Natco Pharma Ltd.

BSE: 524816 | NSE: NATCOPHARM
Small Cap | Pharmaceuticals & Drugs
927.15
3.50 (0.38%)
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Natco Pharma surges on raising Rs 340.88 crore through QIP issue

Date: 16-09-2015

Natco Pharma is currently trading at Rs. 2249.20, up by 24.20 points or 1.09% from its previous closing of Rs. 2225.00 on the BSE.

The scrip opened at Rs. 2260.00 and has touched a high and low of Rs. 2273.30 and Rs. 2235.00 respectively. So far 2008 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2709.00 on 07-Apr-2015 and a 52 week low of Rs. 1245.40 on 20-Oct-2014.

Last one week high and low of the scrip stood at Rs. 2273.30 and Rs. 2122.85 respectively. The current market cap of the company is Rs. 7526.20 crore.

The promoters holding in the company stood at 53.76% while Institutions and Non-Institutions held 15.02% and 31.23% respectively.

Natco Pharma has raised Rs 340.88 crore by issuing shares to qualified institutional buyers. The company has issued 16 lakh shares at a price of Rs 2,130.55 each.

Natco Pharma was promoted as a private company to be in the business of research, developing, manufacturing and marketing of pharmaceutical substances and finished dosage forms for Indian and International markets.