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GODAVARIB — Godavari Biorefineries News Story

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India's Godavari Biorefineries jumps after securing Chinese patent

BUZZ-India's Godavari Biorefineries jumps after securing Chinese patent

** Shares of India's Godavari Biorefineries GODA.NS rise 8.4% to 246.49 rupees, their biggest intraday percentage gain since August 11

** Stock on track to snap five sessions of losses

** Co says China's patent office granted patent for use of compounds in treating viral infections

** Patent covers use of compounds that inhibit V-ATPase activity in cells and their use in making medicines to treat viral infections

** About 5 million shares traded, 11.8x their 30-day moving average

** Stock down 12.51% YTD


(Reporting by Anushka Rajvedi in Bengaluru)

((mailto: anushka.rajvedi@thomsonreuters.com))

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