Sun Pharma gains 2%, conquers Rs 1,000-mark after gap of over 7 years

The stock traded higher for the third straight day and has gained nearly 4 per cent during the period. It quoted at its highest level since May 2015.

Shares of Sun Pharmaceutical Industries hit a multi-year high of Rs 1,012.50 on gaining 2 per cent in Thursday’s intra-day trade on expectation of strong earnings growth. The stock of drug major crossed the Rs 1,000-mark after a gap of over seven years. It traded at its highest level since May 2015. The stock had hit a record high of Rs 1,201 on April 7, 2015.

Sun Pharma was trading higher for the third straight day, gaining nearly 4 per cent during the period. In past one month, the stock has rallied 13 per cent, as compared to 5