AstraZeneca Pharma India, an integrated
biopharmaceutical companyplunged on Wednesday after the
multinational pharmaceutical company said that its promoter
AstraZeneca Pharmaceuticals AB Sweden has decided to reduce its
shareholding in the company to meet minimum public shareholding
norm. The current shareholding of the promoter in the company is
approximately 89.99%. 
Shares ofthe companyare trading at Rs
769.95, down Rs 63.8, or 7.65% at the Bombay Stock Exchange (BSE)
on Wednesday at 9:39 a.m.The scrip has touched an intra-day high of
Rs 798.45 and low of Rs 711.20. The total volume of shares traded
at the BSE is 39,661.In the earlier session, the shares fell 3.38%,
or Rs 29.15, at Rs 833.75. Currently, the stock is trading at all
time 52-week low, which is below 70.93% over the 52-week high of Rs
2,649.
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