SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Unichem Lab shines on receiving nod to sell new formulation manufacturing unit

18 Feb 2013 Evaluate

Unichem Laboratories is currently trading at Rs. 184.15, up by 8.45 points or 4.81% from its previous closing of Rs. 175.70 on the BSE.

The scrip opened at Rs. 183.00 and has touched a high and low of Rs. 193.45 and Rs. 178.50 respectively. So far 54,915 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 216.80 on 10-Jan-2013 and a 52 week low of Rs. 124.25 on 04-Jun-2012.

The current market cap of the company is Rs. 1,665.00 crore.

The promoters holding in the company stood at 49.53% while Institutions and Non-Institutions held 13.97% and 36.50% respectively.

Unichem Laboratories has received an approval for sale of new formulation manufacturing unit located at Industrial Area, Special Economic Zone, Phase 2, of Tehsil Dhar of the Dhar District in Madhya Pradesh. The board of the company at its meeting held on February 15, 2013 has approved for the same.

The site with an area admeasuring 117,301 square meters along with all assets comprising the formulation unit, will be sold on a slump sale basis to Mylan Laboratories for a total consideration of Rs 160.50 crore.

The above is however subject to execution of a definitive agreement(s) between the company and Mylan, reflecting detail terms and condition for the proposed sale and subject to approval of shareholders through a postal ballot and on receipt of requisite/regulatory approvals.

Unichem Laboratories is engaged in manufacturing formulations, pharmaceuticals and active pharmaceutical ingredients (APIs). The company was promoted by the late Amrut Mody, a pioneer in the Indian pharmaceuticals business.

Unichem Lab Share Price

350.85 4.85 (1.40%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1675.20
Dr. Reddys Lab 1235.40
Cipla 1238.30
Zydus Lifesciences 942.55
Lupin 2324.25
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:

×