Elder Pharmaceuticals locked in upper circuit of 4.98% at Rs.358.85 on reports that the promoter is looking for Buyer for the company.
The Mumbai based pharmaceutical company has mandated multinational consultancy firm Ernst & young and Japanese investment banking firm Nomura Securities to manage a formal process to find a buyer through a negotiation transaction.
The stock opened at Rs.350 and hit a low of Rs. 348 on NSE.
The Mumbai based pharmaceutical company has mandated multinational consultancy firm Ernst & young and Japanese investment banking firm Nomura Securities to manage a formal process to find a buyer through a negotiation transaction.
The stock opened at Rs.350 and hit a low of Rs. 348 on NSE.
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