Jubilant Life Sciences inches up on raising Rs 40 crore via CPs

Jubilant Life Sciences is currently trading at Rs. 481.65, up by 2.10 points or 0.44% from its previous closing of Rs. 481.05 on the BSE.

The scrip opened at Rs. 480.00 and has touched a high and low of Rs. 486.00 and Rs. 477.25 respectively. So far 2036 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. 450.00 on 06-Jun-2019.

Last one week high and low of the scrip stood at Rs. 492.20 and Rs. 464.00 respectively. The current market cap of the company is Rs. 7662.22 crore.

The promoters holding in the company stood at 50.68%, while Institutions and Non-Institutions held 31.52% and 17.81% respectively.

Jubilant Life Sciences has raised funds through issuance of Commercial Papers (CPs) worth Rs 40 crore on June 25, 2019. The coupon / interest offered is 6.75% per annum. The tenure of the instrument is 36 days and maturity date is July 31, 2019.

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

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