Why Did Indoco Remedies' Share Skyrocket 17% Today?
India, Sept. 10 -- The share of the company, which is a Mumbai-based pharmaceutical company that focuses on formulations with a presence in contract manufacturing and research, came into focus after several factors.
With a market capitalization of Rs 2,393 crore, Indoco Remedies Ltd's share on Wednesday made a day high of Rs 270.15 per share, up by 16.8 percent from its previous close of Rs 231.20 per share. The stock of the company gave a negative return of 6.76 percent over the last year.
Factors that might be behind the rally today
UK MHRA Clearance
Indoco Remedies' Goa Plant completed a UK MHRA cGMP inspection conducted from September 7 to September 9, 2026, with no critical or major observations. The outcome strengthens confidence...
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