Natco Pharma Ltd has on Thursday announced the completion of the sale of its Save Mart Pharmacy store in the US to Care Mart Inc.
The Hyderabad-based company had earlier singed an agreement in this regard which provided for consideration towards goodwill furniture and fixers and inventory etc, according to a release.
Natco’s scrip gained 1.68 per cent on the Bombay Stock Exchange and is trading at Rs 447.20 at 2 pm on Thursday.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.