AstraZeneca rallies on shareholders nod for delisting
The stock has rallied over 10% to Rs 1,224 on the Bombay Stock Exchange.
AstraZeneca Pharma India has surged over 10% to Rs 1,224 after the company said it has got a shareholder approval for voluntary delisting of equity shares of the company from the stock exchange.
Astra Pharmaceuticals AB, Sweden, the parent holds 75% stake in the company.
The stock opened at Rs 1,185 and touched a high of Rs 1,245 on the BSE. A combined around 30,000 shares changed hands on the counter in early morning deals on the BSE and NSE.
Astra Pharmaceuticals AB, Sweden, the parent holds 75% stake in the company.
The stock opened at Rs 1,185 and touched a high of Rs 1,245 on the BSE. A combined around 30,000 shares changed hands on the counter in early morning deals on the BSE and NSE.
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First Published: Jun 23 2014 | 9:22 AM IST