India's Indegene rises on partnership with Microsoft

Indegene

11/07/2024 07:42

** Shares of Indegene Ltd  INEG.NS  rise as much as 3.5% to
589.90 rupees 
    ** INEG, which provides medical commercialization services
to pharma firms, announces partnership with Microsoft  MSFT.O 
to help companies scale up the adoption of Generative AI
    ** Stock on track to gain for third straight day
    ** More than 1.5 mln shares traded as of 11:57 a.m. IST vs
30-day avg of 870,643 shares, highest vols in nearly a month
    ** INEG last up 2.7%, stock has gained ~2.4% since listing
in May 

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))