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Celestial Biolabs gains on launching ‘Cadalmin GAe’

Celestial Biolabs Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 532871 | NSE: CELESTIAL

20 Sep 2013 Evaluate

Celestial Biolabs is currently trading at Rs 18.00, up by 0.15 points or 0.84% from its previous closing of Rs 17.85 on the BSE.

The scrip opened at Rs 16.75 and has touched a high and low of Rs 18.00 and Rs 16.75 respectively. So far 4762 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 20.10 on 26-Aug-2013 and a 52 week low of Rs 8.75 on 05-Mar-2013.

Last one week high and low of the scrip stood at Rs 19.25 and Rs 16.95 respectively. The current market cap of the company is Rs 25.85 crore.

The promoters holding in the company stood at 38.62% while and Non-Institutions held and 61.38 %.

Celestial Biolabs has launched a new product ‘Cadalmin GAe' which is a break through research in the management of joint paints of any aetiology. Cadalmin GAe provides relief to people suffering from Arthritis, Lumbago, Gout, Rheumatoid, Low back ache, Sciatica etc. This product is developed at CMFRI (Central Marine Fisheries Research Institute) a prestigious institute of Indian Council of Agricultural Research. This new product is a result of Experimental & clinical study exhibited Cadalmin GAe to be Mother Nature's first ever effective, well tolerated, safe research molecule devoid of harmful side effects.

Celestial Biolabs (CBL) has been supporting Pharma, Bio-pharma and Biotech manufacturing with customized ITsolutions and contract research. CBL also involved in the R&D, commercial production and marketing of enzymes, nutraceuticals. Celestial Biolabs is setting up a biotechnology facility in Genome Valley at Hyderabad, India to manufacture its own drug molecules, industrial enzymes and to contract research activities.

Celestial Biolabs Share Price

2.43 0.00 (0.00%)

11-Mar-2020 18:01 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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Celestial Biolabs gains on launching ‘Cadalmin GAe’

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