Alembic Ltd.

NSE: ALEMBICLTD | BSE: 506235 | ISIN: INE426A01027 | Industry: Pharmaceuticals
| Mid-range Performer

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Alembic Ltd.
23 Jan 2017
103.75
1.41%

Alembic reported revenue growth of  9% YoY to record a total of Rs. 30.6 crore in income for the quarter ended December 2016. The firm also reversed from losses in last year's Q3 to marginal profits of Rs. 0.6 crore for Q3 this year. Institutional investor shareholding has declined in Alembic from 9.04% to 8.83% in the December quarter. 

Alembic Ltd. is trading above its 50 day SMA of 100.7
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