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Home National Gujarat Ahmedabad

Zydus Lifesciences holds bell ringing ceremony to mark silver jubilee of listing on NSE

by Nav Jeevan
10 months ago
in Ahmedabad, Breaking News, Business, Capital Market, Gujarat, Launchpad, Maharashtra, Mumbai, National
Reading Time: 1 min read
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Zydus Lifesciences holds bell ringing ceremony to mark silver jubilee of listing on NSE

Senior management of Zydus Lifesciences Pankaj R. Patel, Dr. Sharvil Patel, Ganesh Nayak and Nitin Parekh with NSE – MD and CEO Ashishkumar Chauhan and Chief Business Development Officer Sriram Krishnan at the bell ringing ceremony to mark the silver jubilee of listing on the National Stock Exchange of India in Mumbai on Friday-NE photo

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  • An investor who invested Rs. 1 lakh in the IPO of the company has gone up to Rs. 60 lakhs (including dividends and buybacks)) as on 30th April 2025

NE BUSINESSS BUREAU

MUMBAI, MAY 2

Zydus Lifesciences Ltd. (formerly known as Cadila Healthcare Ltd.) conducted a bell ringing ceremony to mark the silver jubilee of listing on the National Stock Exchange of India (NSE), here on Friday.

On this occasion senior management of Zydus Lifesciences, including Chairman Pankaj R. Patel; Managing Director Dr. Sharvil Patel; Executive Director Ganesh Nayak and CFO Nitin Parekh and other senior executives were present. The dignitaries from the NSE – MD and CEO Ashishkumar Chauhan and Chief Business Development Officer Sriram Krishnan graced the ceremony.

Over the last 24 years, the Company’s sales has grown from Rs. 478 crores to Rs. 19,022 crores, a CAGR of 17%, Operating profit has grown from Rs. 70 crores to Rs. 5,384 crores a CAGR of 20%, and Profits after tax has grown from Rs. 38 crores to Rs. 3,860 crores at CAGR of 21% (in the period from March 31, 2000 to March 31, 2024).

An investor who invested Rs. 1 lakh in the IPO of the company has gone up to Rs. 60 lakhs (including dividends and buybacks)) as on 30th April 2025, which is almost 60 times the investment and translates into CAGR of 19%, thereby creating significant shareholder value.

 

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