Hot Pursuit     08-Apr-22
Hester Biosciences gains on getting grant of Rs 60 cr from BIRAC
Hester Biosciences rose 1.87% to Rs 2771.05 after the company announced that its board has approved the execution of Grantin-Aid Letter Agreement for grant of Rs 60 crore (in phased manner) to the company.

The pharmaceutical company received board's approval for grant of Rs 60 crore to the company by Biotechnology Industry Research Assistance Council (BIRAC), a Government of India Enterprise to support COVID vaccine manufacturing under Mission Covid Suraksha.

Hester Biosciences is one of India's leading animal healthcare companies and is the second largest poultry vaccine manufacturer in the country.

The company reported 31% fall in consolidated net profit to Rs 8.48 crore on a 2% decline in revenue from operations to Rs 55.69 crore in Q3 FY22 over Q3 FY21.

Previous News
  Hester Biosciences to discuss results
 ( Corporate News - 27-Jan-20   14:22 )
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 ( Corporate News - 25-Jan-24   11:28 )
  Hester Biosciences to convene AGM
 ( Corporate News - 22-Jun-19   09:44 )
  Hester Biosciences standalone net profit rises 82.46% in the December 2018 quarter
 ( Results - Announcements 29-Jan-19   17:23 )
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 ( Corporate News - 30-Jun-15   15:43 )
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 ( Corporate News - 30-Jun-15   16:04 )
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 ( Corporate News - 21-Jan-21   18:14 )
  Hester Biosciences to convene board meeting
 ( Corporate News - 15-Jun-20   17:17 )
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 ( Corporate News - 23-Sep-20   16:18 )
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 ( Corporate News - 05-Nov-20   16:01 )
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 ( Results - Announcements 18-Oct-07   11:45 )
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