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2026-10-21 04:46:15 pm | Source: Accord Fintech
Kwality Pharmaceuticals surges on acquiring land for Amritsar manufacturing facility expansion
Kwality Pharmaceuticals surges on acquiring land for Amritsar manufacturing facility expansion

Kwality Pharmaceuticals is currently trading at Rs. 3452.00, up by 95.40 points or 2.84% from its previous closing of Rs. 3356.60 on the BSE.

The scrip opened at Rs. 3458.05 and has touched a high and low of Rs. 3477.40 and Rs. 3325.00 respectively. So far 3377 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 3866.55 on 21-Sep-2026 and a 52 week low of Rs. 828.80 on 11-Nov-2025.

Last one week high and low of the scrip stood at Rs. 3,511.45 and Rs. 3227.00 respectively. The current market cap of the company is Rs. 3590.16 crore.

The promoters holding in the company stood at 54.86%, while Institutions and Non-Institutions held 3.69% and 41.44% respectively.

Kwality Pharmaceuticals has acquired 4 acres of land adjacent to its existing manufacturing facility in Amritsar, Punjab, to support its next phase of growth. The company plans to develop a fully automated manufacturing facility comprising 4 injectable lines and 6+ lines for tablets, capsules, ophthalmic and other oral solid dosage formulations, designed with due consideration to applicable EU GMP requirements.

The expansion aims to meet growing demand for existing and upcoming products, create capacity for future launches and bioequivalence-led opportunities, and strengthen the company's Amritsar manufacturing campus. The project is targeted for completion by Q4 FY2028, with full operations expected by Q2 FY2029, reinforcing the Company's commitment to scalable capacity and sustainable growth.

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