India's Glenmark Life Sciences heads for best day in 6 months

Alivus Life Sciences

11/10/2022 07:51

** Shares of active pharmaceutical ingredients maker
Glenmark Life Sciences Ltd  GLEM.NS  rise as much as 10% to
425.05 rupees, set for its best day since Apr. 5
    ** GLEM shares touch highest since Sept. 16, up for third
straight session
    ** More than 778,000 shares change hands by 0642 GMT, 4.3X
the 30-day avg of 182,290 shares
    ** Stock down 38.8% YTD up to last close, compared with an
8.4% decline in the Nifty Pharma Index  .NIPHARM 
 (Reporting by Anisha Ajith in Bengaluru)
 ((anisha.ajith@thomsonreuters.com))