The Ranbaxy Laboratories scrip rose 4.5 per cent to Rs 289.55 on protein supplement launch. The company entered the protein foods market with the launch of the ‘Revitalite’ brand. The company is present in the nutritional supplement market through its brand “Revital”; the launch of “Revitalite” further strengthens the company's position in this space.
The stock opened at Rs 279 and made an intraday high of Rs 292.9 and a low of Rs 274. Total traded volumes spurted 2.9 times higher of its two-week average to 10.2 lakh shares in Wednesday’s trade. The stock gained 18.5 per cent in the last one month.
Content Guide
