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Monday, December 23, 2024 | 12:51 PM ISTEN Hindi

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Unichem Lab near record high on talks of Torrent Pharma eyeing domestic biz

The stock was trading 3% higher at Rs 315, extending its past two days 17% surge on the BSE

Torrent
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SI Reporter Mumbai
Unichem Laboratories was trading 3% higher at Rs 315, extending its past two days 17% surge on the BSE, as media reports suggest that Torrent Pharma is in advanced talks to buy the company’s domestic business.

The stock of Unichem Laboratories hit a fresh 52-week high of Rs 323 on the BSE in early morning trade. It is trading close to its record high of Rs 334 touched on October 6, 2015 in intra-day trade.

The trading volumes on the counter more than doubled with a combined 837,972 shares changed hands on the BSE and NSE till 12:45

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