Granules India is currently trading at Rs. 112.00, up by 1.40 points or 1.27% from its previous closing of Rs. 110.60 on the BSE.
The scrip opened at Rs. 113.00 and has touched a high and low of Rs. 113.30 and Rs. 111.85 respectively. So far 18955 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 123.35 on 10-Sep-2018 and a 52 week low of Rs. 71.75 on 05-Jun-2018.
Last one week high and low of the scrip stood at Rs. 113.30 and Rs. 105.20 respectively. The current market cap of the company is Rs. 2869.18 crore.
The promoters holding in the company stood at 42.90%, while Institutions and Non-Institutions held 15.78% and 41.32% respectively.
Granules India’s wholly owned foreign subsidiary -- Granules Pharmaceuticals, Inc has received approval from US Food and Drug Administration (USFDA) for Abbreviated New Drug Application (ANDA) for Methylphenidate Hydrochloride Extended-Release capsules for 10 mg, 20 mg, 30 mg, 40 mg and 60 mg, bioequivalent to the reference listed drug product (RLD), Ritalin LA Extended-Release Capsules, 10 mg, 20 mg, 30 mg, 40 mg, and 60 mg, of Novartis Pharmaceuticals Corporation (Novartis). Methylphenidate Hydrochloride Extended-Release Capsules are used for the treatment of Attention Deficit Hyperactivity Disorder (ADHD).
Till date Granules Pharmaceuticals, Inc. had submitted total 19 ANDAs and the current approval is the third ANDA approval for the entity. Approvals for the balance 16 ANDAs are awaited.
Granules India is manufacturer and supplier of pharmaceutical products. Its products include active pharmaceutical ingredients (API) like tablets, caplets, rapid release, pharmaceutical, formulation intermediates (PFI) and Finished Dosages (FDs).
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