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Marksans Pharma trades jubilantly on receiving ‘Restricted GMP Certificate’ from UK MHRA

Marksans Pharma Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 524404 | NSE: MARKSANS

17 Mar 2016 Evaluate

Marksans Pharma is currently trading at Rs. 53.40, up by 6.10 points or 12.90% from its previous closing of Rs. 47.30 on the BSE.

The scrip opened at Rs. 48.50 and has touched a high and low of Rs. 56.20 and Rs. 47.60 respectively. So far 4203041 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 115.00 on 10-Aug-2015 and a 52 week low of Rs. 33.45 on 01-Mar-2016.

Last one week high and low of the scrip stood at Rs. 56.20 and Rs. 44.75 respectively. The current market cap of the company is Rs. 2193.92 crore.

The promoters holding in the company stood at 48.25% while Institutions and Non-Institutions held 14.78% and 36.97% respectively.

Marksans Pharma has been issued ‘Restricted GMP Certificate’ from UK MHRA allowing the company to continue manufacturing and marketing of critical products for the UK markets. UK MHRA GMP had inspected Marksans’ Goa plant which was conducted from November 23, 2015 to November 25, 2015.

The restricted GMP status would continue until MHRA’s next inspection. Next re-inspection can be as early as when the Qualified Person EU (QP) certifies site to be inspection ready. Once re-inspected, the same can be reinstated to GMP compliant status. As per MHRA’s assessment, listed products manufactured by Marksans Pharma for the UK market are evaluated to be critical for public health and are allowed continuation of manufacture.

Marksans Pharma is engaged in production of prescription drugs, caters in areas like oncology, gastroenterology, antidiabetic, cardiovascular, pain management, gynaecology and others.

Marksans Pharma Share Price

179.55 -0.95 (-0.53%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1675.20
Dr. Reddys Lab	1235.40
Cipla	1238.30
Zydus Lifesciences	942.55
Lupin	2324.25
View more..

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Marksans Pharma trades jubilantly on receiving ‘Restricted GMP Certificate’ from UK MHRA

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