SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sun Pharma shines as its arm enters into license agreement with Ferring Pharmaceuticals

02 Jun 2021 Evaluate

Sun Pharmaceutical Industries is currently trading at Rs. 676.60, up by 5.35 points or 0.80% from its previous closing of Rs. 671.25 on the BSE.

The scrip opened at Rs. 673.50 and has touched a high and low of Rs. 678.00 and Rs. 666.00 respectively. So far 440927 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 721.90 on 11-May-2021 and a 52 week low of Rs. 452.60 on 29-Oct-2020.

Last one week high and low of the scrip stood at Rs. 710.00 and Rs. 659.00 respectively. The current market cap of the company is Rs. 162434.98 crore.

The promoters holding in the company stood at 54.48%, while Institutions and Non-Institutions held 33.29% and 12.23% respectively.

Sun Pharmaceutical Industries has declared that one of its wholly owned subsidiaries has entered into a license agreement with Ferring Pharmaceuticals (Ferring), a subsidiary of Switzerland-based biopharmaceuticals MNC Ferring Pharmaceuticals, to commercialize a Room Temperature Stable (RTS) formulation of obstetric drug, CARITEC (Carbetocin RTS) in India. CARITEC is indicated for the prevention of excessive bleeding in women after vaginal or caesarean child birth. The condition is commonly known as post-partum hemorrhage (PPH).

As per agreement terms, Sun Pharma is granted rights for co-marketing of the drug in India in the private market under the brand name CARITEC. Ferring has developed the drug and received approval from the Drugs Controller General of India (DCGI) for introducing the drug in India.

Sun Pharma is the world's fourth largest specialty generic pharmaceutical company and India's top pharmaceutical company.

Sun Pharma Inds. Share Price

1673.55 5.55 (0.33%)
21-Apr-2026 13:03 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1673.55
Dr. Reddys Lab 1220.90
Cipla 1231.15
Zydus Lifesciences 927.40
Lupin 2324.30
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:

×