After a positive opening, the stock further went up by 7.15 per cent to Rs 1,785.80 on BSE.
At NSE, shares of the company soared 7.33 per cent to Rs 1,788.50.
The company is well placed to grow the Neksium brand further through its existing reach, coverage and equity in the gastrointestinal therapy area, Pfizer said in a statement yesterday.
Pfizer Ltd MD S Sridhar said: "The Neksium acquisition is aligned with our stated ambition of portfolio expansion through organic and inorganic growth in our focus therapy areas".
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