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Aurobindo Pharma gains on plans of ramping up generic business in European markets

05 Aug 2014 Evaluate

Aurobindo Pharma is currently trading at Rs. 732.00, up by 14.75 points or 2.06 % from its previous closing of Rs. 717.25 on the BSE.

The scrip opened at Rs. 720.40 and has touched a high and low of Rs. 732.50 and Rs. 720.40 respectively. So far 35889 shares were traded on the counter.

The BSE group 'A' stock of face value Re. 1 has touched a 52 week high of Rs. 786.50 on 08-Jul-2014 and a 52 week low of Rs. 138.45 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs. 726.00 and Rs. 658.80 respectively. The current market cap of the company is Rs. 20904.75 crore.

The promoters holding in the company stood at 54.34 % while Institutions and Non-Institutions held 35.32 % and 10.34 % respectively.

Aurobindo Pharma is reportedly planning to ramp up its generic business in the western European markets. While, the company has acquired about 1,250 dossiers as part of its strategy to expand in the region, it is likely to launch some more new products in the current financial year.

In addition, the company is exporting 100 products from the manufacturing units in India. The company is planning to leverage on its large scale manufacturing capabilities in India apart from the existing European infrastructure.

Aurobindo Pharma manufactures generic pharmaceuticals and active pharmaceutical ingredients. The company’s robust product portfolio is spread over 6 major therapeutic/product areas encompassing Antibiotics, Anti-Retrovirals, CVS, CNS, Gastroenterologicals, and Anti-Allergics, supported by an outstanding R&D set-up.

Aurobindo Pharma Share Price

1385.65 -0.45 (-0.03%)
17-Apr-2026 16:59 View Price Chart
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