
Aurobindo Pharma swings to 52-week high; here's why
The scrip opened higher at ₹1,014.95, up 0.73%, as against the previous closing price of ₹1,007.50
The scrip opened higher at ₹1,014.95, up 0.73%, as against the previous closing price of ₹1,007.50
In the January to March quarter this year, the company's revenues stood at ₹6,472.9 crore, up 11.4% as against ₹5,809.3 crore in the same period last year.
During the session, it tumbled 13.75% to hit an intraday low of ₹464. The market capitalisation of the pharmaceutical major declined to ₹28,037 crore.
The Sensex and Nifty are poised for a strong opening on upbeat global cues as a better-than-expected inflation report in the U.S. boosted investors’ appetite for riskier assets.
Home-grown smaller players are giving biggies a run for their money in the US generics market.