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AstraZeneca rallies on shareholders nod for delisting

The stock has rallied over 10% to Rs 1,224 on the Bombay Stock Exchange.

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SI Reporter Mumbai
AstraZeneca Pharma India has surged over 10% to Rs 1,224 after the company said it has got a shareholder approval for voluntary delisting of equity shares of the company from the stock exchange.

Astra Pharmaceuticals AB, Sweden, the parent holds 75% stake in the company.

The stock opened at Rs 1,185 and touched a high of Rs 1,245 on the BSE. A combined around 30,000 shares changed hands on the counter in early morning deals on the BSE and NSE.
 

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First Published: Jun 23 2014 | 9:22 AM IST

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