Beryl Drugs, MPPHSCL sign deal to supply medicines

The stock has hit a high of Rs. 38.90 and a low of Rs. 34.50.

Jan 23, 2015 11:01 IST India Infoline News Service

Shares of Beryl Drugs was down 3% at Rs. 35. The company has entered into an agreement with the Managing Director, Madhya Pradesh Public Health Services, Procurement Corporation Ltd. (MPPHSCL), Bhopal (M.P.) for supply of the medicines manufactured by the Company to the tune of Rs. 11.80 Crores, which will boost up the Company's turnover by 60% to 65%.

Further, the Company has informed that the Company has expanded its production capacity from 1.20 crores bottles per year to 2.00 crores bottles per year to fulfill the present and the future requirements of the Company.

The stock has hit a high of Rs. 38.90 and a low of Rs. 34.50.

Total traded quantity on the counter stood at over 0.64 lk shares.

Meanwhile, the Sensex has surged 176 points at 29,182.

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