Tepid 4Q for Indian firms amid ANDA trickle, currency woes?

Fourth quarter earnings seasons in India may by and large be a lukewarm affair, with a slowdown in the number of ANDA approvals, currency headwinds and continuing FDA scrutiny at domestic sites expected to rein in growth across a clutch of Indian firms.

Fourth quarter earnings seasons in India may by and large be a lukewarm affair, with a slowdown in the number of ANDA approvals, currency headwinds and continuing FDA scrutiny at domestic sites expected to rein in growth across a clutch of Indian firms.

At least two brokerages cited how the absence of "meaningful" ANDA approvals and currency issues, among others, could translate into...

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