Aurobindo Pharma is currently trading at Rs. 192.95, up by 4.40 points or 2.33% from its previous closing of Rs. 188.55 on the BSE.
The scrip opened at Rs. 189.20 and has touched a high and low of Rs. 194.40 and Rs. 185.25 respectively. So far 1, 79,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 204.90 on 07-Jan-2013 and a 52 week low of Rs. 95.55 on 19-Jan-2012.
Last one week high and low of the scrip stood at Rs. 196.40 and Rs. 183.45 respectively. The current market cap of the company is Rs. 5,616 crore.
The promoters holding in the company stood at 54.76% while Institutions and Non-Institutions held 30.42% and 14.82% respectively.
Aurobindo Pharma has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Felodipine Extended-release Tablets USP 2.5mg, 5mg, and 10mg. The product has been approved out of Unit VII (SEZ) formulations facility in Hyderabad, India.
Felodipine extended-release tablets USP 2.5mg, 5mg, and 10mg is the generic equivalent of AstraZeneca’s Plendil Extended-release Tablets, 2.5mg, 5mg and 10mg and indicated for the treatment of hypertension, to lower blood pressure. Lowering blood pressure lowers the risk of fatal and non-fatal cardiovascular events, primarily strokes and myocardial infarctions.
The annual sale of the product is approximately $64 million for the twelve months ending March 2012 according to IMS. Aurobindo now has a total of 172 ANDA approvals (147 Final approvals including 2 from Aurolife Pharma LLC and 25 Tentative approvals) from USFDA.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1872.40 |
| Dr. Reddys Lab | 1279.70 |
| Cipla | 1304.70 |
| Zydus Lifesciences | 956.65 |
| Lupin | 2245.65 |
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