New Delhi, Oct. 28 -- Shares of Syngene International closed 12% higher in Wednesday's trade on October 28, settling at Rs.411 apiece, its highest level in two months and its biggest single-day gain in six years. The rally followed the company's September-quarter results, which showed a sequential improvement in net profit, even as its year-on-year profit declined.

The contract research and manufacturing services (CRAMS) firm posted a consolidated net profit of Rs.32.2 crore in the September quarter (Q2FY27), marking a sharp turnaround from a net loss of Rs.9 crore in the first quarter of FY27.

However, the profit was down from Rs.67.1 crore in September 2025 quarter. Its revenue from operations stood at Rs.832.7 crore, compared with Rs...