Balaxi Pharmaceuticals
27.06
-1.23(-4.35%)
Market Cap₹149.39 Cr
PE Ratio10.76
IndustryHealthcare
Company Performance:
1D-4.35%
1M-25.66%
6M-45.89%
1Y-62.42%
5Y-78.90%
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Latest news about Balaxi Pharmaceuticals
Balaxi Pharmaceuticals Soars 22% Amid Major Stake Transfers Mar 05, 2025
Balaxi Pharmaceuticals' stock price surged over 22% in two days following significant ownership changes. Ebisu Global Opportunities Fund and Unico Global Opportunities Fund each acquired approximately 8% stake at ₹53 per share. Simultaneously, MGC Fund Limited and Elala India Opportunities Fund divested their 8% stakes at the same price. The consistent transaction price suggests a mutually agreed valuation. The market responded positively to these bulk deals, reflecting increased investor interest in the company's future prospects.