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Aurobindo Pharma declines on recalling Venlafaxine Hydrochloride capsules in US

23 Feb 2017 Evaluate

Aurobindo Pharma is currently trading at Rs. 673.40, down by 4.45 points or 0.66% from its previous closing of Rs. 677.85 on the BSE.

The scrip opened at Rs. 678.00 and has touched a high and low of Rs. 680.00 and Rs. 672.55 respectively. So far 30622 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 895.00 on 06-Oct-2016 and a 52 week low of Rs. 582.00 on 25-Feb-2016.

Last one week high and low of the scrip stood at Rs. 698.00 and Rs. 658.55 respectively. The current market cap of the company is Rs. 39399.47 crore.

The promoters holding in the company stood at 51.94%, while Institutions and Non-Institutions held 35.07% and 13.00% respectively.

Aurobindo Pharma’s US arm is recalling 47,040 bottles of Venlafaxine Hydrochloride extended release capsules, manufactured by the Hyderabad-based firm, from the American market. Venlafaxine hydrochloride extended-release capsules are indicated for the treatment of major depressive disorder.

Aurobindo Pharma USA Inc is recalling 47,040 bottles of Venlafaxine Hydrochloride extended release capsules in the strength of 37.5 mg in a nationwide recall in the US. As per the United States Food and Drug Administration (USFDA) the recall is on account of failed tablet/capsule specifications: some bottles contain punctured, and/or clumped /melted capsules.

The voluntary ongoing recall is a Class II recall. According the FDA, a class II recall is initiated in a situation in which use of or exposure to a violative product may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote.

Aurobindo Pharma Share Price

1478.55 -4.85 (-0.33%)
07-May-2026 16:59 View Price Chart
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