Shasun Pharmaceuticals has rallied 12% to Rs 81.40, extending its previous day’s 20% surge, ahead of a board meeting on Saturday, July 13, to review the operations of the company.
The counter have seen heavy trading activities with a combined 2.92 million shares changing hands till 1032 hours against an average sub one million shares that were traded daily in past two weeks.
Meanwhile, the pharmaceutical stock has zoomed 72% in past two weeks after the company informed the exchanges that operations at its Puducherry facility have resumed after the workers called off strike.
Workers at the Puducherry’s active pharmaceutical ingredients (API) and formulations facility had resorted to strike from June 15.
The counter have seen heavy trading activities with a combined 2.92 million shares changing hands till 1032 hours against an average sub one million shares that were traded daily in past two weeks.
Meanwhile, the pharmaceutical stock has zoomed 72% in past two weeks after the company informed the exchanges that operations at its Puducherry facility have resumed after the workers called off strike.
Workers at the Puducherry’s active pharmaceutical ingredients (API) and formulations facility had resorted to strike from June 15.
