Cadila Healthcare trades higher on the bourses

23 Feb 2022 Evaluate

Cadila Healthcare is currently trading at Rs. 372.00, up by 5.25 points or 1.43% from its previous closing of Rs. 366.75 on the BSE.

The scrip opened at Rs. 370.00 and has touched a high and low of Rs. 376.55 and Rs. 368.00 respectively. So far 104837 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 673.70 on 12-May-2021 and a 52 week low of Rs. 355.70 on 22-Feb-2022.

Last one week high and low of the scrip stood at Rs. 387.85 and Rs. 355.70 respectively. The current market cap of the company is Rs. 38165.12 crore.

The promoters holding in the company stood at 74.88%, while Institutions and Non-Institutions held 15.66% and 9.46% respectively.

Zydus Cadila has received final approval from the USFDA to market Dapagliflozin Tablets in the strengths of 5 mg and 10 mg (USRLD: Farxiga). Dapagliflozin is used with a proper diet and exercise program to control high blood sugar in people with type 2 diabetes. Dapagliflozin also lowers the risk of heart failure in adults with type 2 diabetes with heart disease. It is also used to lower the risk of further worsening of kidney disease, end-stage kidney disease (ESKD), death due to cardiovascular disease, and hospitalization for heart failure in adults with chronic kidney disease. Dapagliflozin works by increasing the removal of sugar by kidneys.

The drug will be manufactured at the group’s formulation manufacturing facility at the SEZ, Ahmedabad. The group now has 328 approvals and has so far filed over 400 ANDAs since the commencement of the filing process in FY 2003-04.

Cadila Healthcare is an India-based pharmaceutical company. The company's subsidiaries include Zydus Wellness, Liva Pharmaceuticals, Biochem Pharmaceutical Industries, Zydus Technologies, German Remedies, Dialforhealth India, Dialforhealth Unity and Dialforhealth Greencross, among others.


Zydus Lifesciences Share Price

1004.00 2.15 (0.21%)
01-Nov-2024 18:59 View Price Chart
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