Torrent Pharma marginally up on FDA nod for Celebrex

The company has received US FDA nod for generic of Pfizer's Celebrex

Shares of Torrent Pharma plunged in early trades despite the company receiving US FDA nod for generic of Pfizer's Celebrex. The company’s shares are currently trading 0.22% higher at Rs. 1,463.65 on BSE.

The scrip opened higher at Rs. 1,480 as against its previous close of Rs. 1,460.40. It hit a high and a low of Rs. 1,494.95 and Rs. 1,459 respectively. So far, total 13,000 shares have changed hands on BSE. 

The scrip opened at Rs. 1480 and has touched a high and low of Rs. 1494.95 and Rs. 1459 respectively. So far 129619(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 24712.89 crore.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1720 on 01-Sep-2015 and a 52 week low of Rs. 1033 on 27-Feb-2015. Last one week high and low of the scrip stood at Rs. 1483.5 and Rs. 1450 respectively.

The promoters holding in the company stood at 71.25 % while Institutions and Non-Institutions held 18.46 % and 10.3 % respectively.

The stock is currently trading above its 100 DMA.