The share price of Ranbaxy Laboratories eased on Thursday on the Bombay Stock Exchange (BSE) on selling by funds. The scrip slipped 1.20 per cent to Rs 616.65 in an otherwise firm market.
The scrip had hit a low of Rs 615 earlier. A total of 1.40 lakh shares changed hands on the BSE at close of the day.
The Ranbaxy counter is witnessing bouts of buying and selling after the stock surged from a recent low of Rs 491.80 on November 7, 2002. The stock had been in demand due to the company