Monday 18 April 2016

Alembic Pharma tanks 7%; US FDA makes four observations

The scrip opened at Rs. 565 and has touched a high and low of Rs. 565.95 and Rs. 515.55 respectively. 

Alembic Pharmaceuticals
Alembic Pharma Ltd stock was lower by 7% at Rs. 525.US FDA makes four observations at Alembic Pharma’s Taluka plant, says a report.

The scrip opened at Rs. 565 and has touched a high and low of Rs. 565.95 and Rs. 515.55 respectively. So far 17247(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 10596.53 crore.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 791.7 on 15-Jul-2015 and a 52 week low of Rs. 443 on 28-Apr-2015. Last one week high and low of the scrip stood at Rs. 590.85 and Rs. 543 respectively.

The promoters holding in the company stood at 74.13 % while Institutions and Non-Institutions held 12.92 % and 12.96 % respectively.

The stock is currently trading below its 200 DMA.

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