03-07-2024 12:36 PM | Source: Accord Fintech
Marksans Pharma rises after its arm gets marketing authorization for four products

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Marksans Pharma is currently trading at Rs. 167.25, up by 0.65 points or 0.39% from its previous closing of Rs. 166.60 on the BSE.

The scrip opened at Rs. 168.60 and has touched a high and low of Rs. 168.60 and Rs. 164.75 respectively. So far 81139 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 185.40 on 18-Apr-2024 and a 52 week low of Rs. 90.85 on 10-Jul-2023.

Last one week high and low of the scrip stood at Rs. 168.95 and Rs. 158.25 respectively. The current market cap of the company is Rs. 7576.90 crore.

The promoters holding in the company stood at 43.85%, while Institutions and Non-Institutions held 20.74% and 35.40% respectively.

Marksans Pharma’s wholly owned subsidiary – Relonchem has received marketing authorization from UKMHRA for Rasagiline Relonchem 1 mg Tablets, Olmesartan 10 mg Film-coated Tablets, Olmesartan 20 mg Film-coated Tablets and Olmesartan 40 mg Film-coated Tablets. 

Marksans Pharma together with its subsidiaries operates as an integrated international pharmaceutical company. The company’s business is distribution of pharmaceutical products.