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Panacea Biotec trades in fine fettle on BSE

04 Jan 2017 Evaluate

Panacea Biotec is currently trading at Rs. 127.15, up by 2.90 points or 2.33% from its previous closing of Rs. 124.25 on the BSE.

The scrip opened at Rs. 125.10 and has touched a high and low of Rs. 127.45 and Rs. 125.10 respectively. So far 8022 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 155.00 on 25-Jul-2016 and a 52 week low of Rs. 83.90 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 128.70 and Rs. 116.00 respectively. The current market cap of the company is Rs. 777.58 crore.

The promoters holding in the company stood at 74.60%, while Institutions and Non-Institutions held 0.13% and 25.27% respectively.

Panacea Biotec, India’s leading Biotechnology Company has increased availability of Life Saving Drug Cilamin250 (D-Penicillamine IP 250mg) Capsules used for treatment of Wilson’s disease in India. The production of its brand Cilamin 250 Capsules has increased due to the receipt of additional quantity of raw material. Cilamin 250 Capsule is used for treatment of Wilsons disease, Rheumatoid Arthritis and other conditions witnessed short supply in the market during the last few months due to non-availability of raw material D-Penicillamine in India.

Panacea Biotec had already released limited quantities on 9th of December 2016 to select stockiest all over India. Additional quantity has now been made available starting from 2nd January 2017 at different stockiest all over India. The company is in regular touch with Department of Pharmaceuticals, NPPA and Drug Controller General of India for facilitating regular supplies of Cilamin250 capsules in the market.

Panacea Biotec is the largest biotechnology company as well as among the top 50 pharmaceutical companies of India. The company has product portfolio that’s caters therapeutics areas like pain management, diabetes and cardiovascular management, renal disease management, osteoporosis management, anti-tubercular, gastro-intestinal.

Panacea Biotec Share Price

358.00 5.30 (1.50%)
17-Apr-2026 16:59 View Price Chart
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