Shares of this pharmaceutical company jumped 90 percent in 4 months, market cap reached ₹ 3,224 crore

Unichem Laboratories Stocks: If you are going to make your investment in the share market, then you must read this news. In this news we are going to tell you about Unichem Laboratories of Pharma Sector. The business of this company is all over the world including India. This company does business of medicines.

Shares up 90%
Unichem Laboratories Company’s stock has seen a rise of 90 percent. The stock of this company is seen at a new high of Rs 452.95 with a gain of 5 percent. In the last 4 trading sessions, this stock has seen a gain of more than 17 percent. At the same time, in the last 4 months, this stock has jumped by almost 90 percent.

102% increase in a year
Let us tell you that in the last 1 year, this stock has gained about 102 percent. The BSE Sensex has gained only 2 per cent in the same period. Unichem Laboratories has received ANDA approvals for 4 drugs from the US FDA in the last 3 months.

what the company said
Unichem Laboratories says that the future growth prospects of the company are very good from the point of view of product filing approval. With the end of the corona epidemic in the same country and the world, there is no possibility of growth in the AQ therapy segment as before. Nevertheless, due to lifestyle, diseases, the demand for chronic medicines has increased.

company’s market cap

The stock of Unichem Laboratories closed at Rs 458 on 3 November and saw a rise of 6.52 percent. Whereas the lowest of 52 weeks has been at Rs 198.00. The market cap of the company is Rs 3,224 crore.

Disclaimer: The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. From ABPLive.com it is never advised to invest any money here.

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