India's Astrazeneca Pharma rises after Q1 profit jump

Astrazeneca Pharma India

16/08/2023 06:54

** Shares of Astrazeneca Pharma India  ASTR.NS  rise as much
as 7.5% to 4,254.9 rupees 
    ** If trends hold, ASTR on track for second consecutive
session of gains
    ** Co reports a near three-fold jump in profit Y/Y, on an
~27% jump in rev from ops 
    ** More than 109,772 shares change hands by 11:15 a.m. IST
vs 7.5x 30-day avg of 14,644 shares
    ** ASTR trading above its 50-day, 100-day and 200-day simple
mving averages, indicating bullish sentiment
    ** Stock up 20.1% YTD up to last close



($1 = 83.2470 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))