Shasun Pharmaceuticals is currently trading at Rs. 173.40, up by 0.75 points or 0.43% from its previous closing of Rs. 172.65 on the BSE.
The scrip opened at Rs. 175.05 and has touched a high and low of Rs. 181.50 and Rs. 166.00 respectively. So far 193399 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 196.70 on 08-Jul-2014 and a 52 week low of Rs. 49.00 on 05-Aug-2013.
Last one week high and low of the scrip stood at Rs. 196.70 and Rs. 146.35 respectively. The current market cap of the company is Rs. 1018.20 crore.
The promoters holding in the company stood at 39.23%, while Institutions and Non-Institutions held 20.42% and 40.35% respectively.
Shasun Pharmaceuticals, a global pharmaceutical organization offering world class capabilities and facilities has successfully completed both US FDA and Mexican COFEPRIS (Mexican Regulatory Authority) inspection at its API facility at Cuddalore in Tamil Nadu, India. The USFDA audit was held on second week of June 2014 and the Mexican COFEPRIS audit by APIF was held during the last week of June 2014.
On completion of the inspection, the USFDA inspectors concluded that the facility, systems and practices comply with USFDA requirements with minor 483s and on completion of the inspection APIF concluded that Shasun's compliance with current Good Manufacturing Practices (cGMP) are fully met and a formal GMP certificate will be issued by COFEPRIS in due course.
Shasun Pharmaceuticals manufactures active pharmaceutical ingredients (APIs), their intermediates and enteric coating excipients with a significant presence in some key generics. Shasun has created a strong product portfolio, building on its R&D Expertise, regulatory capabilities and multi scale production capacities. It is one of the largest producers of Ibuprofen worldwide.
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