Lyka Labs is currently trading at Rs. 52.35, up by 1.85 points or 3.66% from its previous closing of Rs. 50.50 on the BSE.
The scrip opened at Rs. 52.45 and has touched a high and low of Rs. 52.75 and Rs. 51.85 respectively. So far 4,180 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 78.00 on 21-Jul-2016 and a 52 week low of Rs. 45.00 on 23-May-2017.
Last one week high and low of the scrip stood at Rs. 52.75 and Rs. 46.00 respectively. The current market cap of the company is Rs. 115.38 crore.
The promoters holding in the company stood at 23.99%, while Institutions and Non-Institutions held 6.44% and 69.57% respectively.
Lyka Labs has entered into out-licensing / technology transfer deal with a US based Generics Company. It has entered an out-licensing / technology transfer deal for a basket of 12 Sterile Injectable Formulations for Manufacturing, Sales & Distribution in the United State of America.
The market size of the licensed formulations is approximately $ 1.4 billion, as per IMS MAT March 2017. The company will be eligible for a royalty on end sales. Going forward, the company will continue to explore opportunities to monetize its R&D capabilities in the regulated markets throughout-licensing partnerships.
Lyka Labs is engaged in the manufacture of pharmaceutical products. It also manufactures Veterinary products including injections, powders, creams and suspensions. The company offers various surgical disposables, such as syringes, surgical blades, cotton crepe bandage and first aid kits.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1669.20 |
| Dr. Reddys Lab | 1232.00 |
| Cipla | 1230.90 |
| Zydus Lifesciences | 938.00 |
| Lupin | 2328.50 |
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