Aurobindo Pharma Ltd.

NSE: AUROPHARMA | BSE: 524804 | ISIN: INE406A01037 | Industry: Pharmaceuticals
| Mid-range Performer
1093.8000 -16.10 (-1.45%)
NSE Sep 24, 2025 15:28 PM
Volume: 1.2M
 

1093.80
-1.45%
ICICI Securities Limited
Background- Aurobindo's US subsidiary had entered into an agreement in September, 2018 to acquire Sandoz's dermatology and oral solid businesses in the US for a cash consideration of US$900 million. The acquired business was supposed to comprise 1) portfolio of dermatology, oral solids, 2) authorised generics, in-licensed products, branded dermatology products, 3) three manufacturing facilities at Hicksville - NY (Derma), Melville NY (Derma), Wilson - NC (OSD) besides entire holding in Eon Labs Inc, a wholly owned subsidiary of Sandoz. Net sales of the proposed acquired business...
Aurobindo Pharma Ltd. is trading above its 50 day SMA of 1087.4
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