India's GlaxoSmithKline Pharma jumps on Q4 profit rise

GlaxoSmithKline Pharmaceuticals

17/05/2024 09:49

** Shares of GlaxoSmithKline Pharmaceuticals  GLAX.NS  up 7.1%
to 142.3 rupees, its highest since late Feb. 
    ** Healthcare firm's Q4 consol profit jumps ~46% y/y to 1.94
bln rupees, rev from ops up 18% 
    ** Stock was down 0.1% ahead of results
    ** GLAX is up about 16.3% this week so far, on course for
highest weekly gains
    ** Including session's gains, GLAX is up 22% YTD 



 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))