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After this news, the stock continues to rise. The stock jumped 15 percent in one month, 30 percent in three months and 5 percent on Thursday. The market cap of the company is Rs 1200 crore.
Jagsonpal Pharmaceuticals informed the exchange that the board meeting will be held on October 23. In this meeting, the proposal for share split as well as the results will be announced. Currently, the face value of one share of the company is Rs 5.
What does Jagsonpal Pharmaceuticals do- The company was started in 1978. The company manufactures products related to women's health. The company has identified gynecology and orthopedics as its focus segments and has diligently built its presence in key therapeutic sub-segments. Since inception, the company has valued product accessibility as the cornerstone of its success, which has assured product availability across the country.
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