New Delhi, Sept. 22 -- Mankind Pharma shares rose more than 2% in intraday trade on the BSE on Tuesday, 22 September, defying weak stock market sentiment. Mankind Pharma share price opened at Rs.2,445.60 against its previous close of Rs.2,429.85 and climbed 2.1% to an intraday high of Rs.2,481, rising for the fourth consecutive session. On the other hand, equity benchmark Sensex declined about 0.50% to hit an intraday low of 74,517 during the session.

At the price of Rs.2,481, Mankind Pharma stock has gained 10.4% in just four sessions.

Kotak Institutional Equities has upgraded Mankind Pharma to a "buy" from an "add" earlier, raising the target price to Rs.3,000 from Rs.2,885, citing signs of recovery in the company's core domestic busi...