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Venus Remedies shines as its arm inks MoU with BFUHS

01 Jan 2014 Evaluate

Venus Remedies is currently trading at Rs. 256.60, up by 8.95 points or 3.61% from its previous closing of Rs. 247.85 on the BSE.

The scrip opened at Rs. 246.45 and has touched a high and low of Rs. 256.60 and Rs. 246.45 respectively. So far 5786 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. 265.00 and Rs. 244.20 respectively. The current market cap of the company is Rs. 293 crore.

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

Venus Medicine Research Centre (VMRC), the research wing of Venus Remedies in Baddi, has signed a Memorandum of Understanding (MoU) with Baba Farid University of Health Sciences (BFUHS), Faridkot to undertake collaborative research projects and academic programmes. VMRC has been accredited for good laboratory practices.

The VMRC already has research collaborations with University of Illinois, Chicago; Institute of Microbial Technology (IMTECH), Chandigarh; Department of Microbiology, Punjab University, Chandigarh; the National Institute of Pharmaceutical Education and Research (NIPER), Mohali; Guru Jambeshwar University of Science and Technology, Hisar; Procdane Institute of Pharmaceutical Sciences, Hyderabad, etc.

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

1018.90 -0.80 (-0.08%)
21-Apr-2026 10:35 View Price Chart
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