JB Chemicals & Pharmaceuticals is currently trading at Rs. 720.50, up by 5.10 points or 0.71% from its previous closing of Rs. 715.40 on the BSE.
The scrip opened at Rs. 740.00 and has touched a high and low of Rs. 742.00 and Rs. 701.45 respectively. So far 38176 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 743.00 on 22-Jun-2020 and a 52 week low of Rs. 321.70 on 24-Oct-2019.
Last one week high and low of the scrip stood at Rs. 742.00 and Rs. 675.00 respectively. The current market cap of the company is Rs. 5574.74 crore.
The promoters holding in the company stood at 55.91%, while Institutions and Non-Institutions held 21.74% and 22.35% respectively.
KKR is going to purchase majority stake in J B Chemicals and Pharmaceuticals from its promoters and then make an open offer to acquire 26 per cent more in the branded formulations company. KKR has entered into a definitive agreement to purchase a controlling stake in the company.
JB Chemicals & Pharmaceuticals is engaged in manufacturing of pharmaceutical specialties in various dosage forms, herbal remedies, diagnostics, generic drugs, active pharmaceutical ingredients (APIs).