Natco Pharma extends loss over 15% on Thursday

India Infoline News Service | Mumbai | August 10, 2017 13:50 IST

Pharma major, Natco Pharma extends losses to over 15% from the early morning trade on Thursday on the BSE.

Stock quotes and silhouette of a bear
Pharma major, Natco Pharma extends losses to over 15% from the early morning trade on Thursday on the BSE.
Natco Pharma was trading at Rs 704  per share, down by 15.36% as at 1340 hours, on the BSE as against its previous close of Rs 830.60. The stock has hit its intraday high and low of Rs 824 and Rs 671.25, respectively.
The stock of Natco Pharma has plunged 24.75% till now from Monday’s closing share value. It has attracted a traded volume of 41,01,034 shares and traded value of Rs 29,774.33 lakh on the NSE.
The company had hit its 52-week high of Rs 1,090 on June 9, 2017 and 52-week low of Rs 500 on November 9, 2016.

Stock View:
Natco Pharma Ltd is currently trading at Rs 703, down by Rs 127.6 or 15.36% from its previous closing of Rs 830.6 on the BSE.
The scrip opened at Rs 824 and has touched a high and low of Rs 824 and Rs 671.25 respectively. So far 4635999(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 14478.01 crore.
The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 1080 on 09-Jun-2017 and a 52 week low of Rs 495 on 09-Nov-2016. Last one week high and low of the scrip stood at Rs 986.55 and Rs 819.95 respectively.
The promoters holding in the company stood at 51.16 % while Institutions and Non-Institutions held 27.06 % and 21.78 % respectively.
The stock is currently trading below its 50 DMA.

***Note: This is a NSE Chart

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