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The shares were sold at an average price of Rs 973.80 per share during the period through an open market sale in an ordinary course of transaction, it said. Sun Pharma is engaged in the business of manufacturing, developing and marketing a wide range of branded and generic formulations and Active Pharma Ingredients (APls).
Granules India’s net profit tanked 62.4 percent YoY to Rs 47.9 crore.
The stock price of this company had bottomed out in May and formed a higher low, thereafter. Now it has given a trendline-resistance breakout on a closing basis. The candle formed can be considered a bullish Marubozu. The surge in volume over the past few sessions is supportive of the breakout. The stock is expected to be propelled higher and to challenge its previous peak.
Eiko Lifesciences is currently trading at upper circuit limit of Rs. 74.60, up by 3.55 points or 5.00% from its previous closing of Rs. 71.05 on the BSE. The scrip opened at Rs. 73.98 and has touched a high and low of Rs. 74.60 and Rs. 73.00 respectively. So far 58227 shares were traded on