Shasun Pharmaceuticals has rallied 10% to Rs 52.35 as the company's operations at its Pondicherry facility have been resumed after the workers called off strike.
The stock opened at Rs 48 and touched high of Rs 53.95 on BSE. A combined 271,770 shares have changed hands on the counter till 0951 hours on BSE and NSE.
“An amicable settlement has been reached with the workers at the company's Pondicherry facility. The strike has been called off and operations resumed from yesterday night,” drug firm Shasun Pharmaceuticals said in a regulatory filing.
Meanwhile, the stock was under pressure, falling 29% in past eight trading sessions from Rs 64.40 on June 14 and hit a 52-week low of Rs 45.60 on June 26 after operations at Pondicherry facility had affected due to strike by workers.
The stock opened at Rs 48 and touched high of Rs 53.95 on BSE. A combined 271,770 shares have changed hands on the counter till 0951 hours on BSE and NSE.
“An amicable settlement has been reached with the workers at the company's Pondicherry facility. The strike has been called off and operations resumed from yesterday night,” drug firm Shasun Pharmaceuticals said in a regulatory filing.
Meanwhile, the stock was under pressure, falling 29% in past eight trading sessions from Rs 64.40 on June 14 and hit a 52-week low of Rs 45.60 on June 26 after operations at Pondicherry facility had affected due to strike by workers.