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.

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