Unichem Laboratories gained 13.90% to Rs 177 at 14:30 IST on BSE on reporting 48.34% surge in net profit to Rs 33.38 crore on 18.27% increase in net sales to Rs 181.54 crore in Q1 June 2008 over Q1 June 2007.
The company made this announcement during trading hours today, 17 July 2008.
The stock hit a high of Rs 181.25 and a low of Rs 151 so far during the day. The stock had a 52-week high of Rs 262 on 19 July 2007 and a 52-week low of Rs 116.60 on 24 March 2008.
The company has an equity capital of Rs 18.02 crore. Face value per share is Rs 5.
The current price of Rs 177 discounts its Q4 March 2008 annualised EPS of Rs 5.23, by a PE multiple of 33.84.
On 24 June 2008, Unichem Laboratories received approval from US Food and Drug for its plant situated at Ghaziabad in the state of Uttar Pradesh.
On 16 June 2008, Unichem Laboratories received good manufacturing practice certificate from European Directorate for its active substances plant situated at Roha, Maharashtra.
Unichem Laboratories is engaged in manufacturing and marketing pharmaceutical formulations, bulk drugs and drug intermediates.
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