Alembic Pharmaceuticals Ltd Share Price – NSE  /  BSE

Pharmaceuticals, Small Cap

Alembic Pharmaceuticals has successfully completed the United States Food and Drug Administration (USFDA) inspection for its Oral Solid Formulation Facility (F-I) located at Panelav. This was a scheduled GMP inspection and was successfully completed without any Form 483 observation. The inspection was conducted from 17 July 2024 to 26 July 2024.

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Alembic Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 8 August 2024.

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The approved ANDA is therapeutically equivalent to the reference listed drug product (RLD), Prolixin tablets of Apothecon Inc.

Fluphenazine hydrochloride tablets, USP are indicated in the management of manifestations of psychotic disorders.

Alembic has a cumulative total of 210 ANDA approvals (182 final approvals and 28 tentative approvals) from USFDA.

Alembic Pharmaceuticals is a vertically integrated research and development pharmaceutical company. The company manufactures and markets generic pharmaceutical products all over the world.

The company reported 16.78% increase in consolidated net profit to Rs 178.21 crore on 7.85% rise in revenue from operations to Rs 1,516.98 in Q4 FY24 over Q4 FY23.

The scrip hit an all time high at Rs 1,192.75 in today’s intra-day session.

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Tata Teleservices (Maharashtra) Ltd, Sunteck Realty Ltd, Chennai Petroleum Corporation Ltd, Godawari Power & Ispat Ltd are among the other stocks to see a surge in volumes on NSE today, 16 July 2024.

Alembic Pharmaceuticals Ltd clocked volume of 34.55 lakh shares by 14:14 IST on NSE, a 12.94 times surge over two-week average daily volume of 2.67 lakh shares. The stock gained 11.82% to Rs.1,097.90. Volumes stood at 1.86 lakh shares in the last session.

Tata Teleservices (Maharashtra) Ltd saw volume of 349.62 lakh shares by 14:14 IST on NSE, a 10.03 fold spurt over two-week average daily volume of 34.85 lakh shares. The stock increased 6.16% to Rs.81.85. Volumes stood at 64.28 lakh shares in the last session.

Sunteck Realty Ltd clocked volume of 81.02 lakh shares by 14:14 IST on NSE, a 9.72 times surge over two-week average daily volume of 8.33 lakh shares. The stock gained 4.86% to Rs.637.65. Volumes stood at 18.6 lakh shares in the last session.

Chennai Petroleum Corporation Ltd clocked volume of 171.29 lakh shares by 14:14 IST on NSE, a 8.67 times surge over two-week average daily volume of 19.77 lakh shares. The stock gained 15.05% to Rs.1,248.00. Volumes stood at 25.68 lakh shares in the last session.

Godawari Power & Ispat Ltd clocked volume of 23.02 lakh shares by 14:14 IST on NSE, a 6.55 times surge over two-week average daily volume of 3.51 lakh shares. The stock gained 3.70% to Rs.1,158.40. Volumes stood at 1.72 lakh shares in the last session.

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