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19-Mar2019

Alembic Pharmaceuticals gains on raising Rs 150 crore via NCDs

Alembic Pharmaceuticals is currently trading at Rs. 542.00, up by 2.85 points or 0.53% from its previous closing of Rs. 539.15 on the BSE.

The scrip opened at Rs. 542.60 and has touched a high and low of Rs. 546.00 and Rs. 541.00 respectively. So far 558 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 664.00 on 27-Sep-2018 and a 52 week low of Rs. 412.40 on 24-May-2018.

Last one week high and low of the scrip stood at Rs. 554.00 and Rs. 537.55 respectively. The current market cap of the company is Rs. 10218.51 crore.

The promoters holding in the company stood at 72.96%, while Institutions and Non-Institutions held 15.05% and 11.99% respectively.

Alembic Pharmaceuticals has raised Rs 150 crore through allotted of 1,500 at 8.37% Unsecured Listed Rated Redeemable Non-Convertible Debentures (NCDs) of Rs 10 lakh per NCD under Tranche III. The NCD Committee of the Company at its meeting held on March 19, 2019 has allotted the same.

Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, has been at the forefront of Healthcare since 1907.


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