Jubilant Life Sciences Strengthens On Raising Rs 100 Crore Via CP

Jubilant Life Sciences is currently trading at Rs. 694.25, up by 2.95 points or 0.43% from its previous closing of Rs. 691.30 on the BSE. The scrip opened at Rs. 695.45 and has touched a high and low of Rs. 695.45 and Rs. 682.00 respectively. So far 20870 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 898.00 on 18-Mar-2019 and a 52 week low of Rs. 617.45 on 19-Oct-2018. Last one week high and low of the scrip stood at Rs. 700.70 and Rs. 682.00 respectively. The current market cap of the company is Rs. 10948.99 crore.

The promoters holding in the company stood at 50.68%, while Institutions and Non-Institutions held 29.37% and 19.94% respectively. Jubilant Life Sciences has raised fund worth Rs 100 crore through Commercial Papers (CPs) on April 18, 2019. The tenure of instrument is 68 days and the coupon rate is 7.18% pa.

Jubilant Life Sciences is an integrated global pharmaceutical and life sciences company engaged in Pharmaceuticals, Life Science Ingredients and Drug Discovery Solutions. – Udaipurkiran