Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Strides Shasun gains with arm receiving WHO GMP status for Kenyan facility

30-Oct2017

Strides Shasun gains with arm receiving WHO GMP status for Kenyan facility

Strides Shasun is currently trading at Rs. 849.95, up by 6.00 points or 0.71% from its previous closing of Rs. 843.95 on the BSE.

The scrip opened at Rs. 855.00 and has touched a high and low of Rs. 856.00 and Rs. 849.90 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1259.00 on 03-Feb-2017 and a 52 week low of Rs. 833.50 on 06-Oct-2017.

Last one week high and low of the scrip stood at Rs. 871.90 and Rs. 833.70 respectively. The current market cap of the company is Rs. 7,606.00 crore.

The promoters holding in the company stood at 31.12%, while Institutions and Non-Institutions held 50.12% and 18.76% respectively.

Strides Shasun's subsidiary - Universal Corporation, Kenya, has received the GMP status for its Kenyan facility from World Health Organization (WHO) confirming compliance with standards of Good Manufacturing Practices (GMP).

The company has initiated site transfer for its Anti-Retro Viral (ARV) portfolio to the facility and will participate in global donor funding and local government programs.

Strides Shasun (formerly known as Strides Arcolab) is engaged in manufacturing, sale and export of pharmaceutical products. It offers general tablets, hard gelatin and soft gelatin capsules, sachets, potent drugs and semi-solids.



Related News

View all news

Jammu & Kashmir Bank trades higher on the bourses

The Jammu & Kashmir Bank is currently trading at Rs. 42.65, up by 0.45 points or 1.07% from its previous closing of Rs. 42.20 on the BSE.The scrip opened at Rs. 42.25 and has touched a high and......

IndiGo trades in green on the BSE

Interglobe Aviation is currently trading at Rs. 843.65, up by 7.30 points or 0.87% from its previous closing of Rs. 836.35 on the BSE.The scrip opened at Rs. 848.10 and has touched a high and low of Rs.......

Mphasis slips despite reporting 37% rise in Q2 consolidated net profit

Mphasis is currently trading at Rs. 1070.00, down by 53.10 points or 4.73% from its previous closing of Rs. 1123.10 on the BSE.The scrip opened at Rs. 1107.00 and has touched a high and low of Rs. 1119.90......

Top News

View all news

IRB Infrastructure's arm achieves financial closure for Vadodara-Mumbai Expressway project

IRB Infrastructure Developers' Wholly-owned Subsidiary (SPV) -- VK1 Expressway has achieved financial closure for the project of construction of eight lane Vadodara Kim Expressway from Km 355.00 to Km......

Havells India reports 4% rise in Q2 net profit

Havells India has reported results for second quarter ended September 30, 2018.The company has reported 4.44% rise in its net profit at Rs 178.62 crore for the quarter under review as compared to Rs 171.02......

Mphasis reports 37% rise in Q2 consolidated net profit

Mphasis has reported results for second quarter ended September 30, 2018.The company has reported a rise of 9.42% in its net profit of Rs 188.94 crore for the quarter under review as compared to Rs 172.67......