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Jubilant Life hits 52-week high on heavy volumes, soars 46% in 11 days

The stock hit a 52-week high of Rs 646, up 8% today, surpassing its previous high of Rs 639, touched on January 23, 2020, on the BSE.

Image: iStock
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The management said despite the Covid-19 led challenges, the company continues to experience strong demand across most of its businesses. (Image: iStock)

SI Reporter Mumbai
Continuing their northward movement, shares of Jubilant Life Sciences, hit a 52-week high of Rs 646, up 8 per cent on the BSE on Monday in the intra-day trade on the back of heavy volumes.

The stock of the pharmaceutical company surpassed its previous high of Rs 639, touched on January 23, 2020. At 12:06 pm, it was trading 7 per cent higher at Rs 636, as compared to a 2.3 per cent decline in the S&P BSE Sensex. The trading volumes on the counter jumped an over 20-fold with a combined 4.13 million equity shares, representing a 2.59 per

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First Published: Jun 15 2020 | 12:35 PM IST

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