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Aurobindo Pharma inches up on completing acquisition of MViyeS Pharma Ventures

09 Nov 2020 Evaluate

Aurobindo Pharma is currently trading at Rs. 784.20, up by 4.75 points or 0.61% from its previous closing of Rs. 779.45 on the BSE.

The scrip opened at Rs. 790.00 and has touched a high and low of Rs. 790.00 and Rs. 780.05 respectively. So far 3863 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 967.60 on 10-Aug-2020 and a 52 week low of Rs. 281.15 on 23-Mar-2020.

Last one week high and low of the scrip stood at Rs. 797.45 and Rs. 753.00 respectively. The current market cap of the company is Rs. 45670.98 crore.

The promoters holding in the company stood at 52.01%, while Institutions and Non-Institutions held 36.68% and 11.31% respectively.

Aurobindo Pharma has completed acquisition of 100% equity share capital of MViyeS Pharma Ventures (MViyeS) on November 6, 2020. Before acquisition, MViyeS was holding 32.18% shareholding in Eugia Pharma Specialities, a joint venture company in which the company is holding the balance 67.82%. Now, both Eugia Pharma Specialities and MViyeS Pharma Ventures have become 100% subsidiaries of the Company.

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.

Aurobindo Pharma Share Price

1391.15 23.45 (1.71%)
21-Apr-2026 16:59 View Price Chart
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