Cadila Healthcare trades higher on the BSE

24 Feb 2021 Evaluate

Cadila Healthcare is currently trading at Rs. 435.80, up by 5.40 points or 1.25% from its previous closing of Rs. 430.40 on the BSE.

The scrip opened at Rs. 430.40 and has touched a high and low of Rs. 438.00 and Rs. 430.00 respectively. So far 52902 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 509.35 on 15-Jan-2021 and a 52 week low of Rs. 212.70 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 471.10 and Rs. 421.00 respectively. The current market cap of the company is Rs. 44322.94 crore.

The promoters holding in the company stood at 74.88%, while Institutions and Non-Institutions held 16.96% and 7.97% respectively.

Zydus Cadila has received final approval from the United States Food and Drug Administration (USFDA) to market Droxidopa Capsules, 100 mg, 200 mg, and 300 mg (US RLD: Northera Capsules). Droxidopa works by constricting (narrowing) the blood vessels and increasing blood pressure. It is used to treat low blood pressure that causes severe dizziness or a lightheaded feeling. It is indicated for use in people with conditions of the nervous system that can cause low blood pressure (such as Parkinson's disease, multiple system atrophy, autonomic failure, and others).

The drug will be manufactured at the group’s formulation manufacturing facility at the SEZ, Ahmedabad. The group now has 312 approvals and has so far filed over 400 ANDAs since the commencement of the filing process in FY 2003-04.

Cadila Healthcare is an India-based pharmaceutical company. The company's subsidiaries include Zydus Wellness, Liva Pharmaceuticals, Biochem Pharmaceutical Industries, Zydus Technologies, German Remedies, Dialforhealth India, Dialforhealth Unity and Dialforhealth Greencross, among others.

Zydus Lifesciences Share Price

948.20 -2.75 (-0.29%)
26-Apr-2024 16:01 View Price Chart
Peers
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