SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Makers Laboratories touches roof on getting nod to acquire stake in Resonance Specialties

30 Sep 2020 Evaluate

Makers Laboratories is currently trading at its upper circuit limit of Rs. 87.65, up by 4.15 points or 4.97% from its previous closing of Rs. 83.50 on the BSE.

The scrip opened at Rs. 86.00 and has touched a high and low of Rs. 87.65 and Rs. 86.00 respectively. So far 7820 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 97.95 on 27-Aug-2020 and a 52 week low of Rs. 23.20 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 87.65 and Rs. 76.30 respectively. The current market cap of the company is Rs. 43.10 crore.

The promoters holding in the company stood at 58.37% and Non-Institutions held 41.63%.

Makers Laboratories has received approval from board of directors for acquiring/ purchasing/ investing in the Equity Shares of Resonance Specialties through negotiated deal either by way of open market purchase or through a share purchase agreement or both with willing sellers and also acquire controlling interest in Resonance Specialties along with Kaygee Investments, a person acting in concert. As per the Share Purchase Agreement, the company will acquire 45.48% voting rights in the Resonance Specialties and Kaygee Investments, a person acting in concert will acquire 8.76% voting rights. This acquisition is subject to all the requisite regulatory approvals.

The Board of Directors of the Company have also approved making of an Open Offer, along with Kaygee Investments being a person acting in concert, to the public shareholders of the Resonance Specialties pursuant to the applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Makers Laboratories is engaged in manufacturing pharmaceutical formulations and drug intermediaries. The product portfolio of the company includes Tablets & Capsules,Liquids (Oral),Injectables,Drugs (Intermediates)and Creams & Ointments.

Makers Laboratories Share Price

157.70 -2.95 (-1.84%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1675.20
Dr. Reddys Lab 1235.40
Cipla 1238.30
Zydus Lifesciences 942.55
Lupin 2324.25
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×