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The announcement was made after market hours yesterday, 15 March 2017.
Meanwhile, the S&P BSE Sensex was up 128.02 points, or 0.44%, to 29,526.13
On the BSE, so far 77,000 shares were traded in the counter, compared with average daily volumes of 29,336 shares in the past one quarter. The stock had hit a high of Rs 104.85 and a low of Rs 99.55 so far during the day. The stock hit a 52-week high of Rs 142.80 on 5 October 2016. The stock hit a 52-week low of Rs 65 on 1 June 2016.
The small-cap company has equity capital of Rs 11.44 crore. Face value per share is Rs 10.
Venus Remedies reported net loss of Rs 2.10 crore in Q3 December 2016 as against net loss of Rs 0.25 crore in Q3 December 2015. Net sales declined 12.61% to Rs 84.49 crore in Q3 December 2016 over Q3 December 2015.
Venus Remedies is a pharmaceutical company.
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