India's Gufic Biosciences rises after incorporating subsidiary in Ireland

Gufic Biosciences

06/03/2023 08:37

** Shares of Gufic Biosciences  GUFI.NS  rise as much as
2.53% to 208.80 rupees, highest intraday gain since Feb. 20
    ** Active pharmaceutical ingredients' maker incorporates
company named Gufic Ireland as a wholly-owned subsidiary
    ** Incorporation of a new subsidiary in Ireland would give
vast business exposure in European markets, says GUFI
    ** Trading volume is 38,544 shares as of 1:59 p.m. IST, half
the 30-day avg of 83,914 shares - Refinitiv data

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))