Business Standard

GSK Consumer slips after posting new high

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BS Reporter Mumbai

The stock from its high slipped 4% to a low of Rs 968. t finally ended with a loss of 2% at Rs 970. The counter witnessed thin volumes of only 957 shares as against it two-week daily traded average of 13,272 shares.
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(Updated at 1234 hrs)

GlaxoSmithKline Consumer has today touched a new all time high after the company planned to tap modern retail by pushing some of its brands as OTC's.

The stock today opened at Rs 1,009 and touched a new all time high of 1,009.60.

The scrip is now trading flat at Rs 990 and has clocked a volume of 223 shares as against the two-week average of 13,272.

 

Click here to read more: GlaxoSmithKline to tap modern retail

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First Published: Jul 02 2009 | 4:04 PM IST

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