India's Gland Pharma rises on block deals

Gland Pharma

22/11/2023 08:52

** Shares of Gland Pharma Ltd  GLAD.NS  rise as much as 4.3%
to 1,724.10 rupees, hitting their highest level since Sept. 25
    ** More than 645,000 shares change hands in four block deals
 as of 2:10 p.m. IST, at a price between 1,715 rupees and 1,722
rupees - LSEG data
    ** If trend holds, stock will rise for a fourth straight
session
    ** Mean rating of 16 analysts covering the stock is "buy;"
median PT is 1,724 rupees - LSEG data  
    ** More than 1.4 mln shares traded by 2:10 p.m. IST, 4.4x
their 30-day avg
    ** Stock last up 3.7%, taking YTD gains to ~8.8% 

 (Reporitng by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))