Shares of Shasun Pharmaceuticals and Strides Arcolab have rallied by up to 5% on the bourses after the Competition Commission of India (CCI) has given its approval to the proposed merger of these companies.CLICK HERE TO READ FULL REPORT.
Shasun Pharmaceuticals was up 4% to Rs 358 on the National Stock Exchange (NSE). The stock hit a record high of Rs 392 in intra-day trade. The trading volumes on the counter have been more than three-fold with a combined 1.99 million shares changed hands till 1056 hours on the NSE and BSE.
Strides Arcolab gained 5.5% to Rs 1,115 on the NSE.
Shasun Pharmaceuticals was up 4% to Rs 358 on the National Stock Exchange (NSE). The stock hit a record high of Rs 392 in intra-day trade. The trading volumes on the counter have been more than three-fold with a combined 1.99 million shares changed hands till 1056 hours on the NSE and BSE.
Strides Arcolab gained 5.5% to Rs 1,115 on the NSE.