/ Jubilant Life Sciences Hikes The Price Of Its Drugs By 15% Stocks Down ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 20 December 2016

Jubilant Life Sciences, a global leader in the pyridine, picolines and nutrition industry, announces a price increase of up to 15% for its Beta Picoline, 3-Cyanond Vitaminpyridine a B3 (Niacin & Niacinamide) with immediate effect, for non-contract customers and wherever existing contracts permit.

Jubilant Life Sciences Ltd is currently trading at Rs 607, down by Rs 13.6 or 2.19% from its previous closing of Rs 620.6 on the BSE. The scrip opened at Rs 623.85 and has touched a high and low of Rs 626.75 and Rs 600 respectively. So far 411423(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 9886.16 crore.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 726.4 on 01-Dec-2016 and a 52 week low of Rs 272.5 on 20-Jan-2016. Last one week high and low of the scrip stood at Rs 673.2 and Rs 611.25 respectively.

The promoters holding in the company stood at 54.02 % while Institutions and Non-Institutions held 26.26 % and 17.34 % respectively. The stock is currently trading below its 50 DMA.

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