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Novartis News

Buyback Approval At Rs. 670 Per Share Pushes Novartis Scrip Down By 9%

The board of Novartis has approved a share buyback plan for Novartis and a lower price band of Rs. 670 per share decided for the buyback has drifted the stock southwards on price. After slipping to Rs. 626 in ...

Cues to watch for before markets open on Jan 23

Indian markets are expected to open marginally lower in trade on the back of weak global cues. The Sensex closed at a record closing high of 21,338 points on Wednesday. The SGX Nifty is suggesting a cut of around 15 points ...

Supreme Court disallows patent to Novartis cancer drug

The Supreme Court today denied a patent to Swiss giant Novartis AG's cancer treatment Glivec. The stock of Novartis was down almost 5 per cent following reports of the ruling. It was last trading at Rs 572, after plunging to ...

Novartis stock jumps as parent looks to reduce stake

Shares in Novartis, a leading pharma company gained in trade today after Novartis AG, the promoter company of Novartis India said it will sell nearly 1.4 per cent stake in its Indian unit to comply with minimum 25 per cent public ...