India's Suven Pharma rallies to over 1.5-yr high

Cohance Lifesciences

21/11/2023 08:37

** Suven Pharmaceuticals  SUVH.NS  shares 3.6% to 615
rupees, their highest since April 29, 2022
    ** Stock set for fourth straight day of gains, during which
it has risen nearly 6%
    ** Stock has now gained 8.4% since the company posted
results on Nov. 9
    ** Since then, the stock has also traded above its 50- ,100-
and 200-day daily moving averages
    ** More than 380,000 shares traded by 1.28 p.m. IST, 1.4x
the 30-day avg
    ** Stock up nearly 22% YTD, set for its best on-year gain
since listing

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