Ranbaxy Laboratories is currently trading at Rs. 474.95, up by 9.10 points or 1.95% from its previous closing of Rs. 465.85 on the BSE.
The scrip opened at Rs. 465.85 and has touched a high and low of Rs. 478.00 and Rs. 462.00 respectively. So far 1,35,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 570.00 on 02-Aug-2011 and a 52 week low of Rs. 366.50 on 19-Dec-2011.
Last one week high and low of the scrip stood at Rs. 478.00 and Rs. 417.30 respectively. The current market cap of the company is Rs. 20,044.00 crore.
The promoters holding in the company stood at 63.68% while Institutions and Non-Institutions held 19.96% and 14.60% respectively.
Ranbaxy Laboratories has commenced exports of Atorvastatin Calcium Oral Tablets to the US market, from its Mohali SEZ manufacturing facility, located in Punjab, India. The first consignment of Atorvastatin Tablets has been dispatched to the US market in March 2012. The supply of Atrovastatin tablets from India supplements the company’s current production from Ohm Laboratories Inc, USA.
Ranbaxy’s dosage facility at Mohali was approved by the US Food and Drug Administration (USFDA) in October 2011. Thereafter, in the first quarter of 2012, the company received approval from the USFDA to manufacture and market Atorvastatin 10mg, 20mg, 40mg and 80mg tablets. Earlier, international regulatory authorities such as the WHO-Geneva, National Medicine and Medical Devices Agency (NMMDA) - Romania, ANVISA- Brazil, TGA- Australia, Canada Health-Canada etc. had also approved the company's Mohali facility.
The new facility at Mohali will manufacture oral solid products for export to US, EU and other countries based on filings and after receiving the necessary approvals. It is equipped with the latest state-of-the-art technology, designed to meet global and local regulatory requirement and conforms to cGMP standards.
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