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Sun Pharmaceuticals trades higher on the bourses

22 May 2013 Evaluate

Sun Pharmaceuticals is currently trading at Rs. 1003.30, up by 29.65 points or 3.05% from its previous closing of Rs. 973.65 on the BSE.

The scrip opened at Rs. 978.00 and has touched a high and low of Rs. 1004.60 and Rs. 978.00 respectively. So far 69,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1004.60 on 22-May-2013 and a 52 week low of Rs. 554.00 on 05-Jun-2012.

Last one week high and low of the scrip stood at Rs. 987.80 and Rs. 958.20 respectively. The current market cap of the company is Rs. 1, 03,896 crore.

The promoters holding in the company stood at 63.68% while Institutions and Non-Institutions held 26.00% and 10.32% respectively.

Sun Pharmaceutical Industries has received an approval from High Court of Gujarat and Mumbai on May 03, 2013 for scheme of arrangement between Sun Pharmaceutical Industries (SPIL) and Sun Pharma Laboratories (SPLL) in the nature of Spin-Off and transfer of Domestic Formulation Business/Undertaking of SPIL to SPLL with effect from the appointed date of March 31, 2012.

Further the certified copies of the High Court orders will be filed with the Registrar of Companies shortly as required and the spin off process would get completed.

Sun Pharmaceuticals Industries is an international, integrated, specialty pharmaceutical company. It manufactures and markets a large basket of pharmaceutical formulations as branded generics as well as generics in India, US and several other markets across the world.

Sun Pharma Inds. Share Price

1675.20 -17.95 (-1.06%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Sun Pharma Inds. 1675.20
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