Nitta Gelatin India shines on launching ‘Gelixer CollagenPep’ in Tamil Nadu

28 Sep 2012

Nitta Gelatin India is currently trading at Rs. 175.00, up by 1.60 points or 0.92% from its previous closing of Rs. 173.40 on the BSE.

The scrip opened at Rs. 173.25 and has touched a high and low of Rs. 176.80 and Rs. 173.25 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 185.00 on 12-Sep-2012 and a 52 week low of Rs. 80.00 on 29-Dec-2011.

Last one week high and low of the scrip stood at Rs. 178.60 and Rs. 162.00 respectively. The current market cap of the company is Rs. 147 crore.

The promoters holding in the company stood at 80.51% while Institutions and Non-Institutions held 0.09% and 19.40% respectively.

Nitta Gelatin India has launched a food supplement for osteoarthritis ‘Gelixer CollagenPep’ in Tamil Nadu. This launch is an effort by Kochi-based Pharma Company moving from a Business-to-Business (B2B) to Business-to-Consumer (B2C) platform.

The company has planned to aggressively promote the latest product across the country in a phased manner.

Nitta Gelatin India is a joint venture of Kerala State Industrial Development Corporation (KSIDC) and Japanese firm Nitta Gelatin Inc.

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