JB Chemicals & Pharmaceuticals gains on launching medicated nicotine lozenges to help quit smoking
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JB Chemicals & Pharmaceuticals is currently trading at Rs. 1469.80, up by 17.40 points or 1.20% from its previous closing of Rs. 1452.40 on the BSE.
The scrip opened at Rs. 1464.00 and has touched a high and low of Rs. 1489.50 and Rs. 1437.60 respectively. So far 11381 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1514.00 on 10-May-2021 and a 52 week low of Rs. 658.10 on 26-Jun-2020.
Last one week high and low of the scrip stood at Rs. 1490.00 and Rs. 1401.00 respectively. The current market cap of the company is Rs. 11425.77 crore.
The promoters holding in the company stood at 55.91%, while Institutions and Non-Institutions held 20.71% and 23.38% respectively.
JB Chemicals & Pharmaceuticals has launched medicated nicotine lozenges that will help reduce the urge to consume or smoke tobacco. On the occasion of 'World No Tobacco Day', the drug maker has also launched an Artificial Intelligence-enabled chatbot 'Dr Will', which would encourage and support tobacco smokers to quit smoking.
JB Chemicals & Pharmaceuticals is engaged in manufacturing of pharmaceutical specialties in various dosage forms, herbal remedies, diagnostics, generic drugs, active pharmaceutical ingredients (APIs).
