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Bal Pharma touches roof on launching Favipiravir formulation into Indian market

25 May 2021 Evaluate

Bal Pharma is locked its upper circuit limit at Rs. 98.40, up by 4.65 points or 4.96% from its previous closing of Rs. 93.75 on the BSE.

The scrip opened at Rs. 98.40 and has touched a high and low of Rs. 98.40 and Rs. 98.40 respectively. So far 999 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 137.95 on 28-Apr-2021 and a 52 week low of Rs. 35.05 on 27-May-2020.

Last one week high and low of the scrip stood at Rs. 101.00 and Rs. 88.00 respectively. The current market cap of the company is Rs. 145.85 crore.

The promoters holding in the company stood at 44.98% and Non-Institutions held 55.02%.

Bal Pharma has launched Favipiravir formulation into Indian market, under the brand name BALflu. Favipiravir is an emerging anti-viral drug used for patients with mild to moderate Covid-19 infection. This formulation is available in tablets form with 400 mg strength. Favipiravir inhibits and terminates viral protein synthesis and induces lethal metagenesis of influenza virus.

BALflu (Favipiravir) is approved by Drug Controller General of India (DCGI) for emergency use for the treatment of COVID-19 with an recommended dosage of 1800 mg on the first day followed by 800 mg from day 2 to 14.

Bal Pharma, incorporated in 1987 is engaged in the business interest in area of manufacturing API, finished formulations, ayurvedic and research and development. It is one of the leading Indian pharmaceutical companies that focuses on prescription drugs, generic, OTC products, intravenous infusion and bulk actives.

Bal Pharma Share Price

77.19 -1.28 (-1.63%)
21-Apr-2026 16:59 View Price Chart
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