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AKUMS — Akums Drugs and Pharmaceuticals News Story

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

** Shares of Akums Drugs and Pharmaceuticals AKUM.NS rise 3.5% to 497 rupees

** Drugmaker posts 5.5% Y/Y rise in June-qtr consol net profit; consol rev from ops rises 0.5% Y/Y

** AKUM rated "strong buy" by 3 analysts on average; median target price is 710 rupees – data compiled by LSEG

** Stock down 22% YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))

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