India's Akums Drugs and Pharmaceuticals gains on higher quarterly profit

Akums Drugs and Pharmaceuticals

10/08/2026 07:10

** Shares of India's Akums Drugs and Pharmaceuticals AKUM.NS rise as much as 7.6% to 750.55 rupees, their highest level since November 11, 2024; stock last up 5.2% 
** Drugmakerreports June-quarter consolidated net profit increases 57.5% Y/Y to 1 billion rupees ($10.50 million)
** Consolidated revenue from operations rises 14% Y/Y in the quarter 
** More than 1.2 million shares change hands, about 4x the 30-day average volume - data compiled by LSEG
** Stock up 62.3% YTD
     
($1 = 95.2500 Indian rupees)

(Reporting by Payel Das in Bengaluru)
((Payel.das@thomsonreuters.com))