Market Performance
Granules India's share price experienced a dip in early trading on June 23, 2025, following a regulatory update regarding its facility in Hyderabad.
- Current Price: ₹483.45
- Change: Down by ₹3.40 or 0.70% on the BSE
- Market Cap: ₹11,730.61 Crore
- 52-week High: ₹724.55 (as of September 2, 2024)
- 52-week Low: ₹412.05 (as of April 7, 2025)
- The stock is currently 33.28% below its 52-week high.
- It remains 17.33% above its 52-week low.
Main Update
Granules India's stock came under pressure after the US Food and Drug Administration concluded an inspection at one of its key manufacturing facilities.
- The API Unit-I facility, located at Bonthapally Village, Hyderabad, underwent a US FDA inspection from June 16 to June 20, 2025.
- The inspection resulted in the issuance of a single Form 483 observation.
- The company confirmed that it would address and respond to the observation within the required timeline.
Company Details
The Bonthapally facility is a significant asset in Granules India's manufacturing network:
- Recognized as one of the world's largest single-site Paracetamol API manufacturing plants by volume.
- The site also houses facilities for producing Metformin and Guaifenesin APIs.
This facility plays a crucial role in Granules India's bulk drug manufacturing and export operations.
Summary
Granules India's share price declined by 0.70% following the announcement of a single USFDA observation at its Hyderabad-based Bonthapally unit. Despite this, the company maintains a solid operational base with a strategically significant API manufacturing plant. Investors are closely watching regulatory developments while the stock continues to trade between its annual high and low levels.
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