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Ranbaxy up 1% on govt order for Tamiflu

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BS Reporter Mumbai

The stock ended with a gain of 1% at Rs 323. Over 321,871 shares changed hands at the counter on the BSE today.
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(Updated at 1038 hrs)

Ranbaxy has soared 2% on receiving an order from the government for supplying Oseltamivir capsules for the treatment of AH1N1 virus (swine flu).

The stock today opened at Rs 322 and slipped to a low of Rs 318.

The scrip however recoverd to touch a high of Rs 327 and is now trading at Rs 325, up around 2% from the previous close. Around 82,550 shares have been traded on the BSE so far.

 

The company has however not provided any information regarding the size of the order.Oseltamivir is the generic version of the Roche's drug Tamiflu, which has been recommended by the World Health Organisation for the treatment of swine flu.

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First Published: Sep 02 2009 | 10:38 AM IST

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