The stock surged 7.09 per cent to settle at Rs 252.20 on the BSE. During the day, it jumped 8.66 per cent to Rs 255.90.
At the NSE, shares of the company rose by 7.46 per cent to Rs 252.60 at close.
In terms of volume, 4.94 lakh shares of the company changed hands at the BSE while over 23 lakh shares were traded at the NSE during the day.
Neuro-degenerative diseases include Alzheimer's, Schizophrenia and Parkinson's.
Meanwhile, in the broader market, the benchmark BSE Sensex ended the day with a gain of 299.79 points at 27,961.19.
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