Zydus gets USFDA approval for Oxybutynin Chloride Extended-Release Tablets

Zydus Cadila has received the final approval from the USFDA to market Oxybutynin Chloride Extended-Release Tablets in the strengths of 5 mg, 10 mg and 15 mg.

The drug is used to treat symptoms of overactive bladder and urine leakage. It will be manufactured at the group’s manufacturing facility at Moraiya in Ahmedabad.

Meanwhile, Cadila Healthcare was trading higher by 0.1% at Rs 526.05 per share at 1023 hours on BSE. It hit a high of Rs 532.20 and a low of Rs 524.05 so far during the morning session.

The stock has delivered more than 60% returns in a period of one year. It has outperformed both BSE Sensex and BSE Healthcare over a period of one year. Its closest peers are Lupin and Sun Pharmaceutical Industries.

Cadila Healthcare Limited, an integrated healthcare company, discovers, develops, manufactures, and markets a range of healthcare and pharmaceutical products worldwide.

Stock View :-


Cadila Healthcare Ltd is currently trading at Rs 527.25, up by Rs 1.75 or 0.33% from its previous closing of Rs 525.5 on the BSE.

The scrip opened at Rs 525 and has touched a high and low of Rs 532.2 and Rs 524.05 respectively. So far 268785(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 53797.67 crore.

The BSE group 'A' stock of face value Rs 1 has touched a 52 week high of Rs 558 on 12-Jun-2017 and a 52 week low of Rs 311.9 on 27-Jun-2016. Last one week high and low of the scrip stood at Rs 535.35 and Rs 513.75 respectively.

The promoters holding in the company stood at 74.79 % while Institutions and Non-Institutions held 17.14 % and 8.07 % respectively.

The stock is currently trading above its 50 DMA.

Cadila Healthcare Ltd :-
BSE 526.00 0.50    (0.10%)
NSE 525.65 [0.95]    ([0.18]%)


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