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About Gufic BioSciences
Gufic Biosciences (GBL) is a result of a reverse merger of itself with Central Finance. The promoters of GBL took over Central Finance at Rs 40-42 per share and then got GBL listed on BSE.
The Choksi and Gandhi family, the promoters of GBL, have a long-standing presence in the pharma industry. In 1960, the family set up a joint venture company called Lyka Labs. In 1976, they decided to part ways and the Choksi family took over the manufacturing facility and the Gufic group of companies was born. Initially known as Gujarat Fine Chemicals, the first foray of the Gufic group was in the manufacture of various bulk drugs. The company later entered the formulation market. Currently, the overall profile of GBL comprises ethical products, herbal products, consumer products and bulk drugs that are sold in the domestic and the international markets.
Over the past several years, the company have a known reputation of creating brands that have vaulted to leadership positions in the category in which they have been marketed. To mention a few names: Shapers (sanitary napkins), Onergy, and Stretch nil.
In the year 2000, the company issued Bonus Equity Shares in proportion of five Equity shares for every two Equity shares held.
Gufic has divested brands in the ethical pharma business in a seller's market. The company plan to invest further in R&D activities and aggressively enter the herbal product and consumer product segments, where it foresee a huge potential. While benefiting from the rich, traditional knowledge base in India, it would like to operate from an area of strength in the herbal products segment.
Parent Organisation
Indian Private
Managing Director
Jayesh P Choksi
Founded
1984
NSE Symbol
GUFICBIO
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Gufic Biosciences Ltd FAQs
What is the share price of Gufic Biosciences Ltd (GUFICBIO) shares?
Gufic Biosciences Ltd (GUFICBIO) share price as of October 22, 2024, on NSE is Rs 435.95 (NSE) and Rs 435.95 (BSE) on BSE.
Can I buy Gufic Biosciences Ltd (GUFICBIO) from Angel One?
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Gufic Biosciences Ltd (GUFICBIO) share can be bought through the following modes:
1. Direct investment: You can buy Gufic Biosciences Ltd (GUFICBIO) shares by opening a Demat account with Angel One.
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1. Direct investment: You can buy Gufic Biosciences Ltd (GUFICBIO) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Gufic Biosciences Ltd (GUFICBIO) shares.
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