1:01 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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