Torrent Evasive On Cipla Question, But Comfortable With Domestic Acquisitions

Brazil Sales Force Expanded

Torrent management avoided commenting on valuations or whether big-ticket acquisitions are on the cards during a call to discuss fiscal Q2 results, as it faced a volley of questions on the topic following media reports of its interest in acquiring Cipla. Meanwhile, the Brazil business posted handsome gains during the quarter, while the US business shrunk

My Lips Are Sealed
Torrent's Management Cagey On Questions Related to Speculated Cipla Acquisition • Source: Shutterstock

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