Shares of Syngene International Ltd witnessed sharp selling pressure in morning trade today, sliding more than 7% and touching a fresh 52-week low. The stock slipped to an intraday low of ₹501.90, compared with the previous close of ₹543.80, reflecting weak investor sentiment and heavy volumes on the counter.
At the opening bell, Syngene International stock began the session at ₹530.00. The intraday high stood at ₹538.50, indicating sustained pressure throughout early trading hours. As of 9:52 AM IST, trading volumes surged to 12,41,694 shares.
Syngene International Q3 FY26 results
Syngene International reported a steep 88.5% year-on-year fall in net profit for Q3 FY26, with profit dropping to ₹15 crore compared with ₹131 crore in the corresponding quarter last year.
Revenue for the quarter declined 2.8% year-on-year to ₹917 crore from ₹943 crore in Q3 FY25, indicating muted growth in the company’s core operations. Operating performance also remained under pressure, with EBITDA falling 25.9% year-on-year to ₹209.2 crore from ₹282.5 crore in the year-ago period.
The weaker operating performance led to a significant contraction in margins. EBITDA margin for the quarter stood at 22.8%, down from 30% in the same period last year.
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