The stock touched a new high of Rs 273.35. The stock ended at Rs 277, up 21%.

Around 6 million shares were traded on the BSE today.
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Updated at 1615 Hrs:

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The stock opened flat at Rs 223. It soon surged 9% to Rs 241. The stock is now trading up 6.5% at Rs 235. Hefty volumes of 801,612 shares have been traded at the counter on the BSE so far.

The largest pharma company in India, Ranbaxy, informed the BSE that Tsutomu Une has been appointed as the chairman of the company while former promoter Malvinder Mohan Singh has submitted his resignation.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets languish as heavyweights drag - NEWSALERT: Doon Express derails near Jaunpur, UP - Cardamom recovers 0.16% on spot demand - Lead down on subdued demand, weak overseas cues - Mentha oil rebounds as demand picks up

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