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GODAVARIB — Godavari Biorefineries News Story

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India's Godavari Biorefineries jumps on getting patent for cancer treatment compound

BUZZ-India's Godavari Biorefineries jumps on getting patent for cancer treatment compound

** Shares of Godavari Biorefineries GODA.NS jump 6.9% to 304 rupees after co gets a Japanese patent for a compound to treat cancer

** The compound, 5-hydroxy-1,4-naphthalenedione, exhibits strong inhibitory effects on cancer and cancer stem cells, the company says

** Trading vols over 2x the 30-day average at 457,412 shares so far

** YTD, GODA up ~9%


(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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