Strides Shasun is currently trading at Rs. 1062.00, up by 28.45 points or 2.75% from its previous closing of Rs. 1033.55 on the BSE.
The scrip opened at Rs. 1042.00 and has touched a high and low of Rs. 1136.90 and Rs. 1040.00 respectively. So far 161193 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1412.45 on 23-Nov-2015 and a 52 week low of Rs. 848.00 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 1136.90 and Rs. 848.00 respectively. The current market cap of the company is Rs. 9428.68 crore.
The promoters holding in the company stood at 31.06% while Institutions and Non-Institutions held 46.19% and 22.76% respectively.
Strides Shasun’s wholly owned subsidiary Strides Pharma Inc. has entered into an agreement with Moberg Pharma, Sweden and its affiliates to acquire Jointflex, Fergon, and Vanquish brands for a consideration of $10 million plus inventory value at closing.
Strides Shasun (formerly known as Strides Arcolab) is engaged in manufacturing, sale and export of pharmaceutical products. It offers general tablets, hard gelatin and soft gelatin capsules, sachets, potent drugs and and semi-solids.
