Gland Pharma shares hit 52-week high; jump 7% despite market sell-off | Will rally continue after 93% YTD rise?
New Delhi, Nov. 9 -- Gland Pharma share price jumped over 6.73%, hitting a 52-week high in Monday's trading session, defying the downward rally in the Indian stock market. The pharma stock opened in the green at Rs.3,147 apiece on NSE today, as compared to the previous close of Rs.3,132.80 on Sunday and touched an intraday high of Rs.3,352 on 9 November.
Meanwhile, Indian benchmark indices Sensex and Nifty opened lower on Monday, weighed down by selling pressure in heavyweight IT stocks and profit-booking following the recent sharp rally in the equity market. The 30-share BSE Sensex fell 93.95 points to 80,919.19 in early trade, while the NSE Nifty 50 declined 30 points to 24,968.80.
Drugmaker Gland Pharma Ltd on Friday, November 6, rep...
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