Bajaj Healthcare zooms on launching anti-parasitic drug ‘Ivermectin’
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Bajaj Healthcare is currently trading at Rs. 621.05, up by 33.65 points or 5.73% from its previous closing of Rs. 587.40 on the BSE.
The scrip opened at Rs. 586.90 and has touched a high and low of Rs. 625.00 and Rs. 586.90 respectively. So far 296088 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 625.00 on 06-May-2021 and a 52 week low of Rs. 238.05 on 11-May-2020.
Last one week high and low of the scrip stood at Rs. 625.00 and Rs. 475.00 respectively. The current market cap of the company is Rs. 850.38 crore.
The promoters holding in the company stood at 67.26% and Non-Institutions held 32.74%.
Bajaj Healthcare has launched Ivejaj (Ivermectin) an Anti-Parasitic Drug now widely used in control & treatment for Covid-19 patients. The company has received approval from India's drug regulator, to manufacture and market ‘Ivejaj’ the oral Ivermectin approved medication in India for the treatment of COVID-19 from May 06, 2021. IVEJAJ Tablets comprising Ivermectin. Ivermectin is an Anti-Parasitic Drugs, which is used to control parasitic roundworm infections and curing parasitic infections, helps to improve health of Covid-19 Patients. It works by paralyzing and killing parasites.
Bajaj Healthcare mainly focuses on development, manufacturing and supply of Amino Acids, Nutritional Supplements and Active Pharmaceutical Ingredients (API) for Pharmaceutical, Nutraceuticals and Food industries.
