Strides Shasun jumps 2% on USFDA nod

The stock opened higher at Rs. 1,390 as against its previous close of Rs. 1,362.80.

Shares of Strides Shasun Ltd are currently trading 1. 85% higher at Rs. 1,389.50 on BSE after the company received USFDA’s approval for Dutasteride Softgel Capsule.

The stock opened higher at Rs. 1,390 as against its previous close of Rs. 1,362.80. It hit a high and a low of Rs. 1,412.45 and Rs. 1,386. So far total 1,71,899 shares (BSE+NSE) have changed hands. 

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1402.45 on 18-Nov-2015 and a 52 week low of Rs. 720 on 25-Nov-2014. Last one week high and low of the scrip stood at Rs. 1402.45 and Rs. 1275 respectively.

The promoters holding in the company stood at 27.65 % while Institutions and Non-Institutions held 44.42 % and 27.94 % respectively.

The stock is currently trading below its 50 DMA.