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Sun Pharma stock inches up after getting US FDA nod to review ILUMYA for new arthritis use

News by Aliceblue News Desk

17 Mar 2026

Sun Pharma stock inches up after getting US FDA nod to review ILUMYA for new arthritis use

Introduction

Leading pharmaceutical company receives US FDA acceptance for ILUMYA application for psoriatic arthritis, with regulatory decision expected by October 29 2026 based on Phase 3 studies.

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Share price movement of Sun Pharma

On March 17, 2026, Sun Pharmaceutical Industries Limited opened at ₹1,792.00, up 0.53% from its previous close of ₹1,782.55. The stock reached a high of ₹1,799.70 (0.96%) and a low of ₹1,781.20. By 10:28 AM, it traded at ₹1,791.00, a 0.47% increase, with a market cap of ₹4,29,710.77 crore.

Sun Pharma ILUMYA FDA Review

Sun Pharmaceutical Industries Limited announced that the US FDA has accepted its supplemental Biologics License Application for ILUMYA to treat adults with active psoriatic arthritis.

The FDA has set a regulatory action date of October 29, 2026. The application is supported by results from INSPIRE-1 and INSPIRE-2 Phase 3 clinical studies.

ILUMYA is already approved for moderate to severe plaque psoriasis. If approved, the drug will expand into psoriatic arthritis, adding a new indication to its existing global approvals.

Stock performance of Sun Pharma for period of 1 week, 6 months, and 1 year

Sun Pharmaceutical Industries Limited delivered a 1-week return of -1.63%, a 6-month return of 8.16%, and a 1-year return of 4.63%.

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Shareholding pattern of Sun Pharma

ParticularsDec 2025Sep 2025Jun 2025
Promoter54.50%54.50%54.50%
FII16.10%16.60%17.30%
DII20.80%20.20%19.50%
Public8.60%8.70%8.50%
Others0%0.00%0.30%

About Sun Pharma

Sun Pharmaceutical Industries Limited (NSE: SUNPHARMA) is India’s largest pharmaceutical company with global presence across generics, innovative medicines, and consumer healthcare in over 100 countries.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Sun Pharmaceutical Industries Limited share price rising today?

A: Sun Pharmaceutical Industries Limited share price gains after US FDA accepts ILUMYA application for psoriatic arthritis with decision expected by October 29 2026.

Q: What is Sun Pharmaceutical Industries Limited’s main business focus?

A: Sun Pharmaceutical Industries Limited focuses on specialty generics, innovative medicines, and consumer healthcare products across global markets including the United States and emerging regions.

Q: What are the 52-week high and low of Sun Pharmaceutical Industries Limited stock?

A: Sun Pharmaceutical Industries Limited stock has a 52-week high of ₹1,850.95 and a 52-week low of ₹1,547.25.

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Aliceblue News Desk

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