Jubilant Life Sciences is currently trading at Rs. 170.55, up by 6.35 points or 3.87% from its previous closing of Rs. 164.20 on the BSE.
The scrip opened at Rs. 169.50 and has touched a high and low of Rs. 174.50 and Rs. 169.50 respectively. So far 58,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 222.00 on 13-Jun-2014 and a 52 week low of Rs. 115.25 on 25-Feb-2014.
Last one week high and low of the scrip stood at Rs. 174.50 and Rs. 153.35 respectively. The current market cap of the company is Rs. 2,716.00 crore.
The promoters holding in the company stood at 54.02% while Institutions and Non-Institutions held 23.38% and 22.60% respectively.
Jubilant Life Sciences, an integrated Pharmaceuticals and Life Sciences Company, has received Abbreviated New Drug Application (ANDA) final approval from the US Food and Drug Administration (USFDA) for Irbesartan Tablets USP, 75 mg, 150 mg, and 300 mg and Cetirizine Hydrochloride Tablets (Chewable), 5 mg and 10 mg.
Irbesartan Tablets USP, 75 mg, 150 mg, and 300 mg is the generic version of Avapro (of Sanofi-Aventis), which is used for treating hypertension and nephropathy in type II diabetic patients. The total market size for Irbesartan Tablets as per IMS is approximately $50 million per annum.
Cetirizine Hydrochloride Tablets (Chewable), 5 mg and 10 mg is the generic version of Zyrtec Chewable Tablets (of Mcneil), used as an anti-histamine for the treatment of allergies.
Jubilant Life Sciences had a total of 781 filings for formulations of which 333 have been approved in various regions globally, as on December 31, 2014. This includes 72 ANDAs filed in the US, of which 35 have been approved and 46 Dossier filings in Europe. The company has so far received 9 ANDA approvals during FY 2015.
| Company Name | CMP |
|---|---|
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| Cipla | 1228.90 |
| Zydus Lifesciences | 936.35 |
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