Aurobindo Pharma Surges: Government's MIP Decision Boosts Share Price
Business
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Moneycontrol•30-01-2026, 14:27
Aurobindo Pharma Surges: Government's MIP Decision Boosts Share Price
- •Aurobindo Pharma shares rallied significantly after the government imposed a Minimum Import Price (MIP) on Penicillin G, Amoxicillin, and 6-APA for one year.
- •The MIP aims to curb cheap imports, enhancing Aurobindo Pharma's pricing power and margins, with experts forecasting a potential ₹600-700 crore EBITDA upgrade by FY27.
- •New MIP rates are ₹2,216/kg for Penicillin G, ₹2,733/kg for Amoxicillin, and ₹3,405/kg for 6-APA.
- •Aurobindo Pharma is India's sole Pen-G plant operator, with an annual capacity of 15,000 tons, exceeding India's 9,000-ton annual requirement.
- •The stock traded at ₹1201, up 4.35%, with a market cap of ₹69,794 crore, showing strong long-term growth of 188.87% over three years.
Why It Matters: Government's Minimum Import Price on key antibiotics significantly boosts Aurobindo Pharma's share price and outlook.
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