Ajanta Pharma - September 2020 update - Angel Broking

Mr. Yash Gupta - Equity Research Associate, Angel Broking Ltd

Ajanta Pharma domestic sales growth at 16.8% in September 2020 which is 2nd highest in the industry, while average Indian Pharma Market sales growth at 4.5% as per the AIOCD September data. Ajanta pharma sales growth almost 4x to average Indian Pharma Market sales growth. Ajanta Pharma market share at 0.60% in Indian pharma market. Company sales growth was better than expected for the month of September 2020.

Shares of AJANTA PHARMA LTD. was last trading in BSE at Rs.1551.4 as compared to the previous close of Rs. 1565.35. The total number of shares traded during the day was 7762 in over 811 trades.

The stock hit an intraday high of Rs. 1591.1 and intraday low of 1537.15. The net turnover during the day was Rs. 12115837.

Source : Equity Bulls

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