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JPMorgan upgrades Dr. Reddy's after Q2 results but still remains on the sidelines; here's why - CNBC TV18Photo: CNBC-TV18 Markets
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JPMorgan upgrades Dr. Reddy's after Q2 results but still remains on the sidelines; here's why - CNBC TV18

Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher; this is a short summary that may be AI-assisted and can contain mistakes. Read the original for the full story. Publisher or rights holder? Request removal or a correction.

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WHAT HAPPENED

The planned resumption of commercial semaglutide supplies in November 2026 remains on track, HSBC said, while citing that execution will be crucial for the company to gain market share. It also identified the semaglutide relaunch and US approval for abatacept as key catalysts for the stock.

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