Torrent Pharmaceuticals trades in green on incorporating Wholly owned subsidiary in Chile
Torrent Pharmaceuticals is currently trading at Rs. 3431.25, up by 21.50 points or 0.63% from its previous closing of Rs. 3409.75 on the BSE.
The scrip opened at Rs. 3405.40 and has touched a high and low of Rs. 3443.00 and Rs. 3397.60 respectively. So far 654 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3574.00 on 30-Aug-2024 and a 52 week low of Rs. 1822.80 on 25-Oct-2023.
Last one week high and low of the scrip stood at Rs. 3520.00 and Rs. 3365.00 respectively. The current market cap of the company is Rs. 116019.10 crore.
The promoters holding in the company stood at 71.25%, while Institutions and Non-Institutions held 21.49% and 7.26% respectively.
Torrent Pharmaceuticals has incorporated Wholly owned subsidiary (WOS) namely Torrent Pharmaceuticals Chile SpA on September 25, 2024 in Chile. Torrent Pharma Chile is incorporated with the object of providing business support to the company in the relevant jurisdiction.
Torrent Pharmaceuticals is flagship company of the Torrent group, a leader in cardiovascular and central nervous system segments. It also has presence in gastro-intestinal, diabetology, anti-infective and pain management segments.
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