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Venus Remedies trades higher on the BSE

Venus Remedies Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 526953 | NSE: VENUSREM

20 Aug 2013 Evaluate

Venus Remedies is currently trading at Rs 173.20, up by 2.40 points or 1.41% from its previous closing of Rs 170.80 on the BSE.

The scrip opened at Rs 162.35 and has touched a high and low of Rs 174.00 and Rs 162.30 respectively. So far 10812 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 358.05 on 15-May-2013 and a 52 week low of Rs 140.00 on 02-Aug-2013.

Last one week high and low of the scrip stood at Rs 202.00 and Rs 170.80 respectively. The current market cap of the company is Rs 193.37 crore.

The promoters holding in the company stood at 43.99% while Institutions and Non-Institutions held 9.95% and 46.06% respectively.

Venus Pharma GmbH, a subsidiary of Venus Remedies, has made big strides in the global market by bagging marketing authorisation (MA) approval from France for Meropenem, a generic broad spectrum antibiotic injectable. It has signed a non-exclusive marketing rights deal with generic giant Mylan to sell Meropenem in France world's fifth largest pharmaceutical market with a market share of 3.8%.

Driven by its MA grants, Venus is all set to grab the maximum share in the $270-million Meropenem market in the EU in the near future. Meropenem is an off-patented generic broad spectrum anti-bacterial agent of carbapenem family, which fights diseases with a broad range of serious infections caused by single or multiple susceptible bacteria in both adults and children.

Venus Remedies is a pharmaceutical manufacturing company. The company provides formulations in area of antibiotics and oncological therapeutics. The company has two manufacturing facilities located in India and Germany. It manufactures Oncological and Cefelosporine Injectable products.

Venus Remedies Share Price

1042.35 3.25 (0.31%)

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..

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Venus Remedies trades higher on the BSE

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