Calendar

Feb-2010
M T W T F S S
08 09 10 11 12 13 14
Events
list US wholesale inventories
Results
list B H E L | Financial Tech.
IPO
list Issue Opening : Hathway Cable
list Issue Open : ARSS Infra
 

US nod for a generic drug lifts Ranbaxy Laboratories

Capital Market / 14:23 , Nov 20, 2009

Ranbaxy Laboratories rose 0.64% to Rs 419.95 at 14:23 IST on BSE, after the company received US Food & Drug Administration approval for Acetaminophen tablets in 650 miligram strengh for over the counter sales.

Meanwhile, the BSE Sensex was up 165.90 points, or 0.98%, to 16,955.40.

On BSE, 2.22 lakh shares were traded in the counter as against an average daily volume of 5.31 lakh shares in the past one quarter.

The stock had hit a high of Rs 421.80 and a low of Rs 412 so far during the day.

The company's equity capital is Rs 210.21 crore. Face value per share is Rs 5.

The current price of Rs 419.95 discounts the company's Q3 September 2009 annualized EPS of Rs 17.17, by a PE multiple of 24.46.

Acetaminophen is the generic version of McNeil Cons' Tylenol.

Ranbaxy Laboratories reported net profit of Rs 186.08 crore in Q3 September 2009 as compared to net loss of Rs 352.93 crore in Q3 September 2008. Net sales rose 3.8% to Rs 1189.60 crore in Q3 September 2009 over Q3 September 2008.

Ranbaxy Laboratories manufactures and markets, generic pharmaceuticals, value added generic pharmaceuticals, branded generics, active pharmaceuticals and intermediates.

Rate This Article Rate 1 Rate 2 Rate 3 Rate 4 Rate 5

Share this with

chatDiscuss
Pages: Prev  Next
karnataka bank
By ankits, February 09, 2010 13:32
i bought karnataka bank at rs 134, and im a mid term holder. what shoud i do?? it is abt rs 20 down
Reply Rate The Message Abuse ?
 
Jet Airways - 240 Shares at Rs.520/- each
By Chelsia, February 09, 2010 13:25
Jet airways has reported good passenger growth for Jan.. So chances are that its stock price would increase
Reply Rate The Message Abuse ?
 
Jet Airways - 240 Shares at Rs.520/- each
By D KARTHIKEYAN, February 09, 2010 11:14
I bought 240 shares at Rs.520/- each a week back. Is there any possibility to touch the same price at least in 10 days time.
Reply Rate The Message Abuse ?
 
nickel
By vijay, February 08, 2010 17:06
what is the trand in nickel vij_sun68@rediff.com
Reply Rate The Message Abuse ?
 
share
By nitin, February 08, 2010 16:33
nobody can tell you that unless your buy price is known. pls tell that first and then may be anyone of us would be able to suggest.
Reply Rate The Message Abuse ?
 
 
Topic:
Comment:
Name: Email:
Submit Cancel