Unichem Laboratories is currently trading at Rs. 252.00, up by 3.10 points or 1.25% from its previous closing of Rs. 248.90 on the BSE.
The scrip opened at Rs. 248.80 and has touched a high and low of Rs. 252.00 and Rs. 248.80 respectively. So far 2891 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 319.90 on 20-Oct-2016 and a 52 week low of Rs. 239.05 on 30-May-2017.
Last one week high and low of the scrip stood at Rs. 264.10 and Rs. 245.65 respectively. The current market cap of the company is Rs. 2289.40 crore.
The promoters holding in the company stood at 50.08%, while institutions and non-institutions held 16.66% and 33.26% respectively.
In order to strengthen its R&D activity and expand operations in the US market, Unichem Laboratories has lined up capex of around Rs 350 crore for the next two years. The company, which focuses on various therapeutic segments like gastroenterology and cardiology, expects its US revenues to cross $100 million over the next few years. The long term aim of the company is to cross $500 million in revenues from the US operations.
Unichem Laboratories is an international, integrated, specialty pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India and several other markets across the world.
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