Sudarshan Pharma Shares Jump 7% as Board On Wednesday; Check Details Here
New Delhi [India], October 28: Sudarshan Pharma Industries shares surged nearly 7% on Wednesday, touching an intraday high of ₹37.30 against...
New Delhi [India], October 28: Sudarshan Pharma Industries shares surged nearly 7% on Wednesday, touching an intraday high of ₹37.30 against the previous closing price of ₹34.88, following the company’s announcement of a proposed strategic investment in US-based MedTherapy Biotechnology Inc.
The stock has a 52-week high of ₹42.79 and a low of ₹18.50, with the company’s market capitalisation standing at approximately ₹950 crore.
The company’s board recently approved the acquisition of a 9.50% equity stake in MedTherapy Biotechnology, a Delaware-incorporated biotechnology company specialising in cancer cell and gene therapies.