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The stock quoted a 52-week high price of Rs 3000.0 and low of Rs 860.5.

"UFlex-Asepto will be the first company in India to commission a U-shaped paper straw manufacturing facility offering a production capacity of approximately 6 billion straws annually at peak. The production will commence in Q2FY23. The current market potential in India is approximately similar to our planned production capacity and we are fully committed to supporting all our business partners in the dairy and beverage industry."

A total of 37,991 shares changed hands on the counter till 10:10AM (IST)

"Contra bets are always high-risk, high-return bets. So, one should look for such opportunities. However, only experienced traders can take contra bets as they are risky. I will advise new entrants not to take such trade but for experienced traders and investors. This type of contra bet can be rewarding with the trade that is risk managed."

Global brokerage Morgan Stanley, which recently downgraded the stock to underweight, said the market is ignoring multiple risks including competition, margins, and ROE contraction.

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The Nifty Pharma index was trading 0.46 per cent up at 12182.65.

The stock quoted a 52-week high price of Rs 6573.05 and a 52-week low of Rs 3555.3.

Today is the record date for Navkar Urbanstructure stock split. Navkar Urbanstructure had announced the splitting of shares into face value of Rs 2 from the face value of Rs 10.Friday is the record date for dividend by Punjab National Bank, Indian Hotels Company, Union Bank of India, Sagar Cements, NDR Auto Components, Deepak Spinners and Walchand Peoplefirst.