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1. Marksans Pharma (Europe) in Ireland 2. Marksans (Canada) Inc. in Canada
Marksans Pharma announced USFDA final approval of the Company's wholly owned subsidiary Marksans Pharma Inc.'s Abbreviated New Drug Application (ANDA) for Loperamide Hydrochloride Tablets USP, 2 mg (OTC). This product is bioequivalent to the reference listed drug (RLD), Imodium A-D Tablets, 2mg, of Kenvue Brands LLC (Kenvue) NDA - 019860.
Loperamide Hydrochloride is an anti-diarrheal medication used to control symptoms of acute and chronic diarrhea.
The approved product is bioequivalent to the reference listed drug (RLD), Imodium A-D Tablets, 2 mg, marketed by Kenvue Brands LLC (NDA - 019860).
Loperamide Hydrochloride is an anti-diarrheal medication used to manage symptoms of acute and chronic diarrhea, strengthening Marksans Pharma’s portfolio in the US generic pharmaceutical market.
Marksans Pharma is primarily engaged in the business of research, manufacture, marketing and sale of pharmaceutical formulations.
The company’s consolidated net profit rose 1.6% to Rs 98.25 crore on 12.2% jump in revenue from operations to Rs 720.41 crore in Q2 FY26 over Q2 FY25.
Shares of Marksans Pharma fell 1.46% to Rs 189.50 on the BSE.
1. Mefenamic Acid 250 mg Film-Coated Tablets 2. Mefenamic Acid 500 mg Film-Coated Tablets
Consumer durables shares advanced after declining in the past two trading sessions.
At 14:25 IST, the barometer index, the S&P BSE Sensex advanced 499.45 points or 0.60% to 83,715.73. The Nifty 50 index added 144.80 points or 0.57% to 25,637.10.
In the broader market, the S&P BSE Mid-Cap index rose 0.76% and the S&P BSE Small-Cap index shed 0.21%.
The market breadth was negative. On the BSE, 2,015 shares rose and 2,249 shares fell. A total of 192 shares were unchanged.
Economy:
India’s foreign exchange reserves fell by $5.6 billion to $689.73 billion in the week ended October 31, 2025, the Reserve Bank of India (RBI) said on Friday.
For the week ended October 31, foreign currency assets, a major component of the reserves, decreased by $1.9 billion to $564.59 billion, the RBI data showed.
Value of gold reserves declined by $3.8 billion to $101.72 billion during the week, the RBI said.
The Special Drawing Rights (SDRs) were down by $19 million to $18.64 billion, the apex bank said.
Meanwhile, India's reserve position with the IMF was up by $16.4 million at $4.77 billion in the reporting week, the data showed.
Buzzing Index:
The Nifty consumer durables index advanced 0.52% to 37,812.40. The index declined 2.68% in the past two consecutive trading sessions.
Voltas (up 2%), Crompton Greaves Consumer Electricals (up 1.62%), PG Electroplast (up 1.32%), Blue Star (up 1.24%), Titan Company (up 0.82%), Dixon Technologies (India) (up 0.63%), Havells India (up 0.56%) advanced.
Numbers to Track:
The yield on India's 10-year benchmark federal paper was down 0.28% to 6.503 as compared with previous close 6.521.
In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 88.6975 compared with its close of 88.6500 during the previous trading session.
MCX Gold futures for 5 December 2025 settlement rose 1.79% to Rs 123,240.
The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.09% to 99.51.
The United States 10-year bond yield rose 1.12% to 4.139.
In the commodities market, Brent crude for December 2025 settlement advanced 32 cents or 0.50% to $63.95 a barrel.
Stocks in Spotlight:
Marksans Pharma rose 1.86% after the company announced that it has received zero observations in a current Good Manufacturing Practice (cGMP) inspection conducted by the US Food and Drug Administration (USFDA) at its Goa facility.
SMS Pharmaceuticals rallied 3.24% after the company’s consolidated net profit jumped 79.5% to Rs 25.31 crore on 23.2% increase in revenue from operations to Rs 242.43 crore in Q2 FY26 over Q2 FY25.
The said inspection concluded with Zero Form 483 observation.
Mark Saldanha, managing director said, “The successful outcome of the cGMP inspection by the US FDA is a testament to our ongoing commitment to product quality and regulatory compliance.”
The company’s consolidated net profit dropped 34.3% to Rs 58.31 crore despite of 4.97% jump in revenue from operations to Rs 619.98 crore in Q1 FY26 over Q1 FY25.