Aurobindo Pharma is currently trading at Rs. 607.45, up by 4.55 points or 0.75% from its previous closing of Rs. 602.90 on the BSE.
The scrip opened at Rs. 610.00 and has touched a high and low of Rs. 612.15 and Rs. 604.80 respectively.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 808.95 on 07-Nov-2017 and a 52 week low of Rs. 527.05 on 04-Jun-2018.
Last one week high and low of the scrip stood at Rs. 628.20 and Rs. 593.80 respectively. The current market cap of the company is Rs. 35324.37 crore.
The promoters holding in the company stood at 51.87%, while Institutions and Non-Institutions held 33.60% and 14.53% respectively.
Aurobindo Pharma’s wholly owned step-down subsidiary -- Agile Pharma BV (Netherlands) has entered into an agreement on July 13, 2018 to acquire commercial operations and certain supporting infrastructure in five European countries namely the Netherlands, Belgium, Spain, Poland and Czech Republic from Apotex International a Canadian pharmaceutical company engaged in the manufacture and marketing of pharmaceutical products.
The time period for the completion of the acquisition is within 3-6 months of the signing date. The price at which the shares are acquired euro 74 million and Aurobindo Pharma will not assume any debt as part of this transaction.
Aurobindo Pharma is engaged in manufacturing pharmaceutical products. It offers active pharmaceutical ingredients, intermediates and generic formulations like astemizole, domeperidone and omeprazole; anti-infective, oral and sterile antibiotics, pain management and osteoporosis segments.
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