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24-May2018

Torrent Pharmaceuticals rises on redeeming CP worth Rs 300 crore

Torrent Pharmaceuticals is currently trading at Rs. 1328.10, up by 0.65 points or 0.05% from its previous closing of Rs. 1327.45 on the BSE.

The scrip opened at Rs. 1324.30 and has touched a high and low of Rs. 1331.55 and Rs. 1323.00 respectively. So far 404 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1472.75 on 22-Jan-2018 and a 52 week low of Rs. 1143.50 on 29-May-2017.

Last one week high and low of the scrip stood at Rs. 1,363.20 and Rs. 1,307.50 respectively. The current market cap of the company is Rs. 22463.47 crore.

The promoters holding in the company stood at 71.25%, while Institutions and Non-Institutions held 18.63% and 10.12% respectively.

Torrent Pharmaceuticals has fully redeemed commercial paper (CP) worth Rs 300 crore. The CP was issued on November 24, 2017, having maturity date of May 23, 2018.

Torrent Pharmaceuticals is Flagship Company of the Torrent group, a leader in cardiovascular and central nervous system segments. It also has presence in gastro-intestinal, diabetology, anti-infective and pain management segments.


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