The scrip zoomed to a high of Rs 1,430 and finally ended at Rs 1,391, up 6% from the previous close. The counter clocked volumes of 131,422 shares as compared to 25,274 shares traded on the BSE.
___________________________________________________
(Updated at 1448hrs)
The shares of Sun Pharma are quoting 6.78% up at Rs 1399.90 . They opened at Rs 1320.00, touched a high of Rs 1430 and a low of Rs 1298.95 during the day.
Sun Pharmaceutical Industries recently received the clearance of US Anti-Trust authorities for its open offer to acquire additional shares of Israeli-drug maker Taro Pharmaceutical. The company had filed an application for review of its open offer, launched last year, for buying additional stake in Israel-based Taro Pharmaceuticals by the US authorities on Aug. 28, 2009.
Besides, Sun Pharma aims to file 30 applications in the US for manufacturing and marketing its generic products.