Sun Pharma Raises ₹7,816 Crore in NCDs, Below ₹10,000 Crore Target
Sun Pharma raised ₹7,816 crore through five- and seven-year NCD tranches, below its planned ₹10,000 crore, as investors demanded higher returns amid rising market yields.
7,816 cr raised in NCDs VS 10,000 cr Planned Shilpy Sinha Mumbai: Sun Pharma raised 7,816 crore in five- and seven-year bond tranches, falling short of its 10,000-crore target as rising market yields meant investors demanded returns higher than what the country's biggest drugmaker was willing to pa…