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Caplin Point Laboratories is currently trading at Rs. 698.40, up by 15.15 points or 2.22% from its previous closing of Rs. 683.25 on the BSE.

The scrip opened at Rs. 686.10 and has touched a high and low of Rs. 709.10 and Rs. 676.70 respectively. So far 3953 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 856.00 on 02-Aug-2022 and a 52 week low of Rs. 575.00 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 709.10 and Rs. 673.10 respectively. The current market cap of the company is Rs. 5253.78 crore.

The promoters holding in the company stood at 70.66%, while Institutions and Non-Institutions held 3.01% and 26.34% respectively.

Caplin Point Laboratories’ subsidiary company -- Caplin Steriles (Caplin) has been granted final approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Ketorolac Tromethamine Injection USP, 15 mg/mL and 30 mg/mL Single-dose Vial, a generic therapeutic equivalent version of (RLD), TORADOL injection of Roche.

Ketorolac Tromethamine Injection USP is a nonsteroidal anti-inflammatory drug (NSAID), indicated for the short-term management of moderately severe acute pain. According to IQVIA (IMS Health), Ketorolac Tromethamine Injection USP had US sales of around $53 million for the 12-month period ending December 2022.

Caplin Point Laboratories is engaged mainly in manufacturing a wide range of Ointments, Creams and other External application preparations in addition to the regular segments of pharmaceutical formulations.