Aurobindo Pharma Gains After Picking Up Volume

After going through a lot of pressure in past one month, pharma stocks have rebounded in the today’s trading session. Aurobindo Pharma has witnessed sharp surge with huge volumes in the morning hours on Thursday.

The stock has attracted a huge volume of 46,00,224 shares and traded value of Rs 274.24 Cr as of 1138 hours on Thursday. On the derivatives front, the maximum additions in the open interest were seen at the strike price of Rs 620 per share for call options and at the strike price of Rs 580 per share for put options.

The company, in its investor’s presentation filed with the BSE, reports that it has witnessed growth in its operating income by the CAGR of 27% in FY13 to FY17 period. EBITDA has grown at CAGR of 40% while PAT has grown at CAGR of 67% in the same period.

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