SMS Lifesciences locked in upper circuit; zooms 252% since listing

The stock was up 5% at Rs 475, appreciating 252% from Rs 135, since its listing on August 17, 2017 on BSE, against 2% rise in Sensex

SMS Lifesciences is locked in upper circuit for the 24th straight session, up 5% at Rs 475 on BSE, with only buyers were seen on the counter.

Till 1:44 PM, a combined 13,011 shares have changed hands on NSE and BSE and there were pending buy orders for 16,854 shares on both the exchanges.

Since its listing on August 17, 2017, the stock has appreciated by 252% from Rs 135, as compared to 2% rise on the S&P BSE Sensex. On the National Stock Exchange (NSE), it was listed on September 1, at price of Rs 230.