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Jubilant Life Sciences surges after 10% price hike for Niacinamide

The company has raised price of Vitamin B3 (Niacin & Niacinamide) by 10% with immediate effect

Jubilant Life Sciences

SI Reporter Mumbai
Shares of Jubilant Life Sciences were up over 6% at Rs 179 on the Bombay Stock Exchange after the company in release said it has increased price of Vitamin B3 (Niacin & Niacinamide) by 10% with immediate effect.

Jubilant Life Sciences is ranked amongst the largest manufacturers of Vitamin B3 (Niacin & Niacinamide) in the world.

The Company's Nutritional Products business is backward integrated up to the raw material stage with global scale of operations, the release added.

The stock opened at Rs 174 and touched a high of Rs 183. At 9:25AM, over 90,000 shares were traded on both the stock exchanges.

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First Published: Jun 17 2015 | 9:25 AM IST

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