Syngene - Reality Check On Recovery? Stay Positive For Now: Yes Securities

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Yes Securities Report.We parsed the commentary of Charles River Laboratories India Pvt. Ltd., a global Contract Development and Manufacturing Organization player that offers preclinical and post-trial services along with manufacturing capabilities. While we are cognizant there is not a perfect overlap, a certain commonality exists across discovery services and pre-IND work as well as target customers.We highlight sobering commentary put out by Charles River Laboratories in its Q2 earnings call which is a change from the positive narrative of recovery in biotech funding. Charles River Laboratories believes there is an urgency amongst clients to prioritize trial work with an eye on commercial marketing. This implies less of a focus on early-stage research and discovery – areas which are important for Syngene International Ltd.Charles River Laboratories believes the soft demand and cutback in large biopharma would continue in 2025, a scenario which is certainly not factored in ours as well as consensus growth expectation for Syngene. Reckon what such a commentary from a global peer does is put the spotlight back on Syngene H2 growth.For now, our 'Add' rating stays even as the purpose of this update is to highlight the developing backdrop amidst which Syngene has to deliver a strong performance to meet FY25 guidance.Click on the attachment to read the full report:.Multibagger GE T&D Locked In Lower Circuit As Promoters Evaluate Minority Stake Sale.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Syngene - Reality Check On Recovery? Stay Positive For Now: Yes Securities

Syngene had maintained its outlook for a growth rebound in H2 though subdued commentary by a global peer would likely create a situation where pace of growth delivery might be put under the spotlight.

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Syngene - Reality Check On Recovery? Stay Positive For Now: Yes Securities

Syngene had maintained its outlook for a growth rebound in H2 though subdued commentary by a global peer would likely create a situation where pace of growth delivery might be put under the spotlight.

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