Market Performance
Welcure Drugs & Pharmaceuticals share price surged on Wednesday, August 20, 2025, as the stock touched its 5% upper circuit during intraday trade on the BSE.
- Previous Close: ₹12.10
- Opening Price: ₹12.70
- Upper Circuit Limit: ₹12.70
With this move, Welcure Drugs & Pharmaceuticals share price remained locked at the day’s upper band.
Main News
The sharp rise in Welcure Drugs & Pharmaceuticals share price followed the company’s disclosure to the exchanges on August 20, 2025.
The company announced plans to set up a new Agro-Pharma Research Laboratory and scheduled a Board Meeting on August 28, 2025, to discuss fundraising through a Qualified Institutional Placement (QIP).
Company Developments
Welcure Drugs & Pharmaceuticals highlighted key details of its upcoming project:
- Objective: To develop and scale technologies that transform agricultural and botanical inputs into pharmaceutical-grade products.
- Estimated Project Cost: ₹70–80 crore
- Investment Scope: Laboratory infrastructure, pilot lines, analytics, and quality systems
- Next Steps: Finalization of implementation site, timeline, and commissioning plan after clearances
The company stated that the project is designed to support public health and societal well-being through innovation in agro-pharma research.
Company Profile
Founded in 1992 by Dharam Chand Jain, Welcure Drugs & Pharmaceuticals is an Indian firm engaged in the manufacturing and trading of:
- Bulk pharmaceuticals
- Drug intermediates
- Pharmaceutical formulations
- Medical items
Over the years, the company has expanded its portfolio across multiple segments of the pharma sector.
Summary
- Welcure Drugs & Pharmaceuticals share price hit the 5% upper circuit on August 20, 2025.
- Stock opened at ₹12.70 compared to the previous close of ₹12.10.
- Surge followed the announcement of a new Agro-Pharma Research Laboratory project.
- The project involves an estimated investment of ₹70–80 crore with funding plans via QIP.
- The initiative is aimed at advancing agro-based pharmaceutical innovations in India.
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