Torrent Pharmaceuticals surges on raising Rs 195 crore via NCDs

27 Apr 2020 Evaluate
Torrent Pharmaceuticals is currently trading at Rs. 2457.00, up by 25.40 points or 1.04% from its previous closing of Rs. 2431.60 on the BSE.

The scrip opened at Rs. 2470.00 and has touched a high and low of Rs. 2499.80 and Rs. 2442.05 respectively. So far 4491 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2679.45 on 09-Apr-2020 and a 52 week low of Rs. 1453.00 on 23-Jul-2019.

Last one week high and low of the scrip stood at Rs. 2550.00 and Rs. 2247.00 respectively. The current market cap of the company is Rs. 41963.76 crore.

The promoters holding in the company stood at 71.25%, while Institutions and Non-Institutions held 20.80% and 7.95% respectively.

Torrent Pharmaceuticals has raised Rs 195 crore and allotted Non Convertible Debentures (NCDs) on private placement basis, with coupon rate of 7.70% p.a. The date of maturity of the said instruments is April 24, 2023.

Torrent Pharmaceuticals is Flagship Company of the Torrent group, a leader in cardiovascular and central nervous system segments. It also has presence in gastro-intestinal, diabetology, anti-infective and pain management segments.

Torrent Pharma Share Price

2513.00 -51.05 (-1.99%)
28-Mar-2024 16:01 View Price Chart
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