/ Sunil Healthcare To Expand Production Capacity Of Empty Hard Gelatin Capsule ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 19 May 2017


Sunil Healthcare soared on the NSE by nearly 4.3% as the company on Thursday’s post hours said that the board of directors of the company approved the plan for expansion.

The company in its filing to the exchanges added that the board has approved the expansion plan of production capacity of Empty Hard Gelatin Capsule from 11 billion to 13 billion approximately p.a. for the financial year 2017-18.

The stock has delivered negative returns of 20% on the NSE in a period of one year and has underperformed the BSE Small cap and the BSE Healthcare indices over the same time period.

The stock had hit its 52-week high of Rs 122 per share on May 27, 2016, and hit its 52-week low of Rs 70.75 per share on November 9, 2017, o the BSE.

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