Sensex Today | Lupin to build a new pharmaceutical manufacturing plant in Coral Springs, Florida, USA
The pharmaceutical company has announced plans to build a new pharmaceutical manufacturing plant in Coral Springs, Florida, USA.
With a projected investment of $250 million — including research & development, infrastructure, and capital expenditures over a five-year period — the new site will have the capacity to accommodate the production of more than 25 critical respiratory medicines.
Lupin was quoting at Rs 1,975.70, up Rs 70.00, or 3.67 percent.
It has touched an intraday high of Rs 1,984.05 and an intraday low of Rs 1,915.55.
It was trading with volumes of 68,170 shares, compared to its five day average of 21,381 shares, an increase of 218.83 percent.
In the previous trading session, the share closed down 0.98 percent or Rs 18.95 at Rs 1,905.70.
The share touched a 52-week high of Rs 2,403.45 and a 52-week low of Rs 1,774 on 02 January, 2025 and 07 April, 2025, respectively.
Currently, the stock is trading 17.8 percent below its 52-week high and 11.37 percent above its 52-week low.
Market capitalisation stands at Rs 90,241.65 crore.