Alembic Stock is high on Volumes

Alembic LimitedIn afternoon trading (3:06 pm), Alembic is hovering near Rs 68.80, up Rs 3.10, or 4.72%. During the day, the scrip touched an intraday high of Rs 69.45 and an intraday low of Rs 65.50.

The scrip is trading with volumes of 67,551 shares, as against its five-day average of 31,608 shares

Yesterday the share ended weak after losing 6.08% or Rs 4.25 at Rs 65.70.

Alembic’s principal activity is to make bulk drugs and pharmaceutic formulations in human as well as animal healthcare. It fabricates and promotes antibiotic and antibacterial drug, cough and cold remedies, analgesic and anti-inflammatory medicinal drugs, nutraceuticals and anti-diabetics.

The Group’s main products consist of Roxid, glycodin. Wikoryl, Nimegesic, Magadol, Rekool, Zeet, Cepime, Tetan, Lormeg, Azithral, Megaclav, Lipireg etc.