Syngene Shares Surge 17%: Why Investors Ignored the Profit Drop
Syngene International shares surged nearly 17% on April 30, 2026, even though the company reported a year-on-year decline in Q4 net profit. At first glance, this looks confusing. Normally, weak profit numbers should hurt a stock, not trigger a sharp rally. But the market was not only looking at the annual comparison. Economic Times reported … Read more