The pharma firm's scrip ended at Rs 208.95, up 19.98 per cent on the BSE.
At the NSE, it soared 19.99 per cent to Rs 209.15.
Neurodegenerative diseases include Alzheimer's disease, Schizophrenia and Parkinson's disease.
In a BSE filing the company had on Wednesday said it has been granted "one product patent from South Korea, one product patent from China and one product patent from Canada corresponding to the new chemical entities for the treatment of disorders associated with neurodegenerative diseases".
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