Aurobindo Pharma is currently trading at Rs. 894.80, up by 7.10 points or 0.80% from its previous closing of Rs. 887.70 on the BSE.
The scrip opened at Rs. 894.10 and has touched a high and low of Rs. 907.95 and Rs. 888.85 respectively. So far 65541 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. 923.00 and Rs. 885.15 respectively. The current market cap of the company is Rs. 52365.33 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 received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Dexmedetomidine Hydrochloride in 0.9% Sodium Chloride Injection, 200 mg/50 mL and 400 mg/100 mL Single Dose flexible containers (Bags). The company’s Dexmedetomidine HCI in 0.9% Sodium Chloride Injection is a therapeutic equivalent generic version of Hospira’s Precedex in 0.9% Sodium Chloride Injection. The product will be launched in January 2021.
This is the 79th ANDA to be approved out of Unit IV formulation facility in Hyderabad, India used for manufacturing injectable & ophthalmic products. The company now has a total of 459 ANDA approvals (431 Final approvals and 28 tentative approvals) from USFDA.
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.
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