Macquarie Bank has purchased 5 lakh shares of Strides Arcolab through an open market transaction. The shares were purchased at an average price of Rs 548 a piece on National Stock Exchange (NSE) on April 28, 2014. On the other hand, Janus Overseas Fund has sold 5.12 lakh shares of the company at Rs 545.67 a piece on NSE.
Strides Arcolab is a global pharmaceutical company headquartered in Bangalore, India that develops and manufactures wide range of IP-lead niche pharmaceutical products with an emphasis on sterile injectables.
