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Alembic Pharmaceuticals surges on the BSE

23 Sep 2019 Evaluate

Alembic Pharmaceuticals is currently trading at Rs. 541.55, up by 23.80 points or 4.60 % from its previous closing of Rs. 517.75 on the BSE.

The scrip opened at Rs. 510.90 and has touched a high and low of Rs. 567.55 and Rs. 510.05 respectively. So far 8969 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 664.00 on 27-Sep-2018 and a 52 week low of Rs. 435.10 on 21-Jun-2019.

Last one week high and low of the scrip stood at Rs. 567.55 and Rs. 492.65 respectively. The current market cap of the company is Rs. 10348.58 crore.

The promoters holding in the company stood at 72.97%, while Institutions and Non-Institutions held 14.97% and 12.06% respectively.

Alembic Pharmaceuticals (Alembic) and Orbicular Pharmaceutical Technologies’ (Orbicular) Joint venture  -- Aleor Dermaceuticals (Aleor) has completed United States Food and Drug Administration (USFDA) inspection at its formulation manufacturing facility located at Karakhadi, Gujarat, India; with one observation. The inspection was carried out from September 16, 2019 to September 20, 2019.

Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, has been at the forefront of Healthcare since 1907.

Peers
Company Name CMP
Sun Pharma. Inds. 1835.50
Dr. Reddys Labs. 1171.10
Cipla 1371.45
Lupin 2144.70
Zydus Lifesciences 1153.00
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