Auro Laboratories touches roof on inking pact with MIDC
Auro Laboratories is currently trading at upper limit of Rs. 130.60, up by 2.55 points or 1.99% from its previous closing of Rs. 128.05 on the BSE.
The scrip opened at Rs. 130.60 and has touched a high and low of Rs. 130.60 and Rs. 130.60 respectively. So far 1008 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 150.75 on 01-Sep-2023 and a 52 week low of Rs. 52.50 on 31-Mar-2023.
Last one week high and low of the scrip stood at Rs. 131.05 and Rs. 124.20 respectively. The current market cap of the company is Rs. 81.40 crore.
The promoters holding in the company stood at 52.09%, while Institutions and Non-Institutions held 0.01% and 47.90% respectively.
Auro Laboratories has entered into an Agreement with Maharashtra Industrial Development Corporation (MIDC) at Tarapur. The agreement is for acquisition of leasehold land admeasuring 19,720 sq mtrs, for future expansion purpose.
Auro Laboratories incorporated in 1989 is engaged in business of manufacturing active pharmaceutical ingredients (API's), intermediates and generic formulations.