For the best experience use Mini app app on your smartphone
Sun Pharma stares at 8–10% profit risk amid 100% US tariffs: HSBC
short by Shristi Acharya / on 29 Sep 2025,Monday
Indian drugmaking major Sun Pharmaceutical faces potential impact from US' 100% tariffs on patented drugs, which could reduce its FY26 and FY27 earnings by 8–10%, HSBC reported. This comes as Sun Pharmaceutical is the only Indian company with significant stake in patented drugs in US. The tariff, which excludes companies building manufacturing plants in US, won't apply to generic medicines.
short by Shristi Acharya / 11:13 am on 29 Sep
For the best experience use inshorts app on your smartphone