Orchid Pharma shares were locked in the upper circuit for the 96th straight trading day Shares of Orchid Pharma were locked in the upper circuit for the 96th straight trading day, up 5 per cent at Rs 1,839.65 on the BSE in Friday’s session. The stock has zoomed 102 times or 10,120 per cent from the level of Rs 18 since its relisting on November 3, 2020. Currently, Orchid Pharma is trading under the T group on the BSE. In the T2T segment, each trade has to result in delivery and no intra-day netting of positions is allowed. The company has a total of 40.81 million outstanding shares, of which 98.04 per cent or 40.01 million shares are with the promoter Dhanuka Laboratories, according to the December 2020 shareholding pattern data. Dhanuka Laboratories took over the pharma company under the National Company Law Tribunal (NCLT) resolution process. The public shareholders held a mere 1.93 per cent holding in the firm, of which 1.19 per cent stake was with the financial in...