KPIT Tech maintains higher top- bottom formation on daily and weekly charts. The momentum indicator MACD is trading in the positive territory.

KPIT Tech, ITC, Eris Life: How should you trade these stocks amid volatility

Eris Lifesciences will acquire the part of the dermatology portfolio of Dr Reddy’s Labs including nine trademarks along with their applicable line exentions for a consideration of Rs 275 crore.

Eris Lifescience shares hit 52-week low; here’s why analysts see up to 40% potential rise

Under the agreement, Eris Lifesciences will be assigned the trademark of these brands by Dr. Reddy’s for a consideration of Rs. 275 crore. As per IQVIA MAT December 2022, the divested portfolio saw sales of Rs. 60 crore in India.

Dr. Reddy’s Laboratories sells non-core dermatology brands

Prabhudas Lilladher is bullish on Eris Lifesciences has recommended buy rating on the stock with a target price of Rs 780 in its research report dated March 17, 2023.

Buy Eris Lifesciences; target of Rs 780: Prabhudas Lilladher

Deal to be EPS neutral over the medium term.

Eris Lifesciences - On An Acquisition Spree To Enhance Derma Portfolio: Motilal Oswal

Eris Life said that the transaction would help augment and expand cosmetic dermatology business of the company through their product offerings

Eris down 4% in 2 days post acquisition of 9 derma brands from Dr Reddy’s

Dr. Reddy’s Laboratories (DRL) announced that along with its subsidiaries it has signed a deal to divest certain non-core brands of the company in the dermatology segments to Eris Lifesciences for Rs 275 crore.

DRL inks pact with Eris Life to divest certain non-brands

TCS, Dr Reddy’s Lab, Eris Lifesciences, Glenmark Pharma, RVNL, Lemon Tree Hotels, IndiaMart InterMesh, Samvardhana Motherson, Shri Keshav Cement, Quint Digital, Jubilant Ingrevia and Vishvprabha Foods are some of the stocks that are likely to be in action today

stocks in action today

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Stocks to watch: TCS, Patanjali Foods, Glenmark Pharma, Vi, DLF, Eris Life

In January Eris had bought some derma brands from Glenmark Pharma as well

Eris Lifesciences buys dermatology brands from Dr Reddy’s for Rs 275 crore

Eris and Dr. Reddy’s did not immediately respond to Reuters’ requests seeking the names of the dermatology brands