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MoneyWorks4Me

Macquarie Bank picks 5 lakh shares of Strides Arcolab

29 Apr 2014 Evaluate

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.

Peers
Company Name CMP
Sun Pharma. Inds. 1860.00
Dr. Reddys Labs. 1371.20
Cipla 1409.00
Lupin 1990.00
Zydus Lifesciences 1195.00
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