Venus Remedies surge on the bourses

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

05 Dec 2013 Evaluate

Venus Remedies is currently trading at Rs. 234.50, up by 24.05 points or 11.43% from its previous closing of Rs. 210.45 on the BSE.

The scrip opened at Rs. 229.00 and has touched a high and low of Rs. 245.25 and Rs. 229.00 respectively. So far 1, 32,000 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. 245.25 and Rs. 200.05 respectively. The current market cap of the company is Rs. 268 crore.

The promoters holding in the company stood at 43.99%, while Institutions and Non-Institutions held 8.58% and 47.43% respectively.

Venus Remedies has bagged the UBM India Pharma Award for its flagship product, Elores, in the Excellence in Product Development category. The award was presented at a glittering ceremony in Mumbai on December 2. This is the second award for Elores in the first year of its launch, and the company is expecting this product to generate a revenue of around $100 million by 2017-18.

Launched in January this year, Elores is a novel antibiotic adjuvant entity that effectively counters serious hospital-acquired infections caused by multidrug-resistant extended-spectrum beta-lactamase (ESBL) and metallo-beta-lactamase (MBL)-producing gram negative bacteria.

UBM is a leading service provider for all global events-led marketing and communications business. The award ceremony recognized select, path-breaking initiatives undertaken by the pharmaceutical industry in key areas of quality, product design, cost management, packaging, corporate social responsibility and research & development

Venus Remedies Share Price

1817.00 -72.70 (-3.85%)

16-Jul-2026 14:15 View Price Chart

Peers

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Sun Pharma. Inds.	1949.80
Dr. Reddys Labs.	1225.00
Cipla	1431.60
Lupin	2502.60
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