Tyche Industries hits 20% upper circuit

The company has received USFDA approval for its API manufacturing facility located in Andhra Pradesh.

May 12, 2016 03:05 IST India Infoline News Service

Tyche Industries hit 20% upper circuit on BSE at Rs.49.10. The company has received USFDA approval for its API manufacturing facility located in Andhra Pradesh. 

The scrip opened at Rs. 49.1 and has touched a high and low of Rs. 49.1 and Rs. 49.1 respectively. So far 36921(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 41.97 crore.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 72.25 on 03-Nov-2015 and a 52 week low of Rs. 20.3 on 27-May-2015. Last one week high and low of the scrip stood at Rs. 41.85 and Rs. 39 respectively.

The promoters holding in the company stood at 62.2 % while Institutions and Non-Institutions held 0 % and 37.8 % respectively.

The stock is currently trading above its 200 DMA.

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