Natco Pharma is currently trading at Rs. 593.65, up by 3.50 points or 0.59% from its previous closing of Rs. 590.15 on the BSE.
The scrip opened at Rs. 589.35 and has touched a high and low of Rs. 594.90 and Rs. 584.50 respectively. So far 2924 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 703.95 on 25-Aug-2016 and a 52 week low of Rs. 390.00 on 29-Mar-2016.
Last one week high and low of the scrip stood at Rs. 613.70 and Rs. 583.00 respectively. The current market cap of the company is Rs. 10285.03 crore.
The promoters holding in the company stood at 51.28%, while institutions and non-institutions held 25.89% and 22.83% respectively.
Natco Pharma has launched its first generic equivalent of TAMIFLU oral capsules (Roche’s trade name for oseltamivir phosphate capsules), 30 mg, 45 mg and 75 mg through its marketing partner Alvogen in the USA market, as of December 12, 2016. TAMIFLU oral capsules had US sales of approximately $403 million for twelve months ending December 2015, according to IMS Health.
The pharma major had last month received final approval of Abbreviated New Drug Application (ANDA) containing a paragraph IV certification filed with the US Food and Drug Administration (USFDA) for generic version of Armodafinil Tablets, 50 mg, 150 mg, and 250 mg.
Natco Pharma was promoted as a private company to be in the business of research, developing, manufacturing and marketing of pharmaceutical substances and finished dosage forms for Indian and International markets.
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