INDIA MARKET LENS
Economy & Policy◆ MixedQuarterly Results

Cancer Drug Trade Margins Run Up To 700%, Government Tells Supreme Court

Indian markets moved lower in a quarterly results development.

· NDTV Profit

The Centre expects its proposed 30% trade margin cap to cut cancer drug prices by up to 70% and save patients Rs 2,500 crore annually, with an expert committee set to recommend the medicines covered within 10 to 15 days.

Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.