Suven Life Sciences is currently trading at Rs. 24.85, up by 1.55 points or 6.65% from its previous closing of Rs. 23.30 on the BSE.
The scrip opened at Rs. 23.80 and has touched a high and low of Rs. 25.70 and Rs. 23.55 respectively. So far 93016 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 35.25 on 13-Dec-2012 and a 52 week low of Rs. 14.20 on 28-Jun-2012.
Last one week high and low of the scrip stood at Rs. 25.55 and Rs. 22.70 respectively. The current market cap of the company is Rs. 278.05 crore.
The promoters holding in the company stood at 64.06%, while Institutions and Non-Institutions held 0.06% and 35.89% respectively.
Suven Life Sciences has been granted one product patent from Japan and one from USA corresponding to the New Chemical Entities (NCEs) for the treatment of disorders associated with Neurodegenerative diseases and these patents are valid through 2028 & 2029. With these new patents, the company has a total of six granted patents from Japan and, twelve granted product patents from USA.
The granted claims of the patents include the class of selective 5-HT compounds discovered by Suven and are being developed as therapeutic agents and are useful in the treatment of cognitive impairment associated with neurodegenerative disorders like Alzheimer’s disease, Attention deficient hyperactivity disorder (ADHD), Huntington’s disease, Parkinson and Schizophrenia.
Besides, these granted patents are exclusive intellectual property of the company and are achieved through the internal discovery research efforts. The products out of these inventions may be out-licensed at various phases of clinical development like at Phase-I or Phase-II.
Suven Life Sciences is a biopharmaceutical company focused on discovering, developing and commercializing novel pharmaceutical products, which are first in class or best in class therapies through the use of GPCR targets.
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| Lupin | 2160.20 |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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