India's Shelter Pharma up after order win

Acutaas Chemicals

06/06/2024 08:25

** Shares of Shelter Pharma  SHEH.BO  up 7.6% to 52.7
rupees, its biggest intraday pct gain since May 3
    ** Pharmaceutical co got order worth $120,000 from Berlin
International Medical Co
    ** SHEH is trading below its key 50-, 100- moving avgs
    ** Stock is down 4% YTD, compared to a ~3% surge and 6%
decline in larger peers Ami Organics  AMIO.NS  and Hikal Limited
 HIKA.NS , respectively
    ** Stock is ~32% up from last August, when it made its
market debut

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))